PLIANT THERAPEUTICS INC (PLRX) Stock Technical Analysis
USA - NASDAQ:PLRX - US7291391057 - Common Stock
We assign a technical rating of 5 out of 10 to PLRX. Recently some decent action could be observed, but in the medium term time frame this is still negative. PLRX was also a bad performer in the overall market in the last year.
PLRX has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.54, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PLRX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.42
We found 4 important support areas.
- A support zone ranging from 1.53 to 1.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.49 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 1.43 to 1.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @1.78 from a trend line in the daily time frame.
- A resistance zone ranging from 1.86 to 1.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for PLRX is up. |
| ChartMill Relative Strength | 4.12 | NEGATIVE | PLRX has a low relative strength, it was outperformed by 95.88% off all stocks 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) | 51.74 | 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. |
| Stochastics (14,3) | 39.87 | NEUTRAL | The Stochastics value for PLRX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.18 | HIGH VOLATILITY | The high ATR as a percentage value for PLRX suggests high volalility. |
| Average Directional Index/ADX (14) | 31.63 | POSITIVE | The high ADX value value for PLRX suggests a strong trend. |
1.67
-0.01 (-0.6%)
PLIANT THERAPEUTICS INC / PLRX FAQ
What is the ChartMill technical rating of PLIANT THERAPEUTICS INC (PLRX) stock?
ChartMill assigns a technical rating of 5 / 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 51.7366. 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 -0.00455923, 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 1.54 and a resistance level at 1.78. Check the full technical report for our detailed analysis of PLRX support and resistance levels.