Taking everything into account, PCSA scores 0 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 99% of all other stocks performed better in the past year than PCSA.
- PCSA is one of the lesser performing stocks in the Pharmaceuticals industry. 87% of 191 stocks in the same industry do better.
- 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 2.05 - 3.80 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 1620930 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.
The technical rating of PCSA 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
2.36
3 important resistance areas can be observed.
- Resistance @3.17 from a trend line in the weekly time frame.
- Resistance @3.47 from a trend line in the daily time frame.
- Resistance @3.58 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 | DOWN | NEGATIVE | The short term trend for PCSA is down. |
| ChartMill Relative Strength | 1.38 | NEGATIVE | PCSA has a low relative strength, it was outperformed by 98.62% 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) | 35.11 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 12.47 | OVERSOLD | The low Stochastics value suggests PCSA may be oversold. |
| Average True Range in percent/ATR (20) | 11.99 | HIGH VOLATILITY | The high ATR as a percentage value for PCSA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.82 | NEGATIVE | The low ADX value for PCSA suggests a weak or negative trend. |
2.38
+0.21 (+9.68%)
PROCESSA PHARMACEUTICALS INC / PCSA FAQ
What is the technical rating for PCSA stock?
ChartMill assigns a technical rating of 0 / 10 to PCSA.
Can you provide the trend direction for PROCESSA PHARMACEUTICALS INC?
The current trend direction for PROCESSA PHARMACEUTICALS INC (PCSA) is Bearish.
What is the RSI signal for PROCESSA PHARMACEUTICALS INC (PCSA) stock?
PROCESSA PHARMACEUTICALS INC (PCSA) has an RSI value of 35.1101. This indicates that the stock is currently neutral.
What is the MACD signal for PROCESSA PHARMACEUTICALS INC (PCSA) stock?
The MACD indicator for PROCESSA PHARMACEUTICALS INC (PCSA) has a value of -0.0126588, indicating a bearish trend.
What are the support and resistance levels for PROCESSA PHARMACEUTICALS INC (PCSA) stock?
PROCESSA PHARMACEUTICALS INC (PCSA) has a resistance level at 3.17. Check the full technical report for our detailed analysis of PCSA support and resistance levels.