PCI BIOTECH HOLDING ASA (PCIB.OL) Stock Technical Analysis
OSL:PCIB - Euronext Oslo - NO0010405640 - Common Stock - Currency: NOK
Overall PCIB gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PCIB is only an average performer.
In the last month PCIB has a been trading in the 1.56 - 1.89 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The long and short term trends are both positive. This is looking good!
PCIB is one of the better performing stocks in the Biotechnology industry, it outperforms 78% of 65 stocks in the same industry.
When compared to the yearly performance of all other stocks, PCIB outperforms 63% of them, which is more or less in line with the market.
PCIB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PCIB is lagging the market.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, PCIB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.66, a Stop Loss order could be placed below this zone.
More info and screens
1.24
1.78
3 important support areas can be observed.
- A support zone ranging from 1.57 to 1.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.40 from a horizontal line in the daily time frame.
- A support zone ranging from 1.25 to 1.27. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.69 to 1.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.76 from a horizontal line in the weekly 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 PCIB.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PCIB.OL is up. |
| ChartMill Relative Strength | 63.29 | NEUTRAL | PCIB.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PCIB.OL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PCIB.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PCIB.OL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.48 | NEUTRAL | The RSI value for PCIB.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PCIB.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 38.97 | NEUTRAL | The Stochastics value for PCIB.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.66 | HIGH VOLATILITY | The high ATR as a percentage value for PCIB.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 27.23 | POSITIVE | The high ADX value value for PCIB.OL 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.72 | 1.57 | 0.15 (8.72%) | 11.47% |
| An entry @1.72. This is a Buy Stop order right above the resistance zone. | An exit @1.57. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.15 points, which is 8.72%. | When investing 11.47% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of PCIB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
OSL:PCIB (7/4/2025, 7:00:00 PM)
1.65
-0.05 (-2.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.94%
1 Week0.6%
2 Weeks-0.89%
1 Month1.52%
3 Month28.85%
6 Month20.68%
12 Month-6.94%
2 Year-11.84%
3 Year-58.12%
5 Year-96.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%7.66%
ATR Inc-56.67%
Range Today0
ADR(20)0.13
ADR(20)%7.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.29
Mansfield0.04
10 Day High1.89
10 Day Low1.58
20 Day High1.89
20 Day Low1.57
52 Week High2.22
52 Week Low1.1
CS1 End1.66
CR1 Start1.69
Volume & EV
DER(3)0%
DER(5)0%
Volume700
Volume Incr-52.64%
Vol(5)22.96K
Vol(50)80.42K