PUMA BIOTECHNOLOGY INC (PBYI) Stock Technical Analysis
USA - NASDAQ:PBYI - US74587V1070 - Common Stock
Overall PBYI gets a technical rating of 6 out of 10. In the last year, PBYI was one of the better performers, but we do observe some doubts in the very recent evolution.
Although the technical rating is only medium, PBYI does present a nice setup opportunity. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.27
We found 4 important support areas.
- A support zone ranging from 4.98 to 4.98. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @4.72 from a horizontal line in the daily time frame.
- Support @3.38 from a trend line in the daily time frame.
- Support @3.30 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.13 to 5.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for PBYI is neutral. |
| ChartMill Relative Strength | 91.62 | POSITIVE | PBYI has a high relative strength, it outperformed 91.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PBYI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PBYI is below a declining 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) | 48.11 | NEUTRAL | The RSI value for PBYI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests PBYI has a negative trend. |
| Stochastics (14,3) | 22.93 | NEUTRAL | The Stochastics value for PBYI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.78 | HIGH VOLATILITY | The high ATR as a percentage value for PBYI suggests high volalility. |
| Average Directional Index/ADX (14) | 23.63 | NEUTRAL | The ADX value for PBYI suggests a possible start of a new trend. |
4.99
-0.2 (-3.85%)
PUMA BIOTECHNOLOGY INC / PBYI FAQ
Can you provide the ChartMill technical rating for PUMA BIOTECHNOLOGY INC?
ChartMill assigns a technical rating of 6 / 10 to PBYI.
Can you provide the trend direction for PUMA BIOTECHNOLOGY INC?
The current trend direction for PUMA BIOTECHNOLOGY INC (PBYI) is Bullish.
What is the RSI signal for PBYI stock?
PUMA BIOTECHNOLOGY INC (PBYI) has an RSI value of 48.1087. This indicates that the stock is currently neutral.
What is the short term momentum for PUMA BIOTECHNOLOGY INC (PBYI) stock?
The short term momentum for PUMA BIOTECHNOLOGY INC (PBYI) is neutral.
What are the support and resistance levels for PUMA BIOTECHNOLOGY INC (PBYI) stock?
PUMA BIOTECHNOLOGY INC (PBYI) has a support level at 4.98 and a resistance level at 5.13. Check the full technical report for our detailed analysis of PBYI support and resistance levels.