PROTO LABS INC (PRLB) Technical Analysis
NYSE:PRLB • US7437131094
Current stock price
55.75 USD
-0.9 (-1.59%)
At close:
55.75 USD
0 (0%)
After Hours:
PRLB Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to PRLB. 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 PRLB has a been trading in the 53.53 - 65.17 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that PRLB is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by PRLB over the past year are nicely spread over this period.
- PRLB is one of the better performing stocks in the Machinery industry, it outperforms 83% of 131 stocks in the same industry.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- PRLB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PRLB is lagging the market slightly.
PRLB Weekly and Daily overview Charts
PRLB Setup Rating and Analysis
Besides having an excellent technical rating, PRLB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 54.59, a Stop Loss order could be placed below this zone.
More info and screens
PRLB Support and Resistance Analysis
47.22
63.77
3 important support areas can be observed.
- A support zone ranging from 54.34 to 54.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @52.12 from a horizontal line in the daily time frame.
- A support zone ranging from 47.70 to 48.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 55.76 to 57.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 58.47 to 59.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @63.14 from a horizontal line in the daily time frame.
PRLB Technical Indicator Signal Analysis
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 PRLB is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PRLB is down. |
| ChartMill Relative Strength | 88.61 | POSITIVE | PRLB has a high relative strength, it outperformed 88.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRLB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PRLB is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRLB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.28 | NEUTRAL | The RSI value for PRLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests PRLB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.75 | NEUTRAL | The Stochastics value for PRLB is a neutral value. |
| Average True Range in percent/ATR (20) | 4.42 | MEDIUM VOLATILITY | The ATR as a percentage value for PRLB suggests some volalility. |
| Average Directional Index/ADX (14) | 27.24 | POSITIVE | The high ADX value value for PRLB suggests a strong trend. |
PRLB Chart- and CandleStick Pattern Analysis
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)
PRLB Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 57.28 | 54.33 | 2.95 (5.15%) | 19.42% |
| An entry @57.28. This is a Buy Stop order right above the resistance zone. | An exit @54.33. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.95 points, which is 5.15%. | When investing 19.42% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of PRLB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PRLB Technicals: Chart, Performance Metrics, Trend & Indicators
55.75
-0.9 (-1.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.59%
1 Week2.58%
2 Weeks-2.77%
1 Month-14.72%
3 Month6.96%
6 Month10.29%
12 Month53.67%
2 Year55.94%
3 Year68.18%
5 Year-54.21%
10 Year-27.68%
15 YearN/A
Volatility
ATR(14)2.64
ATR(20)%4.42%
ATR Inc-18.63%
Range Today2.36
ADR(20)2.31
ADR(20)%4.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.61
3 months CRS84.82
6 months CRS82.98
Mansfield1.63
10 Day High59.43
10 Day Low53.53
20 Day High65.17
20 Day Low53.53
52 Week High68.91
52 Week Low29.59
CS1 End54.59
CR1 Start55.76
Volume & EV
DER(3)-2.1%
DER(5)-1.45%
Volume295.30K
Volume Incr4.06%
Vol(5)182.58K
Vol(50)193.91K
PROTO LABS INC / PRLB TA FAQ
Can you provide the ChartMill technical rating for PROTO LABS INC?
ChartMill assigns a technical rating of 7 / 10 to PRLB.
What is the current trend direction of PROTO LABS INC (PRLB) stock?
The current trend direction for PROTO LABS INC (PRLB) is Bullish.
What is the RSI signal for PRLB stock?
PROTO LABS INC (PRLB) has an RSI value of 40.2765. This indicates that the stock is currently neutral.
What is the MACD signal for PROTO LABS INC (PRLB) stock?
The MACD indicator for PROTO LABS INC (PRLB) has a value of -0.559083, indicating a bearish trend.
What is the short term momentum for PRLB stock?
The short term momentum for PROTO LABS INC (PRLB) is negative.