PROCESSA PHARMACEUTICALS INC (PCSA) Stock Technical Analysis
NASDAQ:PCSA - Nasdaq - US74275C3043 - Common Stock - Currency: USD
Overall PCSA gets a technical rating of 4 out of 10. In the past year, PCSA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, PCSA is a bad performer in the overall market: 96% of all stocks are doing better.
PCSA is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, of which 76% are performing better than PCSA.
PCSA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
PCSA has an average volume of 5299880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month PCSA has a been trading in the 0.22 - 0.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PCSA has an average technical rating and it also does not offer a high 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
0.24
0.40
We found 1 important support area.
- Support @0.24 from a trend 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 PCSA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PCSA is up. |
| ChartMill Relative Strength | 4.81 | NEGATIVE | PCSA has a low relative strength, it was outperformed by 95.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PCSA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PCSA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PCSA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 73.89 | OVERBOUGHT | The high RSI value suggests PCSA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PCSA has a positive trend. |
| Stochastics (14,3) | 37.02 | NEUTRAL | The Stochastics value for PCSA is a neutral value. |
| Average True Range in percent/ATR (20) | 13.72 | HIGH VOLATILITY | The high ATR as a percentage value for PCSA suggests high volalility. |
| Average Directional Index/ADX (14) | 48.84 | POSITIVE | The high ADX value value for PCSA 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)
0.4
+0.06 (+16.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg16.45%
1 Week30.04%
2 Weeks33.33%
1 Month74.52%
3 Month-10.45%
6 Month-63.96%
12 Month-77.14%
2 Year-95.98%
3 Year-99.29%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%13.72%
ATR Inc29.84%
Range Today0.09
ADR(20)0.05
ADR(20)%13.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.81
Mansfield-6.04
10 Day High0.57
10 Day Low0.25
20 Day High0.57
20 Day Low0.22
52 Week High3.1
52 Week Low0.15
CS1 End0.24
CR1 StartN/A
Volume & EV
DER(3)11.59%
DER(5)6.53%
Volume4.66M
Volume Incr-47.61%
Vol(5)2.84M
Vol(50)5.30M