PRENETICS GLOBAL LTD-CL A (PRE) Stock Technical Analysis
NASDAQ:PRE • KYG722451229
Taking everything into account, PRE scores 9 out of 10 in our technical rating. 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.
- In the last month PRE has a been trading in the 17.00 - 22.86 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, PRE did better than 97% of all other stocks. On top of that, PRE also shows a nice and consistent pattern of rising prices.
- PRE is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry. PRE outperforms 100% of them.
- 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.
Although PRE has an excellent technical rating, it does not offer a high 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
12.12
When analyzing the support we can see 2 important areas.
- Support @15.68 from a trend line in the daily time frame.
- Support @12.24 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @16.63 from a trend line in the daily time frame.
- A resistance zone ranging from 17.04 to 17.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for PRE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PRE is neutral. |
| ChartMill Relative Strength | 97.7 | POSITIVE | PRE has a high relative strength, it outperformed 97.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PRE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.25 | NEUTRAL | The RSI value for PRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests PRE has a negative trend. |
| Stochastics (14,3) | 30.77 | NEUTRAL | The Stochastics value for PRE is a neutral value. |
| Average True Range in percent/ATR (20) | 10.78 | HIGH VOLATILITY | The high ATR as a percentage value for PRE suggests high volalility. |
| Average Directional Index/ADX (14) | 20.48 | NEUTRAL | The ADX value for PRE suggests a possible start of a new trend. |
NASDAQ:PRE (2/23/2026, 9:32:21 AM)
16.24
-0.81 (-4.75%)
PRENETICS GLOBAL LTD-CL A / PRE FAQ
What is the ChartMill technical rating of PRENETICS GLOBAL LTD-CL A (PRE) stock?
ChartMill assigns a technical rating of 9 / 10 to PRE.
What is the trend direction for PRE stock?
The current trend direction for PRENETICS GLOBAL LTD-CL A (PRE) is Bullish.
Can you provide the RSI signal for PRENETICS GLOBAL LTD-CL A?
PRENETICS GLOBAL LTD-CL A (PRE) has an RSI value of 41.2476. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for PRENETICS GLOBAL LTD-CL A?
PRENETICS GLOBAL LTD-CL A (PRE) has a support level at 16.63 and a resistance level at 17.06. Check the full technical report for our detailed analysis of PRE support and resistance levels.