Taking everything into account, PLRX scores 2 out of 10 in our technical rating. PLRX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, PLRX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.41
When analyzing the support we can see 3 important areas.
- Support @1.52 from a trend line in the daily time frame.
- Support @1.46 from a horizontal line in the daily time frame.
- A support zone ranging from 1.42 to 1.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.58 to 1.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.71 from a trend line in the daily time frame.
- A resistance zone ranging from 1.80 to 1.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.86 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 PLRX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLRX is neutral. |
| ChartMill Relative Strength | 5.39 | NEGATIVE | PLRX has a low relative strength, it was outperformed by 94.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PLRX is below 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) | 47.1 | NEUTRAL | The RSI value for PLRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PLRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.79 | NEUTRAL | The Stochastics value for PLRX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.16 | HIGH VOLATILITY | The high ATR as a percentage value for PLRX suggests high volalility. |
| Average Directional Index/ADX (14) | 15.81 | NEGATIVE | The low ADX value for PLRX suggests a weak or negative trend. |
1.58
+0.01 (+0.64%)
PLIANT THERAPEUTICS INC / PLRX FAQ
What is the ChartMill technical rating of PLIANT THERAPEUTICS INC (PLRX) stock?
ChartMill assigns a technical rating of 2 / 10 to PLRX.
What is the trend direction for PLRX stock?
The current trend direction for PLIANT THERAPEUTICS INC (PLRX) is Bearish.
What is the RSI signal for PLRX stock?
PLIANT THERAPEUTICS INC (PLRX) has an RSI value of 47.0981. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PLIANT THERAPEUTICS INC?
The MACD indicator for PLIANT THERAPEUTICS INC (PLRX) has a value of -0.0122956, 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 1.52 and a resistance level at 1.58. Check the full technical report for our detailed analysis of PLRX support and resistance levels.