PROTO LABS INC (PRLB) Stock Technical Analysis
NYSE:PRLB - New York Stock Exchange, Inc. - US7437131094 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to PRLB. Both in the recent history as in the last year, PRLB has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that PRLB is one of the better performing stocks in the market, outperforming 89% 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 86% of 128 stocks in the same industry.
A new 52 week high is currently being made by PRLB, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month PRLB has a been trading in the 38.48 - 48.00 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although PRLB has an excellent technical rating, it does not offer a high quality setup 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
29.12
47.09
5 important support areas can be observed.
- A support zone ranging from 41.25 to 41.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 39.89 to 40.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.50 from a trend line in the weekly time frame.
- Support @34.46 from a trend line in the daily time frame.
- Support @29.41 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for PRLB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRLB is up. |
| ChartMill Relative Strength | 89.65 | POSITIVE | PRLB has a high relative strength, it outperformed 89.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRLB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PRLB is above 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) | 76.63 | OVERBOUGHT | The high RSI value suggests PRLB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.68 | POSITIVE | The MACD value suggests PRLB has a positive trend. |
| Stochastics (14,3) | 93.24 | OVERBOUGHT | The high Stochastics value suggests PRLB may be overbought. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for PRLB suggests some volalility. |
| Average Directional Index/ADX (14) | 27.01 | POSITIVE | The high ADX value value for PRLB 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)
46.62
+0.33 (+0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.71%
1 Week7.94%
2 Weeks19.2%
1 Month16.14%
3 Month15.08%
6 Month12.07%
12 Month64.62%
2 Year58.03%
3 Year21.41%
5 Year-68.29%
10 Year-35.99%
15 YearN/A
Volatility
ATR(14)1.46
ATR(20)%2.79%
ATR Inc15.85%
Range Today1.52
ADR(20)1.17
ADR(20)%2.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.65
Mansfield1.57
10 Day High48
10 Day Low38.62
20 Day High48
20 Day Low38.48
52 Week High48
52 Week Low26.35
CS1 End41.5
CR1 StartN/A
Volume & EV
DER(3)1%
DER(5)0.58%
Volume235.30K
Volume Incr21.35%
Vol(5)230.32K
Vol(50)204.42K