PRO-DEX INC (PDEX) Technical Analysis
NASDAQ:PDEX • US74265M2052
Current stock price
PDEX Technical Rating and Analysis
Overall PDEX gets a technical rating of 8 out of 10. Although PDEX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: PDEX has an average volume of 26248 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- PDEX is part of the Health Care Equipment & Supplies industry. There are 184 other stocks in this industry. PDEX outperforms 81% of them.
- When comparing the yearly performance of all stocks, we notice that PDEX is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- PDEX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PDEX is lagging the market slightly.
- In the last month PDEX has a been trading in the 38.83 - 51.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PDEX Weekly and Daily overview Charts
PDEX Setup Rating and Analysis
Besides having an excellent technical rating, PDEX also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
PDEX Support and Resistance Analysis
28.81
4 important support areas can be observed.
- A support zone ranging from 46.16 to 46.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.92 to 42.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.72 from a horizontal line in the daily time frame.
- Support @29.10 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @48.47 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 49.93 to 50.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
PDEX Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for PDEX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PDEX is up. |
| ChartMill Relative Strength | 71.73 | POSITIVE | PDEX has a high relative strength, it outperformed 71.73% 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) | 54.82 | NEUTRAL | The RSI value for PDEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PDEX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.06 | NEUTRAL | The Stochastics value for PDEX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.46 | HIGH VOLATILITY | The high ATR as a percentage value for PDEX suggests high volalility. |
| Average Directional Index/ADX (14) | 33.76 | POSITIVE | The high ADX value value for PDEX suggests a strong trend. |
PDEX Chart- and CandleStick Pattern Analysis
PDEX Technicals: Chart, Performance Metrics, Trend & Indicators
46.54
-2.46 (-5.02%)
PRO-DEX INC / PDEX TA FAQ
Can you provide the ChartMill technical rating for PRO-DEX INC?
ChartMill assigns a technical rating of 8 / 10 to PDEX.
What is the trend direction for PDEX stock?
The current trend direction for PRO-DEX INC (PDEX) is Bullish.
Can you provide the RSI signal for PRO-DEX INC?
PRO-DEX INC (PDEX) has an RSI value of 54.8172. This indicates that the stock is currently neutral.
What is the MACD signal for PRO-DEX INC (PDEX) stock?
The MACD indicator for PRO-DEX INC (PDEX) has a value of 0.0217076, indicating a bearish trend.
What is the short term momentum for PRO-DEX INC (PDEX) stock?
The short term momentum for PRO-DEX INC (PDEX) is positive.