Overall PRENW gets a technical rating of 5 out of 10. Although PRENW has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Although the technical rating is only medium, PRENW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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 0.03, a Stop Loss order could be placed below this zone.
More info and screens
0.02
2 important support areas can be observed.
- A support zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for PRENW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRENW is up. |
| ChartMill Relative Strength | 97.4 | POSITIVE | PRENW has a high relative strength, it outperformed 97.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRENW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PRENW is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRENW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.92 | NEUTRAL | The RSI value for PRENW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PRENW has a positive trend. |
| Stochastics (14,3) | 99.62 | OVERBOUGHT | The high Stochastics value suggests PRENW may be overbought. |
| Average True Range in percent/ATR (20) | 14.78 | HIGH VOLATILITY | The high ATR as a percentage value for PRENW suggests high volalility. |
| Average Directional Index/ADX (14) | 21.84 | NEUTRAL | The ADX value for PRENW suggests a possible start of a new trend. |
NASDAQ:PRENW (1/2/2026, 4:30:01 PM)
0.0297
0 (-0.34%)
PRENETICS GLOBAL LTD -CW26 / PRENW FAQ
Can you provide the ChartMill technical rating for PRENETICS GLOBAL LTD -CW26?
ChartMill assigns a technical rating of 5 / 10 to PRENW.
What is the current trend direction of PRENETICS GLOBAL LTD -CW26 (PRENW) stock?
The current trend direction for PRENETICS GLOBAL LTD -CW26 (PRENW) is Bearish.
Can you provide the RSI signal for PRENETICS GLOBAL LTD -CW26?
PRENETICS GLOBAL LTD -CW26 (PRENW) has an RSI value of 55.9222. This indicates that the stock is currently neutral.
What is the MACD signal for PRENETICS GLOBAL LTD -CW26 (PRENW) stock?
The MACD indicator for PRENETICS GLOBAL LTD -CW26 (PRENW) has a value of 0.000847601, indicating a bearish trend.
What is the support and resistance level for PRENW stock?
PRENETICS GLOBAL LTD -CW26 (PRENW) has a support level at 0.03 and a resistance level at 0.03. Check the full technical report for our detailed analysis of PRENW support and resistance levels.