BIORA THERAPEUTICS INC (PROG) Technical Analysis
NASDAQ:PROG • US74319F1075
Current stock price
PROG Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to PROG. PROG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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 one of the lesser performing stocks in the Health Care Providers & Services industry. 75% of 100 stocks in the same industry do better.
- 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.
PROG Weekly and Daily overview Charts
PROG Setup Rating and Analysis
Although the technical rating is bad, PROG does present a nice setup opportunity. 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.
More info and screens
PROG Support and Resistance Analysis
0.82
When analyzing the support we notice one important 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.
We can see 3 important resistance areas.
- 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.
PROG 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for PROG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PROG is down. |
| ChartMill Relative Strength | 9.79 | NEGATIVE | PROG has a low relative strength, it was outperformed by 90.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PROG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PROG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PROG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.25 | NEUTRAL | The RSI value for PROG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PROG has a positive trend. |
| Stochastics (14,3) | 50.92 | NEUTRAL | The Stochastics value for PROG is a neutral value. |
| Average True Range in percent/ATR (20) | 9.96 | HIGH VOLATILITY | The high ATR as a percentage value for PROG suggests high volalility. |
PROG Chart- and CandleStick Pattern Analysis
PROG Technicals: Chart, Performance Metrics, Trend & Indicators
0.8845
-0.03 (-3.47%)
BIORA THERAPEUTICS INC / PROG TA FAQ
What is the ChartMill technical rating of BIORA THERAPEUTICS INC (PROG) stock?
ChartMill assigns a technical rating of 0 / 10 to PROG.
What is the current trend direction of BIORA THERAPEUTICS INC (PROG) stock?
The current trend direction for BIORA THERAPEUTICS INC (PROG) is Bearish.
Can you provide the RSI signal for BIORA THERAPEUTICS INC?
BIORA THERAPEUTICS INC (PROG) has an RSI value of 38.2476. This indicates that the stock is currently neutral.
Can you provide the MACD signal for BIORA THERAPEUTICS INC?
The MACD indicator for BIORA THERAPEUTICS INC (PROG) has a value of 0.0106199, indicating a bearish trend.
Can you provide the buy/sell signal for BIORA THERAPEUTICS INC?
The buy/sell signal for BIORA THERAPEUTICS INC (PROG) is sell as both the short term and long term trends are negative.