PIERIS PHARMACEUTICALS INC (PIRS) Stock Technical Analysis
NASDAQ:PIRS - Nasdaq - US7207952026 - Common Stock - Currency: USD
Taking everything into account, PIRS scores 1 out of 10 in our technical rating. 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
PIRS is part of the Biotechnology industry. There are 559 other stocks in this industry, PIRS did better than 65% of them.
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.
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
13.46
17.48
3 important resistance areas can be observed.
- 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.
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. |
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)
13.6
-2.53 (-15.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-15.69%
1 Week-16.72%
2 Weeks-16.33%
1 Month-14.73%
3 Month-18.42%
6 Month34.79%
12 Month2.97%
2 Year-83.65%
3 Year-95.5%
5 Year-95.3%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.78
ATR(20)%5.7%
ATR Inc152.24%
Range Today2.09
ADR(20)0.69
ADR(20)%5.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.28
Mansfield-1.31
10 Day High17.36
10 Day Low13.26
20 Day High17.36
20 Day Low13.26
52 Week High22.32
52 Week Low6.2
CS1 EndN/A
CR1 Start16.18
Volume & EV
DER(3)-6.53%
DER(5)-1.34%
Volume51.70K
Volume Incr40.5%
Vol(5)37.60K
Vol(50)23.12K