PMV PHARMACEUTICALS INC (PMVP) Stock Technical Analysis
NASDAQ:PMVP - US69353Y1038 - Common Stock
1.4 USD
-0.04 (-2.78%)
1.4285 USD
+0.03 (+2.04%)
We assign a technical rating of 7 out of 10 to PMVP. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month PMVP has a been trading in the 1.37 - 1.61 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
PMVP is one of the better performing stocks in the Biotechnology industry, it outperforms 74% of 542 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that PMVP is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
PMVP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PMVP is lagging the market.
Volume is considerably higher in the last couple of days.
PMVP has an excellent technical rating and also presents a decent setup pattern. 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 1.39, a Stop Loss order could be placed below this zone.
More info and screens
1.38
1.60
We found 1 important support area.
- A support zone ranging from 1.39 to 1.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.53 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.56 to 1.58. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for PMVP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PMVP is neutral. |
| ChartMill Relative Strength | 83.03 | POSITIVE | PMVP has a high relative strength, it outperformed 83.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PMVP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PMVP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PMVP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.06 | NEUTRAL | The RSI value for PMVP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PMVP has a negative trend. |
| Stochastics (14,3) | 21.36 | NEUTRAL | The Stochastics value for PMVP is a neutral value. |
| Average True Range in percent/ATR (20) | 7.32 | HIGH VOLATILITY | The high ATR as a percentage value for PMVP suggests high volalility. |
| Average Directional Index/ADX (14) | 22.48 | NEUTRAL | The ADX value for PMVP suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.54 | 1.38 | 0.16 (10.39%) | 9.62% |
| An entry @1.54. This is a Buy Stop order right above the resistance zone. | An exit @1.38. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.16 points, which is 10.39%. | For a 1.00% total portfolio risk, you can invest 9.62% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.4
-0.04 (-2.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.78%
1 Week-5.41%
2 Weeks-7.89%
1 Month0%
3 Month59.42%
6 Month2.19%
12 Month-10.83%
2 Year-80.61%
3 Year-89.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%7.32%
ATR Inc-34.47%
Range Today0.06
ADR(20)0.1
ADR(20)%7.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.03
Mansfield-0.41
10 Day High1.6
10 Day Low1.37
20 Day High1.61
20 Day Low1.37
52 Week High1.82
52 Week Low0.81
CS1 End1.39
CR1 Start1.53
Volume & EV
DER(3)-0.24%
DER(5)-4.09%
Volume1.15M
Volume Incr213.12%
Vol(5)724.38K
Vol(50)310.79K