PROCESSA PHARMACEUTICALS INC (PCSA) Stock Technical Analysis
NASDAQ:PCSA - Nasdaq - US74275C3043 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to PCSA. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
99% of all other stocks performed better in the past year than PCSA.
PCSA is part of the Pharmaceuticals industry. There are 195 other stocks in this industry, of which 88% 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.
In the last month PCSA has a been trading in the 0.19 - 0.79 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
PCSA has an average volume of 20211100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, PCSA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.19
0.41
3 important resistance areas can be observed.
- A resistance zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.32 from a trend line in the daily time frame.
- Resistance @0.41 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 PCSA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PCSA is down. |
| ChartMill Relative Strength | 1.27 | NEGATIVE | PCSA has a low relative strength, it was outperformed by 98.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PCSA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PCSA is below a declining 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) | 39.29 | NEUTRAL | The RSI value for PCSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PCSA has a negative trend. |
| Stochastics (14,3) | 1.68 | OVERSOLD | The low Stochastics value suggests PCSA may be oversold. |
| Average True Range in percent/ATR (20) | 39.38 | HIGH VOLATILITY | The high ATR as a percentage value for PCSA suggests high volalility. |
| Average Directional Index/ADX (14) | 53.99 | 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)
0.1885
-0.01 (-5.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-5.75%
1 Week-28.25%
2 Weeks-27.5%
1 Month-34.62%
3 Month-44.56%
6 Month-80.78%
12 Month-89.1%
2 Year-97.86%
3 Year-99.7%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%39.38%
ATR Inc-82.84%
Range Today0.01
ADR(20)0.07
ADR(20)%37.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.27
Mansfield-7.96
10 Day High0.33
10 Day Low0.19
20 Day High0.79
20 Day Low0.19
52 Week High3.1
52 Week Low0.15
CS1 EndN/A
CR1 Start0.32
Volume & EV
DER(3)-0.15%
DER(5)-7.28%
Volume4.34M
Volume Incr-85.5%
Vol(5)6.68M
Vol(50)20.21M