Pra Health (PRAH) Stock Technical Analysis
NASDAQ:PRAH - Nasdaq -
Overall PRAH gets a technical rating of 7 out of 10. 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that PRAH is one of the better performing stocks in the market, outperforming 77% of all stocks. On top of that, PRAH also shows a nice and consistent pattern of rising prices.
PRAH is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 81% of 55 stocks in the same industry.
PRAH is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PRAH is performing more or less in line with the market.
In the last month PRAH has a been trading in a tight range between 164.28 and 171.07.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, PRAH also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 165.20, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
139.91
176.28
5 important support areas can be observed.
- A support zone ranging from 164.50 to 165.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @157.17 from a trend line in the daily time frame.
- Support @149.04 from a trend line in the weekly time frame.
- Support @144.72 from a trend line in the daily time frame.
- Support @141.32 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 165.66 to 169.52. 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 174.06 to 174.53. 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 | UP | POSITIVE | The long term trend for PRAH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PRAH is neutral. |
| ChartMill Relative Strength | 77.96 | POSITIVE | PRAH has a high relative strength, it outperformed 77.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRAH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PRAH is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRAH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.78 | NEUTRAL | The RSI value for PRAH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests PRAH has a negative trend. |
| Stochastics (14,3) | 38.89 | NEUTRAL | The Stochastics value for PRAH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for PRAH suggests low volalility. |
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 |
|---|---|---|---|
| 167.72 | 164.49 | 3.22 (1.92%) | 25.00% |
| An entry @167.72. This is a Buy Stop order right above the 10 day moving average. | An exit @164.49. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.22 points, which is 1.92%. | For a 0.48% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PRAH. Please evaluate whether better entry and exit points can be found.
- 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.
165.21
-2.8 (-1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-1.67%
1 Week-0.81%
2 Weeks-0.74%
1 Month-2.76%
3 Month5.8%
6 Month31.7%
12 Month73.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.34
ATR(20)%1.3%
ATR Inc37.01%
Range Today4.48
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.96
Mansfield1.18
10 Day High170.82
10 Day Low164.28
20 Day High171.07
20 Day Low164.28
52 Week High175.95
52 Week Low93
CS1 End165.2
CR1 Start165.66
Volume & EV
DER(3)-2.2%
DER(5)-1.49%
Volume13.41M
Volume Incr349.42%
Vol(5)3.59M
Vol(50)971.45K