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PREDATOR OIL & GAS HOLDINGS (PRD.L) Stock Technical Analysis

LON:PRD - London Exchange - JE00BFZ1D698 - Common Stock - Currency: GBX

5.95  +0.2 (+3.48%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to PRD. Although PRD is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

83% of all other stocks performed better in the past year than PRD.
PRD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long and short term trends are both positive. This is looking good!
In the last month PRD has a been trading in the 3.38 - 6.85 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
PREDATOR OIL & GAS HOLDINGS / PRD Weekly stock chart
PREDATOR OIL & GAS HOLDINGS / PRD Daily stock chart
Setup Rating and Analysis

3

Although PRD has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

3.58

6.63

We found 2 important support areas.

  • A support zone ranging from 5.71 to 5.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @3.62 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 6.53 to 6.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for PRD.L is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for PRD.L is up.
ChartMill Relative Strength17NEGATIVEPRD.L has a low relative strength, it was outperformed by 83% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of PRD.L is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of PRD.L is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of PRD.L is above a declining SMA(200).
Relative Strength Index/RSI (14)67NEUTRALThe RSI value for PRD.L is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.07POSITIVEThe MACD value suggests PRD.L has a positive trend, although the MACD value is declining.
Stochastics (14,3)61.49NEUTRALThe Stochastics value for PRD.L is a neutral value.
Average True Range in percent/ATR (20)9.68HIGH VOLATILITYThe high ATR as a percentage value for PRD.L suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)
PREDATOR OIL & GAS HOLDINGS / PRD Daily stock chart

PREDATOR OIL & GAS HOLDINGS

LON:PRD (12/27/2019, 7:00:00 PM)

5.95

+0.2 (+3.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.48%
1 Week0.85%
2 Weeks27.96%
1 Month76.3%
3 Month20.2%
6 Month14.42%
12 Month-25.62%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%9.68%
ATR Inc-53.24%
Range Today0.4
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
CRS17
Mansfield-1.57
10 Day High6.85
10 Day Low4.53
20 Day High6.85
20 Day Low3.38
52 Week High12.7
52 Week Low3.36
CS1 End5.74
CR1 Start6.53
Volume & EV
DER(3)0%
DER(5)0%
Volume295.09K
Volume Incr-33.45%
Vol(5)401.48K
Vol(50)403.63K