Taking everything into account, PROK scores 3 out of 10 in our technical rating. 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.
PROK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.44. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for PROK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.05
When analyzing the support we can see 2 important areas.
- Support @2.18 from a horizontal line in the weekly time frame.
- A support zone ranging from 2.07 to 2.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.44 to 2.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.54 to 2.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for PROK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PROK is neutral. |
| ChartMill Relative Strength | 73.94 | POSITIVE | PROK has a high relative strength, it outperformed 73.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PROK is above the rising 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) | 53.1 | NEUTRAL | The RSI value for PROK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PROK has a positive trend. |
| Stochastics (14,3) | 37 | NEUTRAL | The Stochastics value for PROK is a neutral value. |
| Average True Range in percent/ATR (20) | 6.76 | HIGH VOLATILITY | The high ATR as a percentage value for PROK suggests high volalility. |
| Average Directional Index/ADX (14) | 13.28 | NEGATIVE | The low ADX value for PROK suggests a weak or negative trend. |
2.42
+0.17 (+7.56%)
PROKIDNEY CORP / PROK FAQ
What is the ChartMill technical rating of PROKIDNEY CORP (PROK) stock?
ChartMill assigns a technical rating of 3 / 10 to PROK.
What is the current trend direction of PROKIDNEY CORP (PROK) stock?
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 53.0969. This indicates that the stock is currently neutral.
What is the MACD signal for PROKIDNEY CORP (PROK) stock?
The MACD indicator for PROKIDNEY CORP (PROK) has a value of 0.00555439, indicating a bearish trend.