PICARD MEDICAL INC (PMI) Technical Analysis
NYSEARCA:PMI • US71953R1086
Current stock price
PMI Technical Rating and Analysis
Overall PMI gets a technical rating of 1 out of 10. PMI'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.
- 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. 90% of 188 stocks in the same industry do better.
- In the last month PMI has a been trading in the 0.92 - 1.37 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
PMI Weekly and Daily overview Charts
PMI Setup Rating and Analysis
Although the technical rating is bad, PMI does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for PMI 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
PMI Support and Resistance Analysis
1.04
When analyzing the resistance we notice one important area.
- Resistance @1.09 from a horizontal line in the daily time frame.
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) | UP | MIXED | The current price of PMI is below the rising 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) | 42.7 | NEUTRAL | The RSI value for PMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PMI has a positive trend. |
| Stochastics (14,3) | 20.74 | NEUTRAL | The Stochastics value for PMI is a neutral value. |
| Average True Range in percent/ATR (20) | 11.73 | HIGH VOLATILITY | The high ATR as a percentage value for PMI suggests high volalility. |
| Average Directional Index/ADX (14) | 16.83 | 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
1.05
+0.01 (+0.96%)
PICARD MEDICAL INC / PMI TA FAQ
What is the technical rating for PMI stock?
ChartMill assigns a technical rating of 1 / 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 42.6964. This indicates that the stock is currently neutral.
What is the MACD signal for PICARD MEDICAL INC (PMI) stock?
The MACD indicator for PICARD MEDICAL INC (PMI) has a value of 0.00945774, 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.