PRELUDE THERAPEUTICS INC (PRLD) Stock Technical Analysis
NASDAQ:PRLD - Nasdaq - US74065P1012 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to PRLD. Recently some decent action could be observed, but in the medium term time frame this is still negative. PRLD was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, PRLD is a bad performer in the overall market: 90% of all stocks are doing better.
PRLD is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PRLD is lagging the market.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
PRLD is part of the Biotechnology industry. There are 561 other stocks in this industry, PRLD did better than 46% of them.
In the last month PRLD has a been trading in the 0.73 - 1.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, PRLD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for PRLD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.84
1.01
We found 1 important support area.
- Support @0.85 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.91 to 0.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.97 from a trend line in the daily time frame.
- Resistance @1.00 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 | DOWN | NEGATIVE | The long term trend for PRLD is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRLD is up. |
| ChartMill Relative Strength | 10.17 | NEGATIVE | PRLD has a low relative strength, it was outperformed by 89.83% 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 | NEGATIVE | The current price of PRLD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.52 | NEUTRAL | The RSI value for PRLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PRLD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.73 | NEUTRAL | The Stochastics value for PRLD is a neutral value. |
| Average True Range in percent/ATR (20) | 11.45 | HIGH VOLATILITY | The high ATR as a percentage value for PRLD suggests high volalility. |
| Average Directional Index/ADX (14) | 29.91 | POSITIVE | The high ADX value value for PRLD 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)
0.9001
-0.01 (-1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.53%
1 Week-3.94%
2 Weeks10.08%
1 Month4.47%
3 Month3.35%
6 Month-5.12%
12 Month-77.99%
2 Year-83.87%
3 Year-78.57%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%11.45%
ATR Inc-15.04%
Range Today0.04
ADR(20)0.1
ADR(20)%11.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.17
Mansfield-6.05
10 Day High1.08
10 Day Low0.78
20 Day High1.08
20 Day Low0.73
52 Week High6.8
52 Week Low0.61
CS1 End0.85
CR1 Start0.91
Volume & EV
DER(3)-5.3%
DER(5)3.12%
Volume13.10K
Volume Incr-19.86%
Vol(5)90.22K
Vol(50)178.97K