PHARMACYTE BIOTECH INC (PMCB) Technical Analysis
NASDAQ:PMCB • US71715X2036
Current stock price
PMCB Technical Rating and Analysis
Overall PMCB gets a technical rating of 0 out of 10. PMCB 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, PMCB is a bad performer in the overall market: 89% of all stocks are doing better.
- PMCB is one of the lesser performing stocks in the Biotechnology industry. 69% of 517 stocks in the same industry do better.
- PMCB is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PMCB is lagging the market.
- In the last month PMCB has a been trading in the 0.63 - 0.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PMCB Weekly and Daily overview Charts
PMCB Setup Rating and Analysis
PMCB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.66, a Stop Loss order could be placed below this zone. 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
PMCB Support and Resistance Analysis
0.63
We found 1 important support area.
- A support zone ranging from 0.64 to 0.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.74 to 0.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.98 from a trend line in the weekly time frame.
- Resistance @1.22 from a trend line in the weekly time frame.
PMCB Technical Indicator Signal Analysis
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 PMCB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PMCB is neutral. |
| ChartMill Relative Strength | 11.84 | NEGATIVE | PMCB has a low relative strength, it was outperformed by 88.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PMCB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PMCB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PMCB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.29 | NEUTRAL | The RSI value for PMCB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PMCB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.73 | NEUTRAL | The Stochastics value for PMCB is a neutral value. |
| Average True Range in percent/ATR (20) | 11.02 | HIGH VOLATILITY | The high ATR as a percentage value for PMCB suggests high volalility. |
| Average Directional Index/ADX (14) | 10.25 | NEGATIVE | The low ADX value for PMCB suggests a weak or negative trend. |
PMCB Chart- and CandleStick Pattern Analysis
PMCB Technicals: Chart, Performance Metrics, Trend & Indicators
0.671
-0.04 (-5.23%)
PHARMACYTE BIOTECH INC / PMCB TA FAQ
What is the technical rating for PMCB stock?
ChartMill assigns a technical rating of 0 / 10 to PMCB.
Can you provide the trend direction for PHARMACYTE BIOTECH INC?
The current trend direction for PHARMACYTE BIOTECH INC (PMCB) is Bearish.
What is the RSI signal for PMCB stock?
PHARMACYTE BIOTECH INC (PMCB) has an RSI value of 43.2949. This indicates that the stock is currently neutral.
What is the short term momentum for PMCB stock?
The short term momentum for PHARMACYTE BIOTECH INC (PMCB) is neutral.