PROCESSA PHARMACEUTICALS INC (PCSA)

US74275C3043 - Common Stock

2.22  +0.13 (+6.22%)

Technical Rating and Analysis

1

Taking everything into account, PCSA scores 1 out of 10 in our technical rating. PCSA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
96% of all other stocks performed better in the past year than PCSA.
PCSA is part of the Pharmaceuticals industry. There are 197 other stocks in this industry, of which 77% 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.
PCSA has an average volume of 1813910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PCSA has a been trading in the 1.40 - 2.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
PCSA Weekly chart
PCSA Daily chart
Setup Rating and Analysis

5

Although the technical rating is bad, PCSA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

Support and Resistance Analysis

2.06

2.43

We found 1 important support area.

  • A support zone ranging from 2.08 to 2.10. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • Resistance @2.41 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.82
Mansfield-7.31
10 Day High2.59
10 Day Low1.98
20 Day High2.68
20 Day Low1.4
52 Week High18
52 Week Low1.4
Performance
1 Week-3.69%
2 Weeks-2.79%
1 Month25.15%
3 Month-16.06%
6 Month-66.59%
12 Month-82.64%
2 Year-95.9%
3 Year-98.3%
5 YearN/A
10 YearN/A
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)0.04
RSI(14)48.24
LBB1.64
UBB2.68
PCSA Daily chart

PROCESSA PHARMACEUTICALS INC

NASDAQ:PCSA (5/13/2024, 3:00:00 PM)

2.22

+0.13 (+6.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg6.22%
1 Week-3.69%
2 Weeks-2.79%
1 Month25.15%
3 Month-16.06%
6 Month-66.59%
12 Month-82.64%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.27
ATR(20)%11.33%
ATR Inc
Range Today0.15
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.59
10 Day Low1.98
20 Day High2.68
20 Day Low1.4
52 Week High18
52 Week Low1.4
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume46.85K
Volume Incr-96.75%
Vol(5)136.36K
Vol(50)1.81M