Taking everything into account, PLSE scores 0 out of 10 in our technical rating. PLSE 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.
- 85% of all other stocks performed better in the past year than PLSE.
- PLSE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month PLSE has a been trading in the 13.17 - 15.96 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- PLSE is an average performer in the Health Care Equipment & Supplies industry, it outperforms 43% of 186 stocks in the same industry.
PLSE 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 a support zone below the current price at 13.70, a Stop Loss order could be placed below this zone.
More info and screens
12.87
When analyzing the support we can see 2 important areas.
- A support zone ranging from 13.64 to 13.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.00 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 14.36 to 14.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.26 to 15.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.12 from a horizontal line in the daily time frame.
- Resistance @18.12 from a trend 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 | DOWN | NEGATIVE | The long term trend for PLSE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLSE is neutral. |
| ChartMill Relative Strength | 15.01 | NEGATIVE | PLSE has a low relative strength, it was outperformed by 84.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLSE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PLSE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PLSE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.47 | NEUTRAL | The RSI value for PLSE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PLSE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.46 | NEUTRAL | The Stochastics value for PLSE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.54 | HIGH VOLATILITY | The high ATR as a percentage value for PLSE suggests high volalility. |
| Average Directional Index/ADX (14) | 13.94 | NEGATIVE | The low ADX value for PLSE suggests a weak or negative trend. |
14.36
+0.53 (+3.83%)
PULSE BIOSCIENCES INC / PLSE FAQ
What is the technical rating for PLSE stock?
ChartMill assigns a technical rating of 0 / 10 to PLSE.
What is the trend direction for PLSE stock?
The current trend direction for PULSE BIOSCIENCES INC (PLSE) is Bearish.
What is the RSI signal for PULSE BIOSCIENCES INC (PLSE) stock?
PULSE BIOSCIENCES INC (PLSE) has an RSI value of 50.4667. This indicates that the stock is currently neutral.
What are the support and resistance levels for PULSE BIOSCIENCES INC (PLSE) stock?
PULSE BIOSCIENCES INC (PLSE) has a support level at 13.7 and a resistance level at 14.36. Check the full technical report for our detailed analysis of PLSE support and resistance levels.