PULSE BIOSCIENCES INC (PLSE) Stock Technical Analysis
NASDAQ:PLSE - Nasdaq - US74587B1017 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to PLSE. PLSE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
PLSE 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.
PLSE is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. PLSE outperforms 76% of them.
When comparing the yearly performance of all stocks, we notice that PLSE is one of the better performing stocks in the market, outperforming 78% of all stocks. 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 currently trading near new highs, so PLSE is lagging the market.
The technical rating of PLSE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
14.33
21.69
2 important support areas can be observed.
- Support @15.07 from a horizontal line in the weekly time frame.
- A support zone ranging from 14.47 to 14.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 15.36 to 15.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.44 to 16.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.31 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for PLSE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PLSE is down. |
| ChartMill Relative Strength | 78.42 | POSITIVE | PLSE has a high relative strength, it outperformed 78.42% 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 | NEGATIVE | The current price of PLSE is below 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) | 38.67 | NEUTRAL | The RSI value for PLSE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests PLSE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.1 | NEUTRAL | The Stochastics value for PLSE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.78 | HIGH VOLATILITY | The high ATR as a percentage value for PLSE suggests high volalility. |
| Average Directional Index/ADX (14) | 21.83 | NEUTRAL | The ADX value for PLSE suggests a possible start of a new 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)
15.31
-0.09 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.58%
1 Week1.8%
2 Weeks-11.71%
1 Month-9.57%
3 Month-7.77%
6 Month-15.04%
12 Month36.82%
2 Year112.94%
3 Year900.65%
5 Year46.37%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%5.78%
ATR Inc-48.69%
Range Today0.44
ADR(20)0.88
ADR(20)%5.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.42
Mansfield-1.74
10 Day High17.81
10 Day Low14.57
20 Day High18.26
20 Day Low14.57
52 Week High25
52 Week Low10.52
CS1 End15.07
CR1 Start15.36
Volume & EV
DER(3)-2.77%
DER(5)-2.56%
Volume122.80K
Volume Incr26.24%
Vol(5)214.26K
Vol(50)171.35K