PROTALIX BIOTHERAPEUTICS INC (PLX) Stock Technical Analysis
NYSEARCA:PLX - NYSE Arca - US74365A3095 - Common Stock - Currency: USD
Overall PLX gets a technical rating of 0 out of 10. PLX'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, PLX is a bad performer in the overall market: 86% of all stocks are doing better.
PLX 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.
PLX has an average volume of 1199270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PLX is an average performer in the Biotechnology industry, it outperforms 48% of 560 stocks in the same industry.
In the last month PLX has a been trading in the 1.32 - 1.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PLX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.39, a Stop Loss order could be placed below this zone.
More info and screens
1.37
1.57
We found 1 important support area.
- A support zone ranging from 1.38 to 1.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.49 to 1.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.55 to 1.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 PLX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PLX is down. |
| ChartMill Relative Strength | 14.97 | NEGATIVE | PLX has a low relative strength, it was outperformed by 85.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PLX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PLX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.52 | NEUTRAL | The RSI value for PLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PLX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.81 | NEUTRAL | The Stochastics value for PLX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.9 | HIGH VOLATILITY | The high ATR as a percentage value for PLX suggests high volalility. |
| Average Directional Index/ADX (14) | 20.17 | NEUTRAL | The ADX value for PLX 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)
1.41
-0.07 (-4.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.73%
1 Week-8.44%
2 Weeks-2.76%
1 Month-10.19%
3 Month-41.49%
6 Month-37.89%
12 Month23.68%
2 Year-11.87%
3 Year33.02%
5 Year-60.61%
10 Year-91.4%
15 Year-97.84%
Volatility
ATR(14)0.11
ATR(20)%6.9%
ATR Inc-24.67%
Range Today0.06
ADR(20)0.1
ADR(20)%6.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.97
Mansfield-2.46
10 Day High1.67
10 Day Low1.41
20 Day High1.67
20 Day Low1.32
52 Week High3.1
52 Week Low0.82
CS1 End1.39
CR1 Start1.49
Volume & EV
DER(3)-6.57%
DER(5)-5.94%
Volume1.01M
Volume Incr-31.3%
Vol(5)829.70K
Vol(50)1.20M