PRAIRIE OPERATING CO (PROP) Technical Analysis
NASDAQ:PROP • US7396501097
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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 94% of all other stocks performed better in the past year than PROP.
- PROP is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry, of which 92% are performing better than PROP.
- 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 1.50 - 2.12 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- PROP has an average volume of 1584010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
1.58
When analyzing the resistance we notice 2 important areas.
- Resistance @1.89 from a trend line in the daily time frame.
- Resistance @1.95 from a trend 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 | 6.45 | NEGATIVE | PROP has a low relative strength, it was outperformed by 93.55% 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) | 41.92 | NEUTRAL | The RSI value for PROP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PROP has a negative trend. |
| Stochastics (14,3) | 10.19 | OVERSOLD | The low Stochastics value suggests PROP may be oversold. |
| Average True Range in percent/ATR (20) | 8.61 | HIGH VOLATILITY | The high ATR as a percentage value for PROP suggests high volalility. |
| Average Directional Index/ADX (14) | 13.14 | NEGATIVE | The low ADX value for PROP suggests a weak or negative trend. |
PROP Technicals: Chart, Performance Metrics, Trend & Indicators
1.6
+0.07 (+4.58%)
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.
Can you provide the trend direction for PRAIRIE OPERATING CO?
The current trend direction for PRAIRIE OPERATING CO (PROP) is Bearish.
Can you provide the RSI signal for PRAIRIE OPERATING CO?
PRAIRIE OPERATING CO (PROP) has an RSI value of 41.9189. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PRAIRIE OPERATING CO?
The MACD indicator for PRAIRIE OPERATING CO (PROP) has a value of -0.0240618, indicating a bearish trend.
What is the buy/sell signal for PRAIRIE OPERATING CO (PROP) stock?
The buy/sell signal for PRAIRIE OPERATING CO (PROP) is sell as both the short term and long term trends are negative.