Principia Biopharma Inc (PRNB) Stock Technical Analysis
NASDAQ:PRNB - Nasdaq -
Taking everything into account, PRNB scores 10 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, PRNB is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, PRNB did better than 98% of all other stocks. We also observe that the gains produced by PRNB over the past year are nicely spread over this period.
PRNB is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
PRNB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
PRNB has an average volume of 1635750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PRNB has a been trading in a tight range between 99.76 and 100.81.
PRNB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 100.04, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
56.85
102.08
When analyzing the support we can see 5 important areas.
- A support zone ranging from 99.85 to 100.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @65.97 from a trend line in the daily time frame.
- Support @64.46 from a trend line in the weekly time frame.
- Support @62.89 from a trend line in the daily time frame.
- Support @57.42 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 100.66 to 101.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.45
Mansfield5.42
10 Day High100.39
10 Day Low99.88
20 Day High100.81
20 Day Low99.76
52 Week High101.89
52 Week Low25.35
Performance
1 Week-0.22%
2 Weeks0.05%
1 Month-0.81%
3 Month77.21%
6 Month97.42%
12 Month248.73%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.66
RSI(14)65.96
LBB99.83
UBB100.18
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 100.40 | 99.87 | 0.53 (0.53%) | 25.00% |
| An entry @100.40. This is a Buy Stop order right above the 10 day high. | An exit @99.87. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.53 points, which is 0.53%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.13%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
100.05
+0.1 (+0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.1%
1 Week-0.22%
2 Weeks0.05%
1 Month-0.81%
3 Month77.21%
6 Month97.42%
12 Month248.73%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%0.29%
ATR Inc13.11%
Range Today0.42
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.45
Mansfield5.42
10 Day High100.39
10 Day Low99.88
20 Day High100.81
20 Day Low99.76
52 Week High101.89
52 Week Low25.35
CS1 End100.04
CR1 Start100.66
Volume & EV
DER(3)-0.2%
DER(5)-0.05%
Volume1.79M
Volume Incr-27.7%
Vol(5)846.42K
Vol(50)1.64M