USA - NASDAQ:PPCB - US74346N7012 - Common Stock
We assign a technical rating of 1 out of 10 to PPCB. PPCB performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of PPCB is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
1.05
When analyzing the resistance we notice one important area.
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 PPCB is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PPCB is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | PPCB 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 PPCB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PPCB is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 26.41 | OVERSOLD | The low RSI value suggests PPCB may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests PPCB has a negative trend. |
| Stochastics (14,3) | 4.83 | OVERSOLD | The low Stochastics value suggests PPCB may be oversold. |
| Average True Range in percent/ATR (20) | 11.84 | HIGH VOLATILITY | The high ATR as a percentage value for PPCB suggests high volalility. |
| Average Directional Index/ADX (14) | 22.52 | NEUTRAL | The ADX value for PPCB suggests a possible start of a new trend. |
1.06
-0.07 (-6.19%)
ChartMill assigns a technical rating of 1 / 10 to PPCB.
The current trend direction for PROPANC BIOPHARMA INC (PPCB) is Bullish.
PROPANC BIOPHARMA INC (PPCB) has an RSI value of 26.4062. This indicates that the stock is currently oversold.
The MACD indicator for PROPANC BIOPHARMA INC (PPCB) has a value of -0.0418738, indicating a bearish trend.
The buy/sell signal for PROPANC BIOPHARMA INC (PPCB) is hold as the short term and long term trends are mixed.