PRELUDE THERAPEUTICS INC (PRLD) Stock Technical Analysis
USA - NASDAQ:PRLD - US74065P1012 - Common Stock
Overall PRLD gets a technical rating of 7 out of 10. In the last year, PRLD was one of the better performers, but we do observe some doubts in the very recent evolution.
Although PRLD 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
0.75
We found 5 important support areas.
- Support @1.33 from a trend line in the daily time frame.
- A support zone ranging from 1.18 to 1.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.96 from a trend line in the weekly time frame.
- Support @0.80 from a horizontal line in the daily time frame.
- Support @0.76 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.36 to 1.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 PRLD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PRLD is neutral. |
| ChartMill Relative Strength | 90.14 | POSITIVE | PRLD has a high relative strength, it outperformed 90.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRLD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PRLD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRLD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.45 | NEUTRAL | The RSI value for PRLD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PRLD has a negative trend. |
| Stochastics (14,3) | 11.11 | OVERSOLD | The low Stochastics value suggests PRLD may be oversold. |
| Average True Range in percent/ATR (20) | 31.38 | HIGH VOLATILITY | The high ATR as a percentage value for PRLD suggests high volalility. |
| Average Directional Index/ADX (14) | 47.58 | POSITIVE | The high ADX value value for PRLD suggests a strong trend. |
1.35
-0.04 (-2.88%)
PRELUDE THERAPEUTICS INC / PRLD FAQ
What is the technical rating for PRLD stock?
ChartMill assigns a technical rating of 7 / 10 to PRLD.
What is the current trend direction of PRELUDE THERAPEUTICS INC (PRLD) stock?
The current trend direction for PRELUDE THERAPEUTICS INC (PRLD) is Bullish.
What is the RSI signal for PRLD stock?
PRELUDE THERAPEUTICS INC (PRLD) has an RSI value of 47.4511. This indicates that the stock is currently neutral.
What is the MACD signal for PRELUDE THERAPEUTICS INC (PRLD) stock?
The MACD indicator for PRELUDE THERAPEUTICS INC (PRLD) has a value of -0.0131727, indicating a bearish trend.
What are the support and resistance levels for PRELUDE THERAPEUTICS INC (PRLD) stock?
PRELUDE THERAPEUTICS INC (PRLD) has a support level at 1.33 and a resistance level at 1.36. Check the full technical report for our detailed analysis of PRLD support and resistance levels.