PHARMACYTE BIOTECH INC (PMCB) Stock Technical Analysis
USA - NASDAQ:PMCB - US71715X2036 - Common Stock
1.01 USD
-0.02 (-1.94%)
0.985 USD
-0.03 (-2.48%)
Overall PMCB gets a technical rating of 1 out of 10. PMCB'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.
91% of all other stocks performed better in the past year than PMCB.
PMCB is part of the Biotechnology industry. There are 536 other stocks in this industry, of which 70% are performing better than PMCB.
PMCB 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.
In the last month PMCB has a been trading in the 0.91 - 1.18 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Although the technical rating is bad, PMCB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.00, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PMCB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.92
1.48
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.99 to 1.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.93 to 0.93. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- Resistance @1.02 from a trend line in the daily time frame.
- A resistance zone ranging from 1.05 to 1.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.37 from a trend line in the weekly time frame.
- Resistance @1.47 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 | DOWN | NEGATIVE | The long term trend for PMCB is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PMCB is up. |
| ChartMill Relative Strength | 9.38 | NEGATIVE | PMCB has a low relative strength, it was outperformed by 90.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PMCB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PMCB is above 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) | 52.03 | 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) | 44.22 | NEUTRAL | The Stochastics value for PMCB is a neutral value. |
| Average True Range in percent/ATR (20) | 7.66 | HIGH VOLATILITY | The high ATR as a percentage value for PMCB suggests high volalility. |
| Average Directional Index/ADX (14) | 26.47 | POSITIVE | The high ADX value value for PMCB 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)
1.01
-0.02 (-1.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.94%
1 Week4.17%
2 Weeks5.74%
1 Month-5.34%
3 Month-6.48%
6 Month-17.89%
12 Month-41.62%
2 Year-52.36%
3 Year-65.65%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%7.66%
ATR Inc-46.5%
Range Today0.07
ADR(20)0.08
ADR(20)%7.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.38
Mansfield-3.23
10 Day High1.18
10 Day Low0.91
20 Day High1.18
20 Day Low0.91
52 Week High2.42
52 Week Low0.8
CS1 End1
CR1 Start1.02
Volume & EV
DER(3)-4.04%
DER(5)3.32%
Volume38.89K
Volume Incr-30.33%
Vol(5)84.24K
Vol(50)105.71K