PAINREFORM LTD (PRFX) Stock Technical Analysis
NASDAQ:PRFX - IL0011651580 - Common Stock
1.74 USD
+0.05 (+2.96%)
1.71 USD
-0.03 (-1.72%)
Taking everything into account, PRFX scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. PRFX was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, PRFX is a bad performer in the overall market: 96% of all stocks are doing better.
PRFX is one of the lesser performing stocks in the Pharmaceuticals industry. 80% of 193 stocks in the same industry do better.
PRFX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month PRFX has a been trading in the 1.25 - 3.59 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
PRFX has an average volume of 3621400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
PRFX has a poor technical rating and the quality of the setup is also only medium 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
1.28
2.46
We found 2 important support areas.
- A support zone ranging from 1.62 to 1.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.29 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @2.16 from a trend line in the daily time frame.
- Resistance @2.33 from a trend line in the daily time frame.
- Resistance @2.44 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for PRFX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRFX is up. |
| ChartMill Relative Strength | 4.57 | NEGATIVE | PRFX has a low relative strength, it was outperformed by 95.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRFX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PRFX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PRFX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.59 | NEUTRAL | The RSI value for PRFX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PRFX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 18.66 | OVERSOLD | The low Stochastics value suggests PRFX may be oversold. |
| Average True Range in percent/ATR (20) | 14.12 | HIGH VOLATILITY | The high ATR as a percentage value for PRFX suggests high volalility. |
| Average Directional Index/ADX (14) | 30.59 | POSITIVE | The high ADX value value for PRFX suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.74
+0.05 (+2.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.96%
1 Week29.85%
2 Weeks26.09%
1 Month17.57%
3 Month-9.84%
6 Month-44.76%
12 Month-67.49%
2 Year-98.48%
3 Year-98.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%14.12%
ATR Inc-12.55%
Range Today0.22
ADR(20)0.18
ADR(20)%10.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.57
Mansfield-3.68
10 Day High3.59
10 Day Low1.32
20 Day High3.59
20 Day Low1.25
52 Week High16.63
52 Week Low1.25
CS1 End1.63
CR1 Start2.16
Volume & EV
DER(3)3.53%
DER(5)1.03%
Volume570.80K
Volume Incr39143.2%
Vol(5)34.27M
Vol(50)3.62M