PRELUDE THERAPEUTICS INC (PRLD) Stock Technical Analysis
NASDAQ:PRLD - US74065P1012 - Common Stock
1.24 USD
+0.14 (+12.73%)
1.36 USD
+0.12 (+9.68%)
Overall PRLD gets a technical rating of 6 out of 10. In the last year, PRLD was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
90% of all other stocks performed better in the past year than PRLD.
PRLD is part of the Biotechnology industry. There are 547 other stocks in this industry, of which 62% are performing better than PRLD.
PRLD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month PRLD has a been trading in the 0.75 - 1.25 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PRLD has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.75
1.25
When analyzing the support we can see 4 important areas.
- A support zone ranging from 0.88 to 0.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.86 from a trend line in the weekly time frame.
- A support zone ranging from 0.80 to 0.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.76 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 PRLD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRLD is up. |
| ChartMill Relative Strength | 10.63 | NEGATIVE | PRLD has a low relative strength, it was outperformed by 89.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRLD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PRLD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PRLD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.22 | OVERBOUGHT | The high RSI value suggests PRLD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests PRLD has a positive trend. |
| Stochastics (14,3) | 91.36 | OVERBOUGHT | The high Stochastics value suggests PRLD may be overbought. |
| Average True Range in percent/ATR (20) | 9.45 | HIGH VOLATILITY | The high ATR as a percentage value for PRLD suggests high volalility. |
| Average Directional Index/ADX (14) | 19.12 | NEGATIVE | The low ADX value for PRLD suggests a weak or negative 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)
1.24
+0.14 (+12.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg12.73%
1 Week42.53%
2 Weeks44.61%
1 Month33.33%
3 Month39.92%
6 Month42.38%
12 Month-76.91%
2 Year-66.76%
3 Year-82.78%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%9.45%
ATR Inc117.92%
Range Today0.24
ADR(20)0.12
ADR(20)%9.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.63
Mansfield-1.11
10 Day High1.25
10 Day Low0.75
20 Day High1.25
20 Day Low0.75
52 Week High5.64
52 Week Low0.61
CS1 End0.91
CR1 StartN/A
Volume & EV
DER(3)5.92%
DER(5)-0.45%
Volume494.20K
Volume Incr111.25%
Vol(5)288.88K
Vol(50)167.68K