NASDAQ:PDEX • US74265M2052
We assign a technical rating of 7 out of 10 to PDEX. In the last year, PDEX was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Although PDEX has an excellent technical rating, the quality of the presented setup is not ideal 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.
28.42
We found 4 important support areas.
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 | NEUTRAL | NEUTRAL | The long term trend for PDEX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PDEX is neutral. |
| ChartMill Relative Strength | 81.81 | POSITIVE | PDEX has a high relative strength, it outperformed 81.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PDEX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PDEX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PDEX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.74 | NEUTRAL | The RSI value for PDEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests PDEX has a positive trend. |
| Stochastics (14,3) | 96.35 | OVERBOUGHT | The high Stochastics value suggests PDEX may be overbought. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for PDEX suggests some volalility. |
| Average Directional Index/ADX (14) | 11.37 | NEGATIVE | The low ADX value for PDEX suggests a weak or negative trend. |
44.68
+2.08 (+4.88%)
ChartMill assigns a technical rating of 7 / 10 to PDEX.
The current trend direction for PRO-DEX INC (PDEX) is Bearish.
PRO-DEX INC (PDEX) has an RSI value of 66.7443. This indicates that the stock is currently neutral.
The MACD indicator for PRO-DEX INC (PDEX) has a value of 0.554012, indicating a bearish trend.
The short term momentum for PRO-DEX INC (PDEX) is neutral.