PRO-DEX INC (PDEX) Stock Technical Analysis
USA - NASDAQ:PDEX - US74265M2052 - Common Stock
We assign a technical rating of 1 out of 10 to PDEX. PDEX'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 technical rating of PDEX 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
26.47
2 important support areas can be observed.
- A support zone ranging from 30.95 to 30.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.74 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 34.82 to 35.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 36.25 to 36.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 PDEX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PDEX is neutral. |
| ChartMill Relative Strength | 10.33 | NEGATIVE | PDEX has a low relative strength, it was outperformed by 89.67% 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) | DOWN | NEGATIVE | The current price of PDEX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PDEX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.6 | NEUTRAL | The RSI value for PDEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests PDEX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.74 | NEUTRAL | The Stochastics value for PDEX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.39 | HIGH VOLATILITY | The high ATR as a percentage value for PDEX suggests high volalility. |
| Average Directional Index/ADX (14) | 25.84 | POSITIVE | The high ADX value value for PDEX suggests a strong trend. |
32.53
+1.58 (+5.11%)
PRO-DEX INC / PDEX FAQ
Can you provide the ChartMill technical rating for PRO-DEX INC?
ChartMill assigns a technical rating of 1 / 10 to PDEX.
Can you provide the trend direction for PRO-DEX INC?
The current trend direction for PRO-DEX INC (PDEX) is Bearish.
Can you provide the RSI signal for PRO-DEX INC?
PRO-DEX INC (PDEX) has an RSI value of 52.5968. This indicates that the stock is currently neutral.
What is the MACD signal for PDEX stock?
The MACD indicator for PRO-DEX INC (PDEX) has a value of 0.610353, indicating a bearish trend.