PIERIS PHARMACEUTICALS INC (PIRS) Technical Analysis
NASDAQ:PIRS • US7207952026
Current stock price
PIRS Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to PIRS. PIRS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, PIRS is a bad performer in the overall market: 73% of all stocks are doing better.
- In the last month PIRS has a been trading in the 13.26 - 17.36 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Warning: PIRS has an average volume of 23124 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- PIRS is an average performer in the Biotechnology industry, it outperforms 42% of 517 stocks in the same industry.
- PIRS 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 PIRS is lagging the market slightly.
PIRS Weekly and Daily overview Charts
PIRS Setup Rating and Analysis
The technical rating of PIRS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
PIRS Support and Resistance Analysis
13.46
We can see 3 important resistance areas.
- A resistance zone ranging from 16.18 to 16.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.80 from a trend line in the daily time frame.
- A resistance zone ranging from 17.24 to 17.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
PIRS Technical Indicator Signal Analysis
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 PIRS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PIRS is neutral. |
| ChartMill Relative Strength | 27.28 | NEGATIVE | PIRS has a low relative strength, it was outperformed by 72.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PIRS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PIRS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PIRS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 28.14 | OVERSOLD | The low RSI value suggests PIRS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests PIRS has a negative trend. |
| Stochastics (14,3) | 29.42 | NEUTRAL | The Stochastics value for PIRS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.7 | HIGH VOLATILITY | The high ATR as a percentage value for PIRS suggests high volalility. |
| Average Directional Index/ADX (14) | 13.37 | NEGATIVE | The low ADX value for PIRS suggests a weak or negative trend. |
PIRS Chart- and CandleStick Pattern Analysis
PIRS Technicals: Chart, Performance Metrics, Trend & Indicators
13.6
-2.53 (-15.69%)
PIERIS PHARMACEUTICALS INC / PIRS TA FAQ
Can you provide the ChartMill technical rating for PIERIS PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 1 / 10 to PIRS.
What is the current trend direction of PIERIS PHARMACEUTICALS INC (PIRS) stock?
The current trend direction for PIERIS PHARMACEUTICALS INC (PIRS) is Bearish.
What is the RSI signal for PIERIS PHARMACEUTICALS INC (PIRS) stock?
PIERIS PHARMACEUTICALS INC (PIRS) has an RSI value of 28.1385. This indicates that the stock is currently oversold.
What is the MACD signal for PIRS stock?
The MACD indicator for PIERIS PHARMACEUTICALS INC (PIRS) has a value of -0.173824, indicating a bearish trend.