NASDAQ:PRCT • US74276L1052
Overall PRCT gets a technical rating of 0 out of 10. 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.
Although the technical rating is bad, PRCT does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
26.86
We can see 4 important resistance areas.
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 | NEUTRAL | NEUTRAL | The short term trend for PRCT is neutral. |
| ChartMill Relative Strength | 7.74 | NEGATIVE | PRCT has a low relative strength, it was outperformed by 92.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PRCT is above 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) | 47.35 | NEUTRAL | The RSI value for PRCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests PRCT has a positive trend. |
| Stochastics (14,3) | 73.29 | NEUTRAL | The Stochastics value for PRCT is a neutral value. |
| Average True Range in percent/ATR (20) | 8.64 | HIGH VOLATILITY | The high ATR as a percentage value for PRCT suggests high volalility. |
| Average Directional Index/ADX (14) | 27.06 | POSITIVE | The high ADX value value for PRCT suggests a strong trend. |
27.13
+1.01 (+3.87%)
ChartMill assigns a technical rating of 0 / 10 to PRCT.
The current trend direction for PROCEPT BIOROBOTICS CORP (PRCT) is Bearish.
PROCEPT BIOROBOTICS CORP (PRCT) has an RSI value of 47.3522. This indicates that the stock is currently neutral.
The short term momentum for PROCEPT BIOROBOTICS CORP (PRCT) is neutral.
PROCEPT BIOROBOTICS CORP (PRCT) has a resistance level at 27.8. Check the full technical report for our detailed analysis of PRCT support and resistance levels.