PRIME MEDICINE INC (PRME) Stock Technical Analysis
NASDAQ:PRME - Nasdaq - US74168J1016 - Common Stock - Currency: USD
Taking everything into account, PRME scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PRME is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
PRME is part of the Biotechnology industry. There are 556 other stocks in this industry. PRME outperforms 94% of them.
PRME 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 PRME is lagging the market slightly.
In the last month PRME has a been trading in the 1.77 - 5.00 range, which is quite wide. It is currently trading near the high of this range.
PRME has an average volume of 3850920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, PRME did better than 96% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Volume is considerably higher in the last couple of days.
Although PRME has an excellent technical rating, the quality of the presented setup is not ideal 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
3.85
4.61
When analyzing the support we can see 2 important areas.
- Support @4.36 from a horizontal line in the weekly time frame.
- Support @3.89 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 | UP | POSITIVE | The long term trend for PRME is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRME is up. |
| ChartMill Relative Strength | 96.69 | POSITIVE | PRME has a high relative strength, it outperformed 96.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRME is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PRME is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRME is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.73 | NEUTRAL | The RSI value for PRME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PRME has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.09 | NEUTRAL | The Stochastics value for PRME is a neutral value. |
| Average True Range in percent/ATR (20) | 12.08 | HIGH VOLATILITY | The high ATR as a percentage value for PRME suggests high volalility. |
| Average Directional Index/ADX (14) | 55.75 | POSITIVE | The high ADX value value for PRME 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)
NASDAQ:PRME (7/21/2025, 3:10:57 PM)
4.565
+0.44 (+10.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg10.53%
1 Week-5.06%
2 Weeks32.8%
1 Month129.44%
3 Month233.07%
6 Month42.91%
12 Month-22.15%
2 Year-72.59%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.56
ATR(20)%12.08%
ATR Inc-41.88%
Range Today0.98
ADR(20)0.47
ADR(20)%10.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.69
Mansfield2.86
10 Day High5
10 Day Low3.57
20 Day High5
20 Day Low1.77
52 Week High5.95
52 Week Low1.11
CS1 End3.89
CR1 Start4.36
Volume & EV
DER(3)1.69%
DER(5)0.18%
Volume6.18M
Volume Incr11.55%
Vol(5)5.69M
Vol(50)3.85M