PRO-DEX INC (PDEX) Stock Technical Analysis
NASDAQ:PDEX - US74265M2052 - Common Stock
46.71 USD
+0.5 (+1.08%)
Overall PDEX gets a technical rating of 6 out of 10. Although PDEX has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
PDEX is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 93% of 185 stocks in the same industry.
Looking at the yearly performance, PDEX did better than 93% of all other stocks. We also observe that the gains produced by PDEX over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 10 months ago.
PDEX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PDEX is lagging the market.
In the last month PDEX has a been trading in the 36.00 - 51.74 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PDEX has an average technical rating and also the quality of the setup is only medium 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
38.62
54.05
When analyzing the support we can see 3 important areas.
- A support zone ranging from 43.90 to 46.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.72 from a horizontal line in the weekly time frame.
- A support zone ranging from 39.01 to 39.24. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 47.75 to 48.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @49.44 from a horizontal line in the weekly time frame.
- Resistance @53.51 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 | NEUTRAL | NEUTRAL | The long term trend for PDEX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PDEX is up. |
| ChartMill Relative Strength | 93.48 | POSITIVE | PDEX has a high relative strength, it outperformed 93.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PDEX is above a declining 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) | 52.97 | NEUTRAL | The RSI value for PDEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests PDEX has a positive trend. |
| Stochastics (14,3) | 80.78 | OVERBOUGHT | The high Stochastics value suggests PDEX may be overbought. |
| Average True Range in percent/ATR (20) | 6.27 | HIGH VOLATILITY | The high ATR as a percentage value for PDEX suggests high volalility. |
| Average Directional Index/ADX (14) | 17.27 | NEGATIVE | The low ADX value for PDEX suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 48.26 | 43.89 | 4.37 (9.06%) | 11.04% |
| An entry @48.26. This is a Buy Stop order right above the resistance zone. | An exit @43.89. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.37 points, which is 9.06%. | When investing 11.04% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of PDEX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:PDEX (8/26/2025, 8:00:01 PM)
46.71
+0.5 (+1.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.08%
1 Week6.35%
2 Weeks18.49%
1 Month-9.34%
3 Month16.64%
6 Month34.53%
12 Month100.21%
2 Year174.6%
3 Year143.28%
5 Year61.85%
10 Year1896.15%
15 Year2584.48%
Volatility
ATR(14)3.06
ATR(20)%6.27%
ATR Inc-40.9%
Range Today1.73
ADR(20)2.9
ADR(20)%6.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.48
Mansfield-0.08
10 Day High48.45
10 Day Low39.05
20 Day High51.74
20 Day Low36
52 Week High70.26
52 Week Low21.2
CS1 End46.02
CR1 Start47.75
Volume & EV
DER(3)4.7%
DER(5)2.59%
Volume22.80K
Volume Incr-48.33%
Vol(5)25.34K
Vol(50)56.02K