PROTO LABS INC (PRLB) Stock Technical Analysis
NYSE:PRLB - New York Stock Exchange, Inc. - US7437131094 - Common Stock - Currency: USD
Overall PRLB gets a technical rating of 5 out of 10. In the past year, PRLB was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that PRLB is one of the better performing stocks in the market, outperforming 75% 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 128 other stocks in this industry, PRLB did better than 69% of them.
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.
In the last month PRLB has a been trading in the 35.06 - 43.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PRLB has an average technical rating and it also 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
28.46
45.22
We found 4 important support areas.
- A support zone ranging from 36.56 to 37.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @33.35 from a trend line in the weekly time frame.
- Support @32.51 from a trend line in the daily time frame.
- Support @28.75 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 40.96 to 41.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @43.59 from a horizontal line in the weekly time frame.
- Resistance @44.77 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for PRLB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PRLB is neutral. |
| ChartMill Relative Strength | 75.16 | POSITIVE | PRLB has a high relative strength, it outperformed 75.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PRLB is below 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) | 46.98 | NEUTRAL | The RSI value for PRLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests PRLB has a negative trend. |
| Stochastics (14,3) | 18.03 | OVERSOLD | The low Stochastics value suggests PRLB may be oversold. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for PRLB suggests some volalility. |
| Average Directional Index/ADX (14) | 22 | 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)
37.61
-0.14 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.37%
1 Week-4.95%
2 Weeks-7.34%
1 Month6.97%
3 Month-5.69%
6 Month-8.69%
12 Month21.44%
2 Year22.27%
3 Year-21.95%
5 Year-70.23%
10 Year-45.63%
15 YearN/A
Volatility
ATR(14)1.16
ATR(20)%3.65%
ATR Inc-40.79%
Range Today0.61
ADR(20)1.23
ADR(20)%3.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.16
Mansfield0.34
10 Day High41.37
10 Day Low36.75
20 Day High43
20 Day Low35.07
52 Week High46.73
52 Week Low25.76
CS1 End37.6
CR1 Start40.96
Volume & EV
DER(3)0.79%
DER(5)-0.05%
Volume116.20K
Volume Incr38.8%
Vol(5)227.22K
Vol(50)208.21K