Taking everything into account, PMI scores 0 out of 10 in our technical rating. 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.
PMI 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
2.11
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) | 28.77 | OVERSOLD | The low RSI value suggests PMI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests PMI has a positive trend. |
| Stochastics (14,3) | 5.72 | OVERSOLD | The low Stochastics value suggests PMI may be oversold. |
| Average True Range in percent/ATR (20) | 14.72 | HIGH VOLATILITY | The high ATR as a percentage value for PMI suggests high volalility. |
| Average Directional Index/ADX (14) | 46.63 | POSITIVE | The high ADX value value for PMI suggests a strong trend. |
2.13
+0.04 (+1.91%)
PICARD MEDICAL INC / PMI FAQ
What is the technical rating for PMI stock?
ChartMill assigns a technical rating of 0 / 10 to PMI.
What is the current trend direction of PICARD MEDICAL INC (PMI) stock?
The current trend direction for PICARD MEDICAL INC (PMI) is Bearish.
What is the RSI signal for PICARD MEDICAL INC (PMI) stock?
PICARD MEDICAL INC (PMI) has an RSI value of 28.7675. This indicates that the stock is currently oversold.
What is the MACD signal for PMI stock?
The MACD indicator for PICARD MEDICAL INC (PMI) has a value of 0.124947, indicating a bearish trend.