PRO-DEX INC (PDEX)
US74265M2052 - Common Stock
Taking everything into account, PDEX scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PDEX is only an average performer.
Warning: PDEX has an average volume of 6546 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
PDEX is part of the Health Care Equipment & Supplies industry. There are 192 other stocks in this industry. PDEX outperforms 74% of them.
PDEX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the performance of all stocks over the past year, PDEX turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
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.
Besides having an excellent technical rating, PDEX also presents 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 19.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.51, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.82
19.20
We found 5 important support areas.
- A support zone ranging from 18.21 to 18.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.45 to 17.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.91 from a trend line in the daily time frame.
- A support zone ranging from 16.34 to 16.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.97 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 19.01 to 19.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.96
Mansfield-0.39
10 Day High19.24
10 Day Low17.65
20 Day High19.24
20 Day Low17.42
52 Week High22.99
52 Week Low14.51
Performance
1 Week0.59%
2 Weeks1.92%
1 Month1.97%
3 Month-13.2%
6 Month3.39%
12 Month19.29%
2 Year16.39%
3 Year-45.55%
5 Year64.11%
10 Year807.81%
15 Year4552.5%
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)54.41
LBB18.06
UBB19.06
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 |
|---|---|---|---|
| 19.02 | 18.20 | 0.82 (4.31%) | 23.20% |
| An entry @19.02. This is a Buy Stop order right above the resistance zone. | An exit @18.20. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.82 points, which is 4.31%. | When investing 23.20% 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.
PRO-DEX INC
NASDAQ:PDEX (5/1/2024, 7:15:35 PM)
18.61
+0.11 (+0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.59%
1 Week0.59%
2 Weeks1.92%
1 Month1.97%
3 Month-13.2%
6 Month3.39%
12 Month19.29%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.67
ATR(20)%3.6%
ATR Inc
Range Today0.11
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High19.24
10 Day Low17.65
20 Day High19.24
20 Day Low17.42
52 Week High22.99
52 Week Low14.51
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.20K
Volume Incr-23.08%
Vol(5)4.70K
Vol(50)6.55K