PRAIRIE OPERATING CO (PROP) Stock Technical Analysis
USA - NASDAQ:PROP - US7396501097 - Common Stock
Taking everything into account, PROP scores 0 out of 10 in our technical rating. 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 technical rating of PROP 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
1.72
3 important resistance areas can be observed.
- A resistance zone ranging from 1.89 to 1.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.03 from a trend line in the daily time frame.
- Resistance @3.17 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 | DOWN | NEGATIVE | The short term trend for PROP is down. |
| ChartMill Relative Strength | 2.72 | NEGATIVE | PROP has a low relative strength, it was outperformed by 97.28% 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) | 40.48 | NEUTRAL | The RSI value for PROP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PROP has a negative trend. |
| Stochastics (14,3) | 8.3 | OVERSOLD | The low Stochastics value suggests PROP may be oversold. |
| Average True Range in percent/ATR (20) | 7.57 | HIGH VOLATILITY | The high ATR as a percentage value for PROP suggests high volalility. |
| Average Directional Index/ADX (14) | 16.47 | NEGATIVE | The low ADX value for PROP suggests a weak or negative trend. |
1.74
+0.02 (+1.16%)
PRAIRIE OPERATING CO / PROP FAQ
What is the ChartMill technical rating of PRAIRIE OPERATING CO (PROP) stock?
ChartMill assigns a technical rating of 0 / 10 to PROP.
What is the current trend direction of PRAIRIE OPERATING CO (PROP) stock?
The current trend direction for PRAIRIE OPERATING CO (PROP) is Bearish.
What is the RSI signal for PROP stock?
PRAIRIE OPERATING CO (PROP) has an RSI value of 40.4826. This indicates that the stock is currently neutral.
What is the buy/sell signal for PROP stock?
The buy/sell signal for PRAIRIE OPERATING CO (PROP) is sell as both the short term and long term trends are negative.
What is the support and resistance level for PROP stock?
PRAIRIE OPERATING CO (PROP) has a resistance level at 1.89. Check the full technical report for our detailed analysis of PROP support and resistance levels.