Perceptron Inc (PRCP) Technical Analysis
NASDAQ:PRCP
Current stock price
PRCP Technical Rating and Analysis
Overall PRCP gets a technical rating of 9 out of 10. Both in the recent history as in the last year, PRCP has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- PRCP is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PRCP is leading the market.
- Looking at the yearly performance, PRCP did better than 86% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month PRCP has a been trading in a tight range between 6.94 and 7.00.
- Considerably lower volume is observed in the last couple of days.
PRCP Weekly and Daily overview Charts
PRCP Setup Rating and Analysis
PRCP 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 a resistance zone just above the current price starting at 7.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.97, 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
PRCP Support and Resistance Analysis
4.89
2 important support areas can be observed.
- A support zone ranging from 6.88 to 6.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.94 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 7.00 to 7.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
PRCP 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 PRCP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRCP is up. |
| ChartMill Relative Strength | 86.61 | POSITIVE | PRCP has a high relative strength, it outperformed 86.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRCP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PRCP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRCP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.36 | NEUTRAL | The RSI value for PRCP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PRCP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.83 | NEUTRAL | The Stochastics value for PRCP is a neutral value. |
| Average True Range in percent/ATR (20) | 0.38 | LOW VOLATILITY | The low ATR as a percentage value for PRCP suggests low volalility. |
PRCP Chart- and CandleStick Pattern Analysis
PRCP 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 |
|---|---|---|---|
| 7.01 | 6.95 | 0.06 (0.86%) | 25.00% |
| An entry @7.01. This is a Buy Stop order right above the resistance zone. | An exit @6.95. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.06 points, which is 0.86%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.21%. |
- 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.
PRCP Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:PRCP (12/18/2020, 8:08:39 PM)
6.975
+0 (+0.07%)
Perceptron Inc / PRCP TA FAQ
What is the technical rating for PRCP stock?
ChartMill assigns a technical rating of 8 / 10 to PRCP.
What is the trend direction for PRCP stock?
The current trend direction for Perceptron Inc (PRCP) is Bullish.
Can you provide the RSI signal for Perceptron Inc?
Perceptron Inc (PRCP) has an RSI value of 64.3574. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Perceptron Inc?
The short term momentum for Perceptron Inc (PRCP) is positive.
What is the buy/sell signal for Perceptron Inc (PRCP) stock?
The buy/sell signal for Perceptron Inc (PRCP) is buy as both the short term and long term trends are positive.