PRENETICS GLOBAL LTD-CL A (PRE)       1.4701  -0.04 (-2.64%)

1.4701  -0.04 (-2.64%)

KYG722451062 - Common Stock - After market: 1.46 -0.01 (-0.69%)

Technical Rating

0

Taking everything into account, PRE scores 0 out of 10 in our technical rating. PRE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.



PRE has an average volume of 1067180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, PRE is a bad performer in the overall market: 100% of all stocks are doing better.
PRE is one of the lesser performing stocks in the Biotechnology industry. 100% of 641 stocks in the same industry do better.
PRE is currently trading near the lower end of its 52 week range, which is not a good sign. PRE is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month PRE has a been trading in the 1.45 - 3.07 range, which is quite wide. It is currently trading near the lows of this range.

Statistics

1 Month 3 Months 6 Months 12 Months -22.63% -52.88% -63.16% 0.00% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 0 1.24 - 7.43
PRE Weekly chart
PRE Daily chart

Support/Resistance Analysis


1.46

2.13
When analyzing the resistance we notice 3 important areas.
  • A resistance zone ranging from 1.65 to 1.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 1.84 to 1.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @2.11 from a trend line in the daily time frame.

Setup Analysis

Setup Rating

3

The technical rating of PRE 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.


PRE Daily chart

PRENETICS GLOBAL LTD-CL A1.4701

NASDAQ:PRE (2/3/2023, 7:02:45 PM)-0.04 (-2.64%)

After market: 1.46 -0.01 (-0.69%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Health Care
GICS Industry Biotechnology

Performance
Today -2.64% 1 Week -4.54%
2 Weeks -5.15% 1 Month -22.63%
3 Month -52.88% 6 Month -63.16%

Volatility
ATR(14) 0.11 ATR(20)% 12.6%
ATR Inc -57.51% Range Today 0.07

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS N/A Mansfield -30
10 Day High 1.65 10 Day Low 1.45
20 Day High 3.07 20 Day Low 1.45
52 Week High 7.43 52 Week Low 1.24
CS1 End N/A CR1 Start 1.65

Volume & EV
DER(3) -7.98% DER(5) -8.41%
Volume 138.10K Volume Incr -94.14%
Vol(5) 145.46K Vol(50) 1.07M

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