We assign a technical rating of 1 out of 10 to PROK. PROK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of PROK 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
2.16
We found 1 important support area.
- A support zone ranging from 2.18 to 2.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.27 to 2.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.57 from a trend line in the daily time frame.
- Resistance @2.66 from a trend line in the weekly time frame.
- Resistance @3.29 from a horizontal line in the daily 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 PROK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PROK is down. |
| ChartMill Relative Strength | 63.51 | NEUTRAL | PROK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PROK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PROK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PROK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.13 | NEUTRAL | The RSI value for PROK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PROK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.25 | OVERSOLD | The low Stochastics value suggests PROK may be oversold. |
| Average True Range in percent/ATR (20) | 10.03 | HIGH VOLATILITY | The high ATR as a percentage value for PROK suggests high volalility. |
| Average Directional Index/ADX (14) | 21.11 | NEUTRAL | The ADX value for PROK suggests a possible start of a new trend. |
2.26
+0.04 (+1.8%)
PROKIDNEY CORP / PROK FAQ
What is the ChartMill technical rating of PROKIDNEY CORP (PROK) stock?
ChartMill assigns a technical rating of 1 / 10 to PROK.
Can you provide the trend direction for PROKIDNEY CORP?
The current trend direction for PROKIDNEY CORP (PROK) is Bearish.
What is the RSI signal for PROK stock?
PROKIDNEY CORP (PROK) has an RSI value of 41.128. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for PROKIDNEY CORP?
The buy/sell signal for PROKIDNEY CORP (PROK) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for PROKIDNEY CORP (PROK) stock?
PROKIDNEY CORP (PROK) has a support level at 2.2 and a resistance level at 2.27. Check the full technical report for our detailed analysis of PROK support and resistance levels.