PROMIS NEUROSCIENCES INC (PMN) Stock Technical Analysis
NASDAQ:PMN - Nasdaq - CA74346M4065 - Common Stock - Currency: USD
Overall PMN gets a technical rating of 0 out of 10. PMN 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, PMN is a bad performer in the overall market: 97% of all stocks are doing better.
PMN is one of the lesser performing stocks in the Biotechnology industry. 80% of 558 stocks in the same industry do better.
PMN 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 PMN is lagging the market.
In the last month PMN has a been trading in the 0.47 - 0.61 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, PMN does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
0.48
0.55
3 important resistance areas can be observed.
- A resistance zone ranging from 0.51 to 0.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.53 to 0.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.54 from a horizontal line in the daily 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 PMN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PMN is neutral. |
| ChartMill Relative Strength | 3.38 | NEGATIVE | PMN has a low relative strength, it was outperformed by 96.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PMN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PMN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PMN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.19 | NEUTRAL | The RSI value for PMN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PMN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 15.44 | OVERSOLD | The low Stochastics value suggests PMN may be oversold. |
| Average True Range in percent/ATR (20) | 13.37 | HIGH VOLATILITY | The high ATR as a percentage value for PMN suggests high volalility. |
| Average Directional Index/ADX (14) | 12.46 | NEGATIVE | The low ADX value for PMN suggests a weak or negative 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)
NASDAQ:PMN (6/5/2025, 8:01:32 PM)
0.4808
-0.02 (-4.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.57%
1 Week-4.72%
2 Weeks-3.12%
1 Month-14.07%
3 Month-36.74%
6 Month-50.38%
12 Month-72.84%
2 Year-87.61%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%13.37%
ATR Inc16.01%
Range Today0.08
ADR(20)0.06
ADR(20)%13.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.38
Mansfield-5.53
10 Day High0.61
10 Day Low0.47
20 Day High0.61
20 Day Low0.47
52 Week High2.37
52 Week Low0.47
CS1 EndN/A
CR1 Start0.51
Volume & EV
DER(3)-12.53%
DER(5)-10.47%
Volume62.40K
Volume Incr5.72%
Vol(5)59.22K
Vol(50)45.86K