3.94 USD
+0.02 (+0.51%)
4 USD
+0.06 (+1.52%)
Overall PRME gets a technical rating of 3 out of 10. PRME has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
PRME has an average volume of 3821850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, PRME turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
PRME is part of the Biotechnology industry. There are 530 other stocks in this industry, PRME did better than 54% of them.
PRME is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PRME is lagging the market.
In the last month PRME has a been trading in the 3.29 - 4.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of PRME is bad and it also does not present a 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
3.30
6.22
We found 2 important support areas.
- A support zone ranging from 3.46 to 3.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.33 to 3.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @4.11 from a horizontal line in the weekly time frame.
- Resistance @4.34 from a horizontal line in the daily time frame.
- Resistance @5.91 from a trend line in the weekly time frame.
- Resistance @6.16 from a trend line in the weekly 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 PRME is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRME is up. |
| ChartMill Relative Strength | 41.47 | NEUTRAL | PRME is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PRME is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PRME is above a declining 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) | 54.61 | NEUTRAL | The RSI value for PRME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests PRME has a positive trend. |
| Stochastics (14,3) | 76.89 | NEUTRAL | The Stochastics value for PRME is a neutral value. |
| Average True Range in percent/ATR (20) | 6.49 | HIGH VOLATILITY | The high ATR as a percentage value for PRME suggests high volalility. |
| Average Directional Index/ADX (14) | 16.98 | NEGATIVE | The low ADX value for PRME 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)
3.94
+0.02 (+0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.51%
1 Week11.61%
2 Weeks10.36%
1 Month-9.01%
3 Month-30.63%
6 Month-9.43%
12 Month34.01%
2 Year-37.95%
3 Year-77.59%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%6.49%
ATR Inc-24.51%
Range Today0.19
ADR(20)0.25
ADR(20)%6.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.47
3 months CRS9.47
6 months CRS21.5
Mansfield1.39
10 Day High4.17
10 Day Low3.29
20 Day High4.42
20 Day Low3.29
52 Week High6.94
52 Week Low1.11
CS1 End3.49
CR1 Start4.11
Volume & EV
DER(3)3.67%
DER(5)2.08%
Volume2.30M
Volume Incr-14.68%
Vol(5)3.27M
Vol(50)3.82M
PRIME MEDICINE INC / PRME FAQ
What is the technical rating for PRME stock?
ChartMill assigns a technical rating of 3 / 10 to PRME.
What is the current trend direction of PRIME MEDICINE INC (PRME) stock?
The current trend direction for PRIME MEDICINE INC (PRME) is Bearish.
What is the RSI signal for PRME stock?
PRIME MEDICINE INC (PRME) has an RSI value of 54.6092. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PRIME MEDICINE INC?
The MACD indicator for PRIME MEDICINE INC (PRME) has a value of 0.0608907, indicating a bearish trend.