PDS BIOTECHNOLOGY CORP (PDSB) Stock Technical Analysis
NASDAQ:PDSB - Nasdaq - US70465T1079 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to PDSB. PDSB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, PDSB is a bad performer in the overall market: 96% of all stocks are doing better.
PDSB is part of the Biotechnology industry. There are 556 other stocks in this industry, of which 74% are performing better than PDSB.
PDSB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month PDSB has a been trading in the 1.02 - 1.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
PDSB has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.17, a Stop Loss order could be placed below this zone.
More info and screens
1.13
1.82
2 important support areas can be observed.
- A support zone ranging from 1.16 to 1.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 1.14 to 1.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- Resistance @1.26 from a horizontal line in the daily time frame.
- Resistance @1.32 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.42 to 1.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.49 from a trend line in the daily time frame.
- Resistance @1.69 from a trend line in the daily time frame.
- Resistance @1.80 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 | DOWN | NEGATIVE | The long term trend for PDSB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PDSB is down. |
| ChartMill Relative Strength | 4.65 | NEGATIVE | PDSB has a low relative strength, it was outperformed by 95.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PDSB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PDSB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PDSB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.68 | NEUTRAL | The RSI value for PDSB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PDSB has a positive trend. |
| Stochastics (14,3) | 50.88 | NEUTRAL | The Stochastics value for PDSB is a neutral value. |
| Average True Range in percent/ATR (20) | 8.66 | HIGH VOLATILITY | The high ATR as a percentage value for PDSB suggests high volalility. |
| Average Directional Index/ADX (14) | 28.83 | POSITIVE | The high ADX value value for PDSB suggests a strong 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)
1.18
-0.03 (-2.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.48%
1 Week2.61%
2 Weeks-4.84%
1 Month-18.62%
3 Month-5.6%
6 Month-23.87%
12 Month-69.59%
2 Year-79.35%
3 Year-72.43%
5 Year-67.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%8.66%
ATR Inc-27.25%
Range Today0.08
ADR(20)0.1
ADR(20)%8.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.65
Mansfield-4.63
10 Day High1.28
10 Day Low1.02
20 Day High1.47
20 Day Low1.02
52 Week High4.29
52 Week Low0.85
CS1 End1.17
CR1 Start1.26
Volume & EV
DER(3)-11.82%
DER(5)-4.82%
Volume243.70K
Volume Incr-38.49%
Vol(5)338.66K
Vol(50)661.71K