Taking everything into account, PDEX scores 5 out of 10 in our technical rating. In the past year, PDEX was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
PDEX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 42.17. Right above this resistance zone may be a good entry point.
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27.51
When analyzing the support we can see 4 important areas.
- A support zone ranging from 39.24 to 39.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 37.24 to 37.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.00 from a trend line in the daily time frame.
- Support @27.79 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 42.17 to 42.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 43.39 to 44.71. 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 | 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 | 54.22 | NEUTRAL | PDEX is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of PDEX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.63 | NEUTRAL | The RSI value for PDEX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests PDEX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.15 | NEUTRAL | The Stochastics value for PDEX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.49 | HIGH VOLATILITY | The high ATR as a percentage value for PDEX suggests high volalility. |
| Average Directional Index/ADX (14) | 17.63 | NEGATIVE | The low ADX value for PDEX suggests a weak or negative trend. |
41.74
+0.44 (+1.07%)
PRO-DEX INC / PDEX FAQ
Can you provide the ChartMill technical rating for PRO-DEX INC?
ChartMill assigns a technical rating of 5 / 10 to PDEX.
What is the trend direction for PDEX stock?
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 57.6277. 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 -0.177483, 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.