PROTALIX BIOTHERAPEUTICS INC (PLX) Stock Technical Analysis
NYSEARCA:PLX - NYSE Arca - US74365A3095 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to PLX. PLX 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.
In the last month PLX has a been trading in the 1.46 - 3.10 range, which is quite wide. It is currently trading near the lows of this range.
PLX is one of the better performing stocks in the Biotechnology industry, it outperforms 78% of 561 stocks in the same industry.
PLX has an average volume of 1009390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, PLX turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
PLX 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 PLX is lagging the market slightly.
PLX has a poor technical rating and the quality of the setup is also only medium 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
1.48
1.74
We found 1 important support area.
- Support @1.49 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @1.72 from a horizontal line in the daily 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 PLX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PLX is down. |
| ChartMill Relative Strength | 52.55 | NEUTRAL | PLX is not amongst the best or worst performers 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) | 30.81 | NEUTRAL | The RSI value for PLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests PLX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.72 | OVERSOLD | The low Stochastics value suggests PLX may be oversold. |
| Average True Range in percent/ATR (20) | 12.33 | HIGH VOLATILITY | The high ATR as a percentage value for PLX suggests high volalility. |
| Average Directional Index/ADX (14) | 34.62 | POSITIVE | The high ADX value value for PLX suggests a strong 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)
1.62
-0.03 (-1.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.82%
1 Week-2.99%
2 Weeks-5.81%
1 Month-43.16%
3 Month-32.22%
6 Month-4.14%
12 Month31.71%
2 Year-22.49%
3 Year37.29%
5 Year-51.5%
10 Year-91.65%
15 Year-97.33%
Volatility
ATR(14)0.2
ATR(20)%12.33%
ATR Inc-63.3%
Range Today0.08
ADR(20)0.17
ADR(20)%10.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.55
Mansfield-0.51
10 Day High1.79
10 Day Low1.46
20 Day High3.1
20 Day Low1.46
52 Week High3.1
52 Week Low0.82
CS1 End1.49
CR1 Start1.72
Volume & EV
DER(3)2.76%
DER(5)1.91%
Volume867.50K
Volume Incr-48.29%
Vol(5)753.86K
Vol(50)1.01M