PLIANT THERAPEUTICS INC (PLRX) Technical Analysis
NASDAQ:PLRX • US7291391057
Current stock price
PLRX Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to PLRX. In the past year, PLRX was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- PLRX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PLRX is lagging the market.
- When comparing the performance of all stocks over the past year, PLRX turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
- PLRX is an average performer in the Pharmaceuticals industry, it outperforms 54% of 192 stocks in the same industry.
- In the last month PLRX has a been trading in the 1.14 - 1.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PLRX Weekly and Daily overview Charts
PLRX Setup Rating and Analysis
The technical rating of PLRX 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.
More info and screens
PLRX Support and Resistance Analysis
1.15
We found 4 important support areas.
- Support @1.34 from a trend line in the daily time frame.
- A support zone ranging from 1.26 to 1.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.18 from a trend line in the daily time frame.
- A support zone ranging from 1.16 to 1.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.36 from a horizontal line in the weekly time frame.
- Resistance @1.41 from a horizontal line in the daily time frame.
PLRX 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 | DOWN | NEGATIVE | The long term trend for PLRX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLRX is neutral. |
| ChartMill Relative Strength | 47.62 | NEUTRAL | PLRX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PLRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PLRX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PLRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.64 | NEUTRAL | The RSI value for PLRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PLRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.31 | NEUTRAL | The Stochastics value for PLRX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.83 | HIGH VOLATILITY | The high ATR as a percentage value for PLRX suggests high volalility. |
| Average Directional Index/ADX (14) | 22.05 | NEUTRAL | The ADX value for PLRX suggests a possible start of a new trend. |
PLRX Chart- and CandleStick Pattern Analysis
PLRX Technicals: Chart, Performance Metrics, Trend & Indicators
1.35
+0.03 (+2.27%)
PLIANT THERAPEUTICS INC / PLRX TA FAQ
What is the ChartMill technical rating of PLIANT THERAPEUTICS INC (PLRX) stock?
ChartMill assigns a technical rating of 3 / 10 to PLRX.
What is the current trend direction of PLIANT THERAPEUTICS INC (PLRX) stock?
The current trend direction for PLIANT THERAPEUTICS INC (PLRX) is Bearish.
What is the RSI signal for PLIANT THERAPEUTICS INC (PLRX) stock?
PLIANT THERAPEUTICS INC (PLRX) has an RSI value of 56.6388. This indicates that the stock is currently neutral.
What is the MACD signal for PLIANT THERAPEUTICS INC (PLRX) stock?
The MACD indicator for PLIANT THERAPEUTICS INC (PLRX) has a value of -0.000464081, indicating a bearish trend.
What are the support and resistance levels for PLIANT THERAPEUTICS INC (PLRX) stock?
PLIANT THERAPEUTICS INC (PLRX) has a support level at 1.34 and a resistance level at 1.36. Check the full technical report for our detailed analysis of PLRX support and resistance levels.