Taking everything into account, PDYN scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. PDYN was also a bad performer in the overall market in the last year.
The technical rating of PDYN 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.
4.51
We found 1 important support area.
We can see 3 important resistance areas.
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 PDYN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PDYN is up. |
| ChartMill Relative Strength | 14.64 | NEGATIVE | PDYN has a low relative strength, it was outperformed by 85.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PDYN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PDYN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PDYN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.14 | NEUTRAL | The RSI value for PDYN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests PDYN has a positive trend. |
| Stochastics (14,3) | 89.63 | OVERBOUGHT | The high Stochastics value suggests PDYN may be overbought. |
| Average True Range in percent/ATR (20) | 6.45 | HIGH VOLATILITY | The high ATR as a percentage value for PDYN suggests high volalility. |
| Average Directional Index/ADX (14) | 29.15 | POSITIVE | The high ADX value value for PDYN suggests a strong trend. |
6.34
-0.16 (-2.46%)
ChartMill assigns a technical rating of 3 / 10 to PDYN.
The current trend direction for PALLADYNE AI CORP (PDYN) is Bearish.
PALLADYNE AI CORP (PDYN) has an RSI value of 64.142. This indicates that the stock is currently neutral.
The short term momentum for PALLADYNE AI CORP (PDYN) is positive.