PACIRA BIOSCIENCES INC (PCRX) Stock Technical Analysis
NASDAQ:PCRX - Nasdaq - US6951271005 - Common Stock - Currency: USD
Overall PCRX 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, PCRX is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
PCRX is part of the Pharmaceuticals industry. There are 198 other stocks in this industry. PCRX outperforms 78% of them.
PCRX is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so PCRX slightly outperforms the market at the moment.
In the last month PCRX has a been trading in the 21.79 - 27.64 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, PCRX outperforms 63% of them, which is more or less in line with the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, PCRX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 26.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.59, a Stop Loss order could be placed below this zone. 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
22.64
27.52
2 important support areas can be observed.
- A support zone ranging from 24.10 to 24.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.87 to 22.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.91 to 27.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.39
Mansfield2.78
10 Day High27.31
10 Day Low24.1
20 Day High27.64
20 Day Low21.79
52 Week High31.67
52 Week Low11.16
Performance
1 Week6.75%
2 Weeks8.12%
1 Month11.76%
3 Month2.16%
6 Month62.34%
12 Month-1.14%
2 Year-40.63%
3 Year-63.93%
5 Year-34.85%
10 Year-60.72%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.22
RSI(14)60.21
LBB23.46
UBB27.47
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 |
|---|---|---|---|
| 27.26 | 24.08 | 3.18 (11.65%) | 8.59% |
| An entry @27.26. This is a Buy Stop order right above the resistance zone. | An exit @24.08. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.18 points, which is 11.65%. | For a 1.00% total portfolio risk, you can invest 8.59% of your capital in this trade. |
- 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.
26.9
-0.1 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.37%
1 Week6.75%
2 Weeks8.12%
1 Month11.76%
3 Month2.16%
6 Month62.34%
12 Month-1.14%
2 Year-40.63%
3 Year-63.93%
5 Year-34.85%
10 Year-60.72%
15 YearN/A
Volatility
ATR(14)1.25
ATR(20)%6.04%
ATR Inc-59.33%
Range Today0.7
ADR(20)1.42
ADR(20)%5.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.39
Mansfield2.78
10 Day High27.31
10 Day Low24.1
20 Day High27.64
20 Day Low21.79
52 Week High31.67
52 Week Low11.16
CS1 End24.59
CR1 Start26.91
Volume & EV
DER(3)-0.83%
DER(5)-0.23%
Volume838.11K
Volume Incr-14.62%
Vol(5)852.60K
Vol(50)948.65K