PROFOUND MEDICAL CORP (PROF) Stock Technical Analysis
NASDAQ:PROF - Nasdaq - CA74319B5027 - Common Stock - Currency: USD
Overall PROF gets a technical rating of 2 out of 10. In the past year, PROF was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, PROF is a bad performer in the overall market: 87% of all stocks are doing better.
PROF is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, of which 62% are performing better than PROF.
PROF is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PROF is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month PROF has a been trading in the 4.01 - 5.85 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of PROF 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
5.07
11.09
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.63 to 5.65. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @5.12 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @5.96 from a trend line in the daily time frame.
- Resistance @6.21 from a trend line in the weekly time frame.
- Resistance @7.47 from a horizontal line in the daily time frame.
- Resistance @10.98 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for PROF is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PROF is up. |
| ChartMill Relative Strength | 13.52 | NEGATIVE | PROF has a low relative strength, it was outperformed by 86.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PROF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PROF is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PROF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.48 | NEUTRAL | The RSI value for PROF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests PROF has a positive trend. |
| Stochastics (14,3) | 82.63 | OVERBOUGHT | The high Stochastics value suggests PROF may be overbought. |
| Average True Range in percent/ATR (20) | 6.17 | HIGH VOLATILITY | The high ATR as a percentage value for PROF suggests high volalility. |
| Average Directional Index/ADX (14) | 27.81 | POSITIVE | The high ADX value value for PROF 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:PROF (6/5/2025, 8:02:09 PM)
5.66
+0.14 (+2.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg2.54%
1 Week6.19%
2 Weeks10.33%
1 Month17.67%
3 Month-17.49%
6 Month-24.43%
12 Month-30.81%
2 Year-56.49%
3 Year-22.36%
5 Year-66.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%6.17%
ATR Inc-52.64%
Range Today0.19
ADR(20)0.35
ADR(20)%6.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.52
Mansfield-2.61
10 Day High5.85
10 Day Low5
20 Day High5.85
20 Day Low4.01
52 Week High11.42
52 Week Low3.9
CS1 End5.65
CR1 Start5.96
Volume & EV
DER(3)1.36%
DER(5)3.14%
Volume20.70K
Volume Incr-44.89%
Vol(5)47.10K
Vol(50)85.95K