PROTO LABS INC (PRLB) Technical Analysis
NYSE:PRLB • US7437131094
Current stock price
57.77 USD
-0.36 (-0.62%)
At close:
57.77 USD
0 (0%)
After Hours:
PRLB Technical Rating and Analysis
Overall PRLB gets a technical rating of 8 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.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, PRLB did better than 88% of all other stocks. We also observe that the gains produced by PRLB over the past year are nicely spread over this period.
- PRLB is part of the Machinery industry. There are 131 other stocks in this industry. PRLB outperforms 85% of them.
- In the last month PRLB has a been trading in the 53.53 - 60.39 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- 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
PRLB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
PRLB Support and Resistance Analysis
47.22
60.43
When analyzing the support we can see 5 important areas.
- A support zone ranging from 57.05 to 57.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 55.22 to 55.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 54.34 to 54.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @52.12 from a horizontal line in the daily time frame.
- Support @47.70 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 57.78 to 58.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 59.06 to 59.83. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for PRLB is neutral. |
| ChartMill Relative Strength | 88.7 | POSITIVE | PRLB has a high relative strength, it outperformed 88.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PRLB is above 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) | 48.91 | NEUTRAL | The RSI value for PRLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests PRLB has a positive trend. |
| Stochastics (14,3) | 57.62 | NEUTRAL | The Stochastics value for PRLB is a neutral value. |
| Average True Range in percent/ATR (20) | 4.26 | MEDIUM VOLATILITY | The ATR as a percentage value for PRLB suggests some volalility. |
| Average Directional Index/ADX (14) | 20.79 | NEUTRAL | The ADX value for PRLB suggests a possible start of a new 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 |
|---|---|---|---|
| 58.12 | 57.04 | 1.08 (1.86%) | 25.00% |
| An entry @58.12. This is a Buy Stop order right above the resistance zone. | An exit @57.04. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.08 points, which is 1.86%. | For a 0.46% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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
57.77
-0.36 (-0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.62%
1 Week-0.59%
2 Weeks1.98%
1 Month-5.47%
3 Month12.5%
6 Month16.35%
12 Month82.59%
2 Year89.53%
3 Year100.8%
5 Year-48.45%
10 Year-3.44%
15 YearN/A
Volatility
ATR(14)2.19
ATR(20)%4.26%
ATR Inc19.16%
Range Today3.32
ADR(20)2.2
ADR(20)%3.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.7
3 months CRS86.5
6 months CRS85.39
Mansfield1.76
10 Day High60.39
10 Day Low54.87
20 Day High60.39
20 Day Low53.53
52 Week High68.91
52 Week Low29.59
CS1 End57.57
CR1 Start57.78
Volume & EV
DER(3)-1.35%
DER(5)-0.32%
Volume171.10K
Volume Incr-12.88%
Vol(5)147.14K
Vol(50)195.26K
PROTO LABS INC / PRLB TA FAQ
Can you provide the ChartMill technical rating for PROTO LABS INC?
ChartMill assigns a technical rating of 8 / 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.
Can you provide the RSI signal for PROTO LABS INC?
PROTO LABS INC (PRLB) has an RSI value of 48.9132. 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 0.104755, indicating a bearish trend.
What are the support and resistance levels for PROTO LABS INC (PRLB) stock?
PROTO LABS INC (PRLB) has a support level at 57.57 and a resistance level at 57.78. Check the full technical report for our detailed analysis of PRLB support and resistance levels.