Overall PCSA gets a technical rating of 0 out of 10. 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.
- When comparing the yearly performance of all stocks, PCSA is a bad performer in the overall market: 98% of all stocks are doing better.
- PCSA is part of the Pharmaceuticals industry. There are 190 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.
- PCSA has an average volume of 2111070 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 2.82 - 4.90 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.
PCSA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for PCSA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.10
We found 2 important support areas.
- Support @3.29 from a trend line in the daily time frame.
- Support @3.13 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @3.72 from a horizontal line in the daily time frame.
- Resistance @4.58 from a trend line in the weekly time frame.
- A resistance zone ranging from 4.99 to 5.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.66 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 | 2.1 | NEGATIVE | PCSA has a low relative strength, it was outperformed by 97.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PCSA is above 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) | 44.02 | NEUTRAL | The RSI value for PCSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests PCSA has a positive trend. |
| Stochastics (14,3) | 63.62 | NEUTRAL | The Stochastics value for PCSA is a neutral value. |
| Average True Range in percent/ATR (20) | 14.64 | HIGH VOLATILITY | The high ATR as a percentage value for PCSA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.63 | NEGATIVE | The low ADX value for PCSA suggests a weak or negative trend. |
3.54
-0.17 (-4.58%)
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 44.0152. 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 0.167289, indicating a bearish trend.
What are the support and resistance levels for PROCESSA PHARMACEUTICALS INC (PCSA) stock?
PROCESSA PHARMACEUTICALS INC (PCSA) has a support level at 3.29 and a resistance level at 3.72. Check the full technical report for our detailed analysis of PCSA support and resistance levels.