PROTO LABS INC (PRLB) Stock Technical Analysis
NYSE:PRLB - New York Stock Exchange, Inc. - US7437131094 - Common Stock - Currency: USD
Taking everything into account, PRLB scores 7 out of 10 in our technical rating. PRLB has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
PRLB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PRLB is lagging the market slightly.
In the last month PRLB has a been trading in the 37.40 - 41.63 range, which is quite wide. It is currently trading near the high 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 78% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
PRLB is part of the Machinery industry. There are 127 other stocks in this industry, PRLB did better than 61% of them.
Besides having an excellent technical rating, PRLB also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
28.86
44.63
When analyzing the support we can see 5 important areas.
- A support zone ranging from 38.76 to 39.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 36.52 to 36.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.64 from a trend line in the weekly time frame.
- Support @33.66 from a trend line in the daily time frame.
- Support @29.15 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 40.15 to 40.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @44.19 from a horizontal 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 | 78.25 | POSITIVE | PRLB has a high relative strength, it outperformed 78.25% 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) | 53.59 | NEUTRAL | The RSI value for PRLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PRLB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.02 | OVERBOUGHT | The high Stochastics value suggests PRLB may be overbought. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for PRLB suggests some volalility. |
| Average Directional Index/ADX (14) | 22.47 | NEUTRAL | The ADX value for PRLB suggests a possible start of a new 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)
40.14
-1.07 (-2.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-2.6%
1 Week-2.5%
2 Weeks0.75%
1 Month2.09%
3 Month15.78%
6 Month9.64%
12 Month25.28%
2 Year21.09%
3 Year-17.9%
5 Year-66.58%
10 Year-46.74%
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%2.22%
ATR Inc6.71%
Range Today0.96
ADR(20)0.81
ADR(20)%2.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.25
Mansfield0.3
10 Day High41.63
10 Day Low39.59
20 Day High41.63
20 Day Low37.4
52 Week High46.73
52 Week Low25.76
CS1 End39.68
CR1 Start40.15
Volume & EV
DER(3)-0.71%
DER(5)-1.46%
Volume162.00K
Volume Incr-20.52%
Vol(5)155.10K
Vol(50)194.61K