PLIANT THERAPEUTICS INC (PLRX) Stock Technical Analysis
NASDAQ:PLRX - Nasdaq - US7291391057 - Common Stock - Currency: USD
Overall PLRX gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
97% of all other stocks performed better in the past year than PLRX.
PLRX is one of the lesser performing stocks in the Pharmaceuticals industry. 82% of 195 stocks in the same industry do better.
PLRX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month PLRX has a been trading in the 1.13 - 1.70 range, which is quite wide. It is currently trading near the lows of this range.
PLRX has an average volume of 1170770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
PLRX has a poor technical rating and the quality of the setup is also only medium 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
1.25
1.72
We can see 3 important resistance areas.
- A resistance zone ranging from 1.26 to 1.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.36 to 1.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.70 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 | DOWN | NEGATIVE | The short term trend for PLRX is down. |
| ChartMill Relative Strength | 3.13 | NEGATIVE | PLRX has a low relative strength, it was outperformed by 96.87% 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) | DOWN | NEGATIVE | The current price of PLRX is below a declining 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) | 43.31 | 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) | 21.38 | NEUTRAL | The Stochastics value for PLRX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.87 | HIGH VOLATILITY | The high ATR as a percentage value for PLRX suggests high volalility. |
| Average Directional Index/ADX (14) | 20.02 | NEUTRAL | The ADX value for PLRX suggests a possible start of a new 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)
1.26
+0.06 (+5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg5%
1 Week-3.08%
2 Weeks-3.82%
1 Month-24.1%
3 Month-5.97%
6 Month-90.69%
12 Month-88.02%
2 Year-92.94%
3 Year-92.75%
5 Year-94.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%8.87%
ATR Inc-20.61%
Range Today0.09
ADR(20)0.11
ADR(20)%8.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.13
Mansfield-8.6
10 Day High1.43
10 Day Low1.13
20 Day High1.7
20 Day Low1.13
52 Week High16.1
52 Week Low1.1
CS1 End1.24
CR1 Start1.38
Volume & EV
DER(3)3.86%
DER(5)2.92%
Volume1.12M
Volume Incr267.94%
Vol(5)3.58M
Vol(50)1.17M