PULSE BIOSCIENCES INC (PLSE) Stock Technical Analysis
NASDAQ:PLSE - Nasdaq - US74587B1017 - Common Stock - Currency: USD
Overall PLSE gets a technical rating of 7 out of 10. In the past year, PLSE was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
PLSE is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 89% of 188 stocks in the same industry.
In the last month PLSE has a been trading in the 15.72 - 18.26 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that PLSE is one of the better performing stocks in the market, outperforming 89% of all stocks. On top of that, PLSE also shows a nice and consistent pattern of rising prices. However, this overall performance is mostly based on the strong move around 10 months ago.
PLSE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PLSE is lagging the market slightly.
PLSE has an excellent technical rating and also presents 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 17.30, a Stop Loss order could be placed below this zone.
More info and screens
14.41
21.69
When analyzing the support we can see 4 important areas.
- A support zone ranging from 16.73 to 17.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.30 to 16.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.07 from a horizontal line in the weekly time frame.
- Support @14.56 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @17.91 from a horizontal line in the weekly time frame.
- Resistance @19.27 from a horizontal line in the daily time frame.
- Resistance @21.48 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for PLSE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PLSE is up. |
| ChartMill Relative Strength | 89.34 | POSITIVE | PLSE has a high relative strength, it outperformed 89.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PLSE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PLSE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PLSE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.16 | NEUTRAL | The RSI value for PLSE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests PLSE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.57 | NEUTRAL | The Stochastics value for PLSE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.08 | HIGH VOLATILITY | The high ATR as a percentage value for PLSE suggests high volalility. |
| Average Directional Index/ADX (14) | 18.02 | NEGATIVE | The low ADX value for PLSE 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.92 | 16.72 | 1.20 (6.70%) | 14.93% |
| An entry @17.92. This is a Buy Stop order right above the resistance zone. | An exit @16.72. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.20 points, which is 6.70%. | For a 1.00% total portfolio risk, you can invest 14.93% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PLSE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
17.305
-0.54 (-3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-3%
1 Week2.64%
2 Weeks4.94%
1 Month0.79%
3 Month-5.49%
6 Month-19.14%
12 Month49.83%
2 Year179.11%
3 Year676.01%
5 Year90.37%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%5.08%
ATR Inc-6.99%
Range Today1.07
ADR(20)0.87
ADR(20)%5.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.34
Mansfield-0.26
10 Day High18.26
10 Day Low16.35
20 Day High18.26
20 Day Low15.72
52 Week High25
52 Week Low9.7
CS1 End17.3
CR1 Start17.91
Volume & EV
DER(3)-0.33%
DER(5)-1.09%
Volume154.70K
Volume Incr-11.58%
Vol(5)147.14K
Vol(50)190.60K