Overall PRENW gets a technical rating of 3 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.
- PRENW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month PRENW has a been trading in the 0.02 - 0.03 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.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that PRENW is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, PRENW does present a nice setup opportunity. Prices have been consolidating lately. 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.
More info and screens
0.01
When analyzing the support we can see 2 important areas.
- Support @0.02 from a horizontal line in the daily time frame.
- A support zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines in the weekly 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 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 | NEUTRAL | NEUTRAL | The long term trend for PRENW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PRENW is neutral. |
| ChartMill Relative Strength | 89.02 | POSITIVE | PRENW has a high relative strength, it outperformed 89.02% 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) | 39.69 | 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. |
| Stochastics (14,3) | 39.67 | NEUTRAL | The Stochastics value for PRENW is a neutral value. |
| Average True Range in percent/ATR (20) | 21.04 | HIGH VOLATILITY | The high ATR as a percentage value for PRENW suggests high volalility. |
| Average Directional Index/ADX (14) | 23.92 | NEUTRAL | The ADX value for PRENW suggests a possible start of a new trend. |
NASDAQ:PRENW (2/5/2026, 8:00:01 PM)
0.0211
+0 (+0.48%)
PRENETICS GLOBAL LTD -CW26 / PRENW FAQ
Can you provide the ChartMill technical rating for PRENETICS GLOBAL LTD -CW26?
ChartMill assigns a technical rating of 3 / 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 39.6889. 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 -0.000618295, indicating a bearish trend.
What is the support and resistance level for PRENW stock?
PRENETICS GLOBAL LTD -CW26 (PRENW) has a support level at 0.02 and a resistance level at 0.03. Check the full technical report for our detailed analysis of PRENW support and resistance levels.