PROCEPT BIOROBOTICS CORP (PRCT) Stock Technical Analysis
USA - NASDAQ:PRCT - US74276L1052 - Common Stock
Taking everything into account, PRCT scores 0 out of 10 in our technical rating. PRCT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of PRCT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
29.39
3 important resistance areas can be observed.
- A resistance zone ranging from 31.75 to 31.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @32.53 from a trend line in the daily time frame.
- Resistance @35.77 from a trend line in the daily time frame.
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 PRCT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PRCT is down. |
| ChartMill Relative Strength | 4.57 | NEGATIVE | PRCT has a low relative strength, it was outperformed by 95.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRCT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PRCT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PRCT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.79 | NEUTRAL | The RSI value for PRCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests PRCT has a negative trend. |
| Stochastics (14,3) | 8.06 | OVERSOLD | The low Stochastics value suggests PRCT may be oversold. |
| Average True Range in percent/ATR (20) | 5.63 | HIGH VOLATILITY | The high ATR as a percentage value for PRCT suggests high volalility. |
| Average Directional Index/ADX (14) | 21.32 | NEUTRAL | The ADX value for PRCT suggests a possible start of a new trend. |
29.69
-0.73 (-2.4%)
PROCEPT BIOROBOTICS CORP / PRCT FAQ
What is the technical rating for PRCT stock?
ChartMill assigns a technical rating of 0 / 10 to PRCT.
What is the current trend direction of PROCEPT BIOROBOTICS CORP (PRCT) stock?
The current trend direction for PROCEPT BIOROBOTICS CORP (PRCT) is Bearish.
What is the RSI signal for PRCT stock?
PROCEPT BIOROBOTICS CORP (PRCT) has an RSI value of 31.7855. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PROCEPT BIOROBOTICS CORP?
The MACD indicator for PROCEPT BIOROBOTICS CORP (PRCT) has a value of -0.321063, indicating a bearish trend.
What are the support and resistance levels for PROCEPT BIOROBOTICS CORP (PRCT) stock?
PROCEPT BIOROBOTICS CORP (PRCT) has a resistance level at 31.75. Check the full technical report for our detailed analysis of PRCT support and resistance levels.