Taking everything into account, PLRX scores 1 out of 10 in our technical rating. PLRX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 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 191 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.
- PLRX has an average volume of 1287460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month PLRX has a been trading in the 1.19 - 1.38 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PLRX has a bad 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. 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
1.21
We found 2 important support areas.
- A support zone ranging from 1.27 to 1.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.22 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.33 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.36 to 1.39. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for PLRX is down. |
| ChartMill Relative Strength | 3.64 | NEGATIVE | PLRX has a low relative strength, it was outperformed by 96.36% 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) | 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) | 46.24 | NEUTRAL | The RSI value for PLRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PLRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 47.27 | NEUTRAL | The Stochastics value for PLRX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.53 | MEDIUM VOLATILITY | The ATR as a percentage value for PLRX suggests some volalility. |
| Average Directional Index/ADX (14) | 21.17 | NEUTRAL | The ADX value for PLRX suggests a possible start of a new trend. |
1.28
-0.01 (-0.78%)
PLIANT THERAPEUTICS INC / PLRX FAQ
What is the ChartMill technical rating of PLIANT THERAPEUTICS INC (PLRX) stock?
ChartMill assigns a technical rating of 1 / 10 to PLRX.
Can you provide the trend direction for PLIANT THERAPEUTICS INC?
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 46.239. This indicates that the stock is currently neutral.
What is the MACD signal for PLRX stock?
The MACD indicator for PLIANT THERAPEUTICS INC (PLRX) has a value of 0.0114723, indicating a bearish trend.
What is the short term momentum for PLRX stock?
The short term momentum for PLIANT THERAPEUTICS INC (PLRX) is negative.