PRAIRIE OPERATING CO (PROP) Stock Technical Analysis
NASDAQ:PROP - Nasdaq - US7396501097 - Common Stock - Currency: USD
Overall PROP gets a technical rating of 1 out of 10. PROP 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.
When comparing the yearly performance of all stocks, PROP is a bad performer in the overall market: 96% of all stocks are doing better.
PROP is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 90% are performing better than PROP.
PROP is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PROP is lagging the market.
In the last month PROP has a been trading in the 3.36 - 4.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PROP has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
3.89
9.41
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 3.93 to 4.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.25 from a trend line in the weekly time frame.
- Resistance @7.48 from a trend line in the daily time frame.
- Resistance @9.32 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 PROP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PROP is down. |
| ChartMill Relative Strength | 4.83 | NEGATIVE | PROP has a low relative strength, it was outperformed by 95.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PROP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PROP is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PROP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.52 | NEUTRAL | The RSI value for PROP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PROP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.21 | NEUTRAL | The Stochastics value for PROP is a neutral value. |
| Average True Range in percent/ATR (20) | 6.81 | HIGH VOLATILITY | The high ATR as a percentage value for PROP suggests high volalility. |
| Average Directional Index/ADX (14) | 12.84 | NEGATIVE | The low ADX value for PROP suggests a weak or negative 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)
3.93
-0.03 (-0.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.76%
1 Week-1.26%
2 Weeks-1.26%
1 Month-1.26%
3 Month-29.57%
6 Month-47.88%
12 Month-61.36%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%6.81%
ATR Inc-51.08%
Range Today0.1
ADR(20)0.27
ADR(20)%6.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.83
Mansfield-4.9
10 Day High4.25
10 Day Low3.77
20 Day High4.25
20 Day Low3.36
52 Week High12.3
52 Week Low3.35
CS1 EndN/A
CR1 Start3.93
Volume & EV
DER(3)-7.79%
DER(5)-4.21%
Volume515.90K
Volume Incr-15.51%
Vol(5)726.15K
Vol(50)654.96K