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BIORA THERAPEUTICS INC (PROG) Stock Technical Analysis

NASDAQ:PROG - Nasdaq - US74319F1075 - Common Stock

0.8845  -0.03 (-3.47%)

After market: 0.9 +0.02 (+1.75%)

Technical Rating and Analysis

0

Taking everything into account, PROG scores 0 out of 10 in our technical rating. PROG'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
91% of all other stocks performed better in the past year than PROG.
PROG is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry, of which 77% are performing better than PROG.
PROG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month PROG has a been trading in the 0.79 - 1.17 range, which is quite wide. It is currently trading near the lows of this range.
PROG has an average volume of 6822160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
BIORA THERAPEUTICS INC / PROG Weekly stock chart
BIORA THERAPEUTICS INC / PROG Daily stock chart
Setup Rating and Analysis

5

PROG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.84, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

0.82

1.40

We found 1 important support area.

  • A support zone ranging from 0.83 to 0.84. This zone is formed by a combination of multiple trend lines in multiple time frames.

3 important resistance areas can be observed.

  • A resistance zone ranging from 0.96 to 0.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 1.23 to 1.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.39 from a trend line in the daily time frame.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for PROG is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for PROG is down.
ChartMill Relative Strength9.79NEGATIVEPROG has a low relative strength, it was outperformed by 90.21% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of PROG is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of PROG is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of PROG is below a declining SMA(200).
Relative Strength Index/RSI (14)38.25NEUTRALThe RSI value for PROG is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests PROG has a positive trend.
Stochastics (14,3)50.92NEUTRALThe Stochastics value for PROG is a neutral value.
Average True Range in percent/ATR (20)9.96HIGH VOLATILITYThe high ATR as a percentage value for PROG suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)
BIORA THERAPEUTICS INC / PROG Daily stock chart

BIORA THERAPEUTICS INC

NASDAQ:PROG (5/6/2022, 8:00:02 PM)

After market: 0.9 +0.02 (+1.75%)

0.8845

-0.03 (-3.47%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-3.47%
1 Week5.65%
2 Weeks-8.05%
1 Month-25.67%
3 Month-42.19%
6 Month-74.87%
12 Month-67.48%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%9.96%
ATR Inc1.59%
Range Today0.08
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
CRS9.79
Mansfield-5.27
10 Day High1.01
10 Day Low0.79
20 Day High1.17
20 Day Low0.79
52 Week High6.2
52 Week Low0.66
CS1 End0.84
CR1 Start0.96
Volume & EV
DER(3)-0.88%
DER(5)0.02%
Volume2.78M
Volume Incr-14.79%
Vol(5)4.04M
Vol(50)6.82M