PROTO LABS INC (PRLB) Stock Technical Analysis
USA - NYSE:PRLB - US7437131094 - Common Stock
Overall PRLB gets a technical rating of 5 out of 10. In the last year, PRLB was one of the better performers, but we do observe some doubts in the very recent evolution.
PRLB has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 48.22, a Stop Loss order could be placed below this zone.
More info and screens
38.12
We found 2 important support areas.
- A support zone ranging from 47.09 to 48.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @38.50 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 48.96 to 49.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 54.65 to 55.28. 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 | 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 | 79.65 | POSITIVE | PRLB has a high relative strength, it outperformed 79.65% 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) | DOWN | NEGATIVE | The current price of PRLB is below a declining 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) | 43.09 | NEUTRAL | The RSI value for PRLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests PRLB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.65 | NEUTRAL | The Stochastics value for PRLB is a neutral value. |
| Average True Range in percent/ATR (20) | 4.95 | MEDIUM VOLATILITY | The ATR as a percentage value for PRLB suggests some volalility. |
| Average Directional Index/ADX (14) | 29.81 | POSITIVE | The high ADX value value for PRLB suggests a strong trend. |
48.5
-0.6 (-1.22%)
PROTO LABS INC / PRLB FAQ
Can you provide the ChartMill technical rating for PROTO LABS INC?
ChartMill assigns a technical rating of 5 / 10 to PRLB.
What is the trend direction for PRLB stock?
The current trend direction for PROTO LABS INC (PRLB) is Bullish.
What is the RSI signal for PROTO LABS INC (PRLB) stock?
PROTO LABS INC (PRLB) has an RSI value of 43.0901. This indicates that the stock is currently neutral.
What is the MACD signal for PRLB stock?
The MACD indicator for PROTO LABS INC (PRLB) has a value of -0.402415, indicating a bearish trend.
Can you provide the support and resistance levels for PROTO LABS INC?
PROTO LABS INC (PRLB) has a support level at 48.22 and a resistance level at 48.96. Check the full technical report for our detailed analysis of PRLB support and resistance levels.