
USA - NASDAQ:PRENW -
Overall PRENW gets a technical rating of 2 out of 10. Although PRENW is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, PRENW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.02, a Stop Loss order could be placed below this zone.
0.02
When analyzing the resistance we notice 3 important 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 | NEUTRAL | NEUTRAL | The long term trend for PRENW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PRENW is down. |
| ChartMill Relative Strength | 85.8 | POSITIVE | PRENW has a high relative strength, it outperformed 85.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRENW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PRENW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PRENW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.54 | NEUTRAL | The RSI value for PRENW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PRENW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.08 | NEUTRAL | The Stochastics value for PRENW is a neutral value. |
| Average True Range in percent/ATR (20) | 35.3 | HIGH VOLATILITY | The high ATR as a percentage value for PRENW suggests high volalility. |
| Average Directional Index/ADX (14) | 20.65 | NEUTRAL | The ADX value for PRENW suggests a possible start of a new trend. |
NASDAQ:PRENW (11/6/2025, 12:54:15 PM)
0.0193
0 (-11.47%)
ChartMill assigns a technical rating of 2 / 10 to PRENW.
The current trend direction for PRENETICS GLOBAL LTD -CW26 (PRENW) is Bearish.
PRENETICS GLOBAL LTD -CW26 (PRENW) has an RSI value of 44.5382. This indicates that the stock is currently neutral.
The MACD indicator for PRENETICS GLOBAL LTD -CW26 (PRENW) has a value of -0.000907686, indicating a bearish trend.
PRENETICS GLOBAL LTD -CW26 (PRENW) has a support level at 0.02 and a resistance level at 0.03. Check the full technical report for our detailed analysis of PRENW support and resistance levels.