We assign a technical rating of 2 out of 10 to PLSE. PLSE'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.
Although the technical rating is bad, PLSE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
12.87
When analyzing the support we can see 2 important areas.
- Support @13.36 from a trend line in the weekly time frame.
- Support @13.00 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 14.89 to 15.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.12 from a horizontal line in the daily time frame.
- Resistance @18.41 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 | NEUTRAL | NEUTRAL | The long term trend for PLSE is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLSE is neutral. |
| ChartMill Relative Strength | 16 | NEGATIVE | PLSE has a low relative strength, it was outperformed by 84% 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) | 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) | 49.76 | NEUTRAL | The RSI value for PLSE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests PLSE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.05 | NEUTRAL | The Stochastics value for PLSE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.7 | MEDIUM VOLATILITY | The ATR as a percentage value for PLSE suggests some volalility. |
| Average Directional Index/ADX (14) | 23.43 | NEUTRAL | The ADX value for PLSE suggests a possible start of a new trend. |
14.4
-0.46 (-3.1%)
PULSE BIOSCIENCES INC / PLSE FAQ
What is the technical rating for PLSE stock?
ChartMill assigns a technical rating of 2 / 10 to PLSE.
What is the current trend direction of PULSE BIOSCIENCES INC (PLSE) stock?
The current trend direction for PULSE BIOSCIENCES INC (PLSE) is Bearish.
Can you provide the RSI signal for PULSE BIOSCIENCES INC?
PULSE BIOSCIENCES INC (PLSE) has an RSI value of 49.7571. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for PULSE BIOSCIENCES INC?
PULSE BIOSCIENCES INC (PLSE) has a support level at 13.36 and a resistance level at 14.89. Check the full technical report for our detailed analysis of PLSE support and resistance levels.