PRAIRIE OPERATING CO (PROP) Stock Technical Analysis
NASDAQ:PROP - Nasdaq - US7396501097 - Common Stock - Currency: USD
Overall PROP gets a technical rating of 0 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, PROP is a bad performer in the overall market: 97% of all stocks are doing better.
PROP is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 91% of 210 stocks in the same industry do better.
PROP 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 PROP has a been trading in the 2.74 - 4.09 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 poor technical rating and the quality of the setup is also only medium 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
3.47
5.87
We can see 2 important resistance areas.
- A resistance zone ranging from 3.98 to 4.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.81 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for PROP is neutral. |
| ChartMill Relative Strength | 3.67 | NEGATIVE | PROP has a low relative strength, it was outperformed by 96.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PROP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PROP is below a declining 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) | 46.08 | NEUTRAL | The RSI value for PROP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests PROP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.39 | NEUTRAL | The Stochastics value for PROP is a neutral value. |
| Average True Range in percent/ATR (20) | 7.24 | HIGH VOLATILITY | The high ATR as a percentage value for PROP suggests high volalility. |
| Average Directional Index/ADX (14) | 15.27 | 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)
3.5
-0.16 (-4.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-4.37%
1 Week-3.85%
2 Weeks2.64%
1 Month-11.39%
3 Month-16.86%
6 Month-46.15%
12 Month-66.25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%7.24%
ATR Inc-18.8%
Range Today0.22
ADR(20)0.25
ADR(20)%7.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.67
Mansfield-5.38
10 Day High3.72
10 Day Low2.74
20 Day High4.09
20 Day Low2.74
52 Week High12.3
52 Week Low2.74
CS1 EndN/A
CR1 Start3.98
Volume & EV
DER(3)-3.66%
DER(5)-4.61%
Volume669.30K
Volume Incr-26.52%
Vol(5)901.32K
Vol(50)947.53K