PLRZ Technical Analysis - POLYRIZON LTD

Technical Rating and Analysis

We assign a technical rating of 2 out of 10 to PLRZ. PLRZ'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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

100% of all other stocks performed better in the past year than PLRZ.

PLRZ is one of the lesser performing stocks in the Biotechnology industry. 92% of 536 stocks in the same industry do better.

PLRZ has an average volume of 5254100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

In the last month PLRZ has a been trading in the 0.86 - 1.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although the technical rating is bad, PLRZ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.20. Right above this resistance zone may be a good entry point.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.73

1.21

When analyzing the support we can see 4 important areas.

Support @1.05 from a trend line in the daily time frame.
Support @1.01 from a horizontal line in the weekly time frame.
Support @0.95 from a horizontal line in the daily time frame.
Support @0.74 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

A resistance zone ranging from 1.20 to 1.20. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

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Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

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 PLRZ is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for PLRZ is down.
ChartMill Relative Strength	0	NEGATIVE	PLRZ has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of PLRZ is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of PLRZ is below the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of PLRZ is below a declining SMA(200).
Relative Strength Index/RSI (14)	44.91	NEUTRAL	The RSI value for PLRZ is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.04	POSITIVE	The MACD value suggests PLRZ has a positive trend, although the MACD value is declining.
Stochastics (14,3)	48.3	NEUTRAL	The Stochastics value for PLRZ is a neutral value.
Average True Range in percent/ATR (20)	9.22	HIGH VOLATILITY	The high ATR as a percentage value for PLRZ suggests high volalility.
Average Directional Index/ADX (14)	6.79	NEGATIVE	The low ADX value for PLRZ suggests a weak or negative trend.