Taking everything into account, PCRX scores 4 out of 10 in our technical rating. PCRX has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
PCRX has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
20.80
When analyzing the support we can see 2 important areas.
- Support @22.89 from a trend line in the weekly time frame.
- A support zone ranging from 21.01 to 21.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 25.49 to 26.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @27.14 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for PCRX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PCRX is neutral. |
| ChartMill Relative Strength | 60.41 | NEUTRAL | PCRX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PCRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PCRX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PCRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.73 | NEUTRAL | The RSI value for PCRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests PCRX has a negative trend. |
| Stochastics (14,3) | 50.81 | NEUTRAL | The Stochastics value for PCRX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.95 | MEDIUM VOLATILITY | The ATR as a percentage value for PCRX suggests some volalility. |
| Average Directional Index/ADX (14) | 25.37 | POSITIVE | The high ADX value value for PCRX suggests a strong trend. |
23.53
-2.49 (-9.57%)
PACIRA BIOSCIENCES INC / PCRX FAQ
What is the ChartMill technical rating of PACIRA BIOSCIENCES INC (PCRX) stock?
ChartMill assigns a technical rating of 4 / 10 to PCRX.
What is the trend direction for PCRX stock?
The current trend direction for PACIRA BIOSCIENCES INC (PCRX) is Bearish.
What is the RSI signal for PACIRA BIOSCIENCES INC (PCRX) stock?
PACIRA BIOSCIENCES INC (PCRX) has an RSI value of 38.7315. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for PACIRA BIOSCIENCES INC?
PACIRA BIOSCIENCES INC (PCRX) has a support level at 22.89 and a resistance level at 25.49. Check the full technical report for our detailed analysis of PCRX support and resistance levels.