PUMA BIOTECHNOLOGY INC (PBYI) Stock Technical Analysis
NASDAQ:PBYI - US74587V1070 - Common Stock
5.25 USD
+0.03 (+0.57%)
5.24 USD
-0.01 (-0.19%)
Taking everything into account, PBYI scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PBYI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that PBYI is one of the better performing stocks in the market, outperforming 96% of all stocks.
PBYI is part of the Biotechnology industry. There are 549 other stocks in this industry. PBYI outperforms 90% of them.
PBYI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PBYI is lagging the market slightly.
In the last month PBYI has a been trading in the 3.03 - 6.07 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Although PBYI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.28
5.80
We found 5 important support areas.
- Support @5.00 from a horizontal line in the daily time frame.
- Support @3.10 from a trend line in the weekly time frame.
- Support @3.04 from a trend line in the daily time frame.
- Support @2.75 from a horizontal line in the daily time frame.
- Support @2.30 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.74 to 5.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PBYI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PBYI is up. |
| ChartMill Relative Strength | 96.15 | POSITIVE | PBYI has a high relative strength, it outperformed 96.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PBYI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PBYI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PBYI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.5 | OVERBOUGHT | The high RSI value suggests PBYI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests PBYI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.09 | NEUTRAL | The Stochastics value for PBYI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.36 | HIGH VOLATILITY | The high ATR as a percentage value for PBYI suggests high volalility. |
| Average Directional Index/ADX (14) | 39.02 | POSITIVE | The high ADX value value for PBYI suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
5.25
+0.03 (+0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.57%
1 Week-8.38%
2 Weeks42.28%
1 Month60.06%
3 Month62.29%
6 Month80.72%
12 Month106.69%
2 Year44.63%
3 Year95.9%
5 Year-48.98%
10 Year-94.29%
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%7.36%
ATR Inc-29.98%
Range Today0.33
ADR(20)0.38
ADR(20)%7.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.15
Mansfield5.25
10 Day High6.07
10 Day Low3.71
20 Day High6.07
20 Day Low3.03
52 Week High6.07
52 Week Low2.23
CS1 End5
CR1 Start5.74
Volume & EV
DER(3)0.73%
DER(5)0.15%
Volume671.80K
Volume Incr39.72%
Vol(5)1.03M
Vol(50)556.43K