PLIANT THERAPEUTICS INC (PLRX) Stock Technical Analysis
USA - NASDAQ:PLRX - US7291391057 - Common Stock
1.5 USD
+0.05 (+3.45%)
1.49 USD
-0.01 (-0.67%)
We assign a technical rating of 1 out of 10 to PLRX. 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
95% of all other stocks performed better in the past year than PLRX.
PLRX is part of the Pharmaceuticals industry. There are 196 other stocks in this industry, of which 81% are performing better than PLRX.
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 is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Considerably lower volume is observed in the last couple of days.
PLRX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.53. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.47, 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
1.41
1.65
We found 1 important support area.
- A support zone ranging from 1.42 to 1.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.53 to 1.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.63 from a trend 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 | 5.86 | NEGATIVE | PLRX has a low relative strength, it was outperformed by 94.14% 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) | 47.61 | 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) | 26.66 | NEUTRAL | The Stochastics value for PLRX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.22 | HIGH VOLATILITY | The high ATR as a percentage value for PLRX suggests high volalility. |
| Average Directional Index/ADX (14) | 11.13 | NEGATIVE | The low ADX value for PLRX suggests a weak or negative 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)
1.5
+0.05 (+3.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg3.45%
1 Week4.17%
2 Weeks0.67%
1 Month-7.98%
3 Month19.05%
6 Month11.94%
12 Month-86.99%
2 Year-89.78%
3 Year-93.97%
5 Year-93.06%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%7.22%
ATR Inc43.92%
Range Today0.13
ADR(20)0.11
ADR(20)%7.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.86
Mansfield-7.6
10 Day High1.55
10 Day Low1.41
20 Day High1.89
20 Day Low1.41
52 Week High16.1
52 Week Low1.1
CS1 End1.47
CR1 Start1.53
Volume & EV
DER(3)3.04%
DER(5)0.96%
Volume510.36K
Volume Incr-38.93%
Vol(5)357.39K
Vol(50)757.62K