We assign a technical rating of 0 out of 10 to PPBT. PPBT 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.
- 95% of all other stocks performed better in the past year than PPBT.
- PPBT is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, of which 78% are performing better than PPBT.
- PPBT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month PPBT has a been trading in the 0.54 - 0.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
PPBT has a bad technical rating, but it does show 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.
More info and screens
0.55
We found 1 important support area.
- Support @0.56 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @0.60 from a trend line in the daily time frame.
- A resistance zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.67 to 0.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 PPBT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PPBT is down. |
| ChartMill Relative Strength | 5.23 | NEGATIVE | PPBT has a low relative strength, it was outperformed by 94.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PPBT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PPBT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PPBT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.34 | NEUTRAL | The RSI value for PPBT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PPBT has a negative trend. |
| Stochastics (14,3) | 43.92 | NEUTRAL | The Stochastics value for PPBT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.56 | HIGH VOLATILITY | The high ATR as a percentage value for PPBT suggests high volalility. |
| Average Directional Index/ADX (14) | 19.51 | NEGATIVE | The low ADX value for PPBT suggests a weak or negative trend. |
0.587
-0.02 (-2.49%)
PURPLE BIOTECH LTD-ADR / PPBT FAQ
Can you provide the ChartMill technical rating for PURPLE BIOTECH LTD-ADR?
ChartMill assigns a technical rating of 0 / 10 to PPBT.
What is the current trend direction of PURPLE BIOTECH LTD-ADR (PPBT) stock?
The current trend direction for PURPLE BIOTECH LTD-ADR (PPBT) is Bearish.
What is the RSI signal for PURPLE BIOTECH LTD-ADR (PPBT) stock?
PURPLE BIOTECH LTD-ADR (PPBT) has an RSI value of 34.3394. This indicates that the stock is currently neutral.
What is the MACD signal for PPBT stock?
The MACD indicator for PURPLE BIOTECH LTD-ADR (PPBT) has a value of -0.000505258, indicating a bearish trend.
Can you provide the short term momentum for PURPLE BIOTECH LTD-ADR?
The short term momentum for PURPLE BIOTECH LTD-ADR (PPBT) is negative.