PROQR THERAPEUTICS NV (PRQR) Stock Technical Analysis
NASDAQ:PRQR - Nasdaq - NL0010872495 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to PRQR. Although PRQR has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Besides having an excellent technical rating, PRQR also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.89, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PRQR in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.64
We found 3 important support areas.
- A support zone ranging from 1.87 to 1.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.81 to 1.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.66 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.00 to 2.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 PRQR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRQR is up. |
| ChartMill Relative Strength | 81.9 | POSITIVE | PRQR has a high relative strength, it outperformed 81.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRQR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PRQR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PRQR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.77 | NEUTRAL | The RSI value for PRQR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PRQR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.99 | NEUTRAL | The Stochastics value for PRQR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.2 | HIGH VOLATILITY | The high ATR as a percentage value for PRQR suggests high volalility. |
| Average Directional Index/ADX (14) | 35.39 | POSITIVE | The high ADX value value for PRQR suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.01 | 1.86 | 0.15 (7.46%) | 13.40% |
| An entry @2.01. This is a Buy Stop order right above the resistance zone. | An exit @1.86. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.15 points, which is 7.46%. | For a 1.00% total portfolio risk, you can invest 13.40% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PRQR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:PRQR (6/20/2025, 8:00:00 PM)
1.93
-0.01 (-0.52%)