PICARD MEDICAL INC (PMI) Technical Analysis
NYSEARCA:PMI • US71953R1086
Current stock price
PMI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to PMI. PMI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than PMI.
- PMI is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 91% of 187 stocks in the same industry do better.
- In the last month PMI has a been trading in the 0.69 - 1.10 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
PMI Weekly and Daily overview Charts
PMI Setup Rating and Analysis
The technical rating of PMI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
PMI Support and Resistance Analysis
PMI 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 PMI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PMI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | PMI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PMI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PMI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 28.93 | OVERSOLD | The low RSI value suggests PMI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PMI has a negative trend. |
| Stochastics (14,3) | 4.84 | OVERSOLD | The low Stochastics value suggests PMI may be oversold. |
| Average True Range in percent/ATR (20) | 10.97 | HIGH VOLATILITY | The high ATR as a percentage value for PMI suggests high volalility. |
| Average Directional Index/ADX (14) | 19.27 | NEGATIVE | The low ADX value for PMI suggests a weak or negative trend. |
PMI Chart- and CandleStick Pattern Analysis
PMI Technicals: Chart, Performance Metrics, Trend & Indicators
0.69
-0.16 (-18.44%)
PICARD MEDICAL INC / PMI TA FAQ
What is the technical rating for PMI stock?
ChartMill assigns a technical rating of 0 / 10 to PMI.
What is the trend direction for PMI stock?
The current trend direction for PICARD MEDICAL INC (PMI) is Bearish.
Can you provide the RSI signal for PICARD MEDICAL INC?
PICARD MEDICAL INC (PMI) has an RSI value of 28.9305. This indicates that the stock is currently oversold.
What is the MACD signal for PICARD MEDICAL INC (PMI) stock?
The MACD indicator for PICARD MEDICAL INC (PMI) has a value of -0.00981786, indicating a bearish trend.
Can you provide the short term momentum for PICARD MEDICAL INC?
The short term momentum for PICARD MEDICAL INC (PMI) is negative.