PACIRA BIOSCIENCES INC (PCRX) Stock Technical Analysis
USA - NASDAQ:PCRX - US6951271005 - Common Stock
21.66 USD
+0.17 (+0.79%)
21.77 USD
+0.11 (+0.51%)
Overall PCRX gets a technical rating of 1 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month PCRX has a been trading in the 19.84 - 26.05 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that PCRX is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
PCRX is an average performer in the Pharmaceuticals industry, it outperforms 65% of 191 stocks in the same industry.
PCRX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PCRX is lagging the market.
The technical rating of PCRX is bad and it also does not present a quality setup 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
20.88
27.52
We found 2 important support areas.
- Support @21.59 from a horizontal line in the weekly time frame.
- Support @21.09 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 22.46 to 22.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 23.45 to 23.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @26.63 from a trend line in the weekly time frame.
- Resistance @27.25 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 | DOWN | NEGATIVE | The long term trend for PCRX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PCRX is down. |
| ChartMill Relative Strength | 72.78 | POSITIVE | PCRX has a high relative strength, it outperformed 72.78% off all stocks 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) | DOWN | NEGATIVE | The current price of PCRX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PCRX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.19 | NEUTRAL | The RSI value for PCRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests PCRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.06 | NEUTRAL | The Stochastics value for PCRX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for PCRX suggests some volalility. |
| Average Directional Index/ADX (14) | 41.81 | POSITIVE | The high ADX value value for PCRX 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)
21.66
+0.17 (+0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.79%
1 Week-4.87%
2 Weeks-6.07%
1 Month-15.56%
3 Month-3.95%
6 Month-15.79%
12 Month28.7%
2 Year-23.35%
3 Year-58.15%
5 Year-58.59%
10 Year-56.64%
15 YearN/A
Volatility
ATR(14)0.94
ATR(20)%4.18%
ATR Inc-35.16%
Range Today0.57
ADR(20)0.9
ADR(20)%4.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.78
3 months CRS24.6
6 months CRS10.71
Mansfield-1.64
10 Day High23.51
10 Day Low19.84
20 Day High26.05
20 Day Low19.84
52 Week High27.64
52 Week Low16
CS1 End21.59
CR1 Start22.46
Volume & EV
DER(3)-2.11%
DER(5)-1.2%
Volume377.90K
Volume Incr40.53%
Vol(5)695.02K
Vol(50)588.99K