PROS HOLDINGS INC (PRO) Stock Technical Analysis
USA - NYSE:PRO - US74346Y1038 - Common Stock
We assign a technical rating of 9 out of 10 to PRO. Both in the recent history as in the last year, PRO has proven to be a steady performer, scoring decent points in every aspect analyzed.
PRO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 23.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.99, a Stop Loss order could be placed below this zone.
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13.84
4 important support areas can be observed.
- A support zone ranging from 22.93 to 22.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.09 from a trend line in the daily time frame.
- Support @14.80 from a trend line in the weekly time frame.
- Support @13.98 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.05 to 23.07. This zone is formed by a combination of multiple trend lines 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 PRO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRO is up. |
| ChartMill Relative Strength | 87.25 | POSITIVE | PRO has a high relative strength, it outperformed 87.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PRO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.18 | OVERBOUGHT | The high RSI value suggests PRO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests PRO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 73.14 | NEUTRAL | The Stochastics value for PRO is a neutral value. |
| Average True Range in percent/ATR (20) | 0.24 | LOW VOLATILITY | The low ATR as a percentage value for PRO suggests low volalility. |
| Average Directional Index/ADX (14) | 63.18 | POSITIVE | The high ADX value value for PRO suggests a strong trend. |
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 |
|---|---|---|---|
| 23.08 | 22.91 | 0.17 (0.74%) | 25.00% |
| An entry @23.08. This is a Buy Stop order right above the resistance zone. | An exit @22.91. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.17 points, which is 0.74%. | For a 0.18% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
23.04
-0.03 (-0.13%)
PROS HOLDINGS INC / PRO FAQ
Can you provide the ChartMill technical rating for PROS HOLDINGS INC?
ChartMill assigns a technical rating of 9 / 10 to PRO.
Can you provide the trend direction for PROS HOLDINGS INC?
The current trend direction for PROS HOLDINGS INC (PRO) is Bullish.
What is the RSI signal for PROS HOLDINGS INC (PRO) stock?
PROS HOLDINGS INC (PRO) has an RSI value of 80.1836. This indicates that the stock is currently overbought.
What is the MACD signal for PRO stock?
The MACD indicator for PROS HOLDINGS INC (PRO) has a value of -0.264902, indicating a bearish trend.
What is the buy/sell signal for PRO stock?
The buy/sell signal for PROS HOLDINGS INC (PRO) is buy as both the short term and long term trends are positive.