USA - NASDAQ:PRME - US74168J1016 - Common Stock
We assign a technical rating of 1 out of 10 to PRME. PRME's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
3.77
When analyzing the resistance we notice one important area.
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 | DOWN | NEGATIVE | The short term trend for PRME is down. |
| ChartMill Relative Strength | 32.75 | NEUTRAL | PRME is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRME is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PRME is below 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) | 36.42 | NEUTRAL | The RSI value for PRME is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests PRME has a negative trend. |
| Stochastics (14,3) | 7.85 | OVERSOLD | The low Stochastics value suggests PRME may be oversold. |
| Average True Range in percent/ATR (20) | 13.8 | HIGH VOLATILITY | The high ATR as a percentage value for PRME suggests high volalility. |
| Average Directional Index/ADX (14) | 18.52 | NEGATIVE | The low ADX value for PRME suggests a weak or negative trend. |
3.81
-0.37 (-8.85%)
ChartMill assigns a technical rating of 1 / 10 to PRME.
The current trend direction for PRIME MEDICINE INC (PRME) is Bearish.
PRIME MEDICINE INC (PRME) has an RSI value of 36.4247. This indicates that the stock is currently neutral.
The MACD indicator for PRIME MEDICINE INC (PRME) has a value of -0.171982, indicating a bearish trend.