Pra Health (PRAH) Technical Analysis
NASDAQ:PRAH
Current stock price
PRAH Technical Rating and Analysis
Taking everything into account, PRAH scores 7 out of 10 in our technical rating. In the last year, PRAH was one of the better performers, but we do observe some doubts in the very recent evolution.
- 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.
- Looking at the yearly performance, PRAH did better than 77% of all other stocks. We also observe that the gains produced by PRAH over the past year are nicely spread over this period.
- PRAH is part of the Life Sciences Tools & Services industry. There are 57 other stocks in this industry. PRAH outperforms 83% of them.
- 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.
PRAH Weekly and Daily overview Charts
PRAH Setup Rating and Analysis
PRAH has an excellent technical rating and 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
PRAH Support and Resistance Analysis
139.91
When analyzing the support we can see 5 important areas.
- 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.
2 important resistance areas can be observed.
- 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.
PRAH Technical Indicator Signal Analysis
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. |
PRAH Chart- and CandleStick Pattern Analysis
PRAH Example Setup
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 worst case loss on the trade is limited to 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.
PRAH Technicals: Chart, Performance Metrics, Trend & Indicators
165.21
-2.8 (-1.67%)
Pra Health / PRAH TA FAQ
Can you provide the ChartMill technical rating for Pra Health?
ChartMill assigns a technical rating of 7 / 10 to PRAH.
What is the trend direction for PRAH stock?
The current trend direction for Pra Health (PRAH) is Bullish.
What is the RSI signal for Pra Health (PRAH) stock?
Pra Health (PRAH) has an RSI value of 38.7798. This indicates that the stock is currently neutral.
What is the MACD signal for Pra Health (PRAH) stock?
The MACD indicator for Pra Health (PRAH) has a value of -0.284627, indicating a bearish trend.
Can you provide the support and resistance levels for Pra Health?
Pra Health (PRAH) has a support level at 165.2 and a resistance level at 165.66. Check the full technical report for our detailed analysis of PRAH support and resistance levels.