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PRENETICS GLOBAL LTD-CL A (PRE) Stock Technical Analysis

NASDAQ:PRE - Nasdaq - KYG722451229 - Common Stock - Currency: USD

8.01  -0.09 (-1.11%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to PRE. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
PRE is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 92% of 103 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that PRE is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
PRE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PRE is lagging the market.
In the last month PRE has a been trading in the 7.58 - 8.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
PRENETICS GLOBAL LTD-CL A / PRE Weekly stock chart
PRENETICS GLOBAL LTD-CL A / PRE Daily stock chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, PRE also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Another positive sign is the recent Pocket Pivot signal.

  • 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.
Support and Resistance Analysis

6.93

8.73

When analyzing the support we can see 2 important areas.

  • Support @7.88 from a horizontal line in the weekly time frame.
  • Support @7.00 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 8.07 to 8.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 8.29 to 8.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @8.64 from a horizontal line 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 PRE is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for PRE is neutral.
ChartMill Relative Strength91.71POSITIVEPRE has a high relative strength, it outperformed 91.71% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of PRE is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of PRE is below the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of PRE is above the rising SMA(200).
Relative Strength Index/RSI (14)49.05NEUTRALThe RSI value for PRE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.03NEGATIVEThe MACD value suggests PRE has a negative trend.
Stochastics (14,3)36.01NEUTRALThe Stochastics value for PRE is a neutral value.
Average True Range in percent/ATR (20)5.68HIGH VOLATILITYThe high ATR as a percentage value for PRE suggests high volalility.
Average Directional Index/ADX (14)14.61NEGATIVEThe low ADX value for PRE suggests a weak or negative trend.
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)
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.

ENTRYEXITDISTANCECAPITAL
8.157.870.28 (3.44%)25.00%
An entry @8.15. This is a Buy Stop order right above the resistance zone.An exit @7.87. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.28 points, which is 3.44%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.86%.

  • The distance between exit and entry is rather small compared to the average daily movement of PRE. 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.
PRENETICS GLOBAL LTD-CL A / PRE Daily stock chart

PRENETICS GLOBAL LTD-CL A

NASDAQ:PRE (7/29/2025, 8:12:38 PM)

8.01

-0.09 (-1.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-1.11%
1 Week-1.35%
2 Weeks-2.91%
1 Month-5.93%
3 Month50.71%
6 Month52.57%
12 Month48.33%
2 Year-25.43%
3 Year-86.65%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%5.68%
ATR Inc-41.85%
Range Today0.34
ADR(20)0.44
ADR(20)%5.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.71
Mansfield3.1
10 Day High8.8
10 Day Low7.64
20 Day High8.8
20 Day Low7.58
52 Week High11.99
52 Week Low3.09
CS1 End7.88
CR1 Start8.07
Volume & EV
DER(3)-1.63%
DER(5)-3.68%
Volume33.70K
Volume Incr29.88%
Vol(5)67.38K
Vol(50)64.91K