PROQR THERAPEUTICS NV (PRQR) Stock Technical Analysis
USA - NASDAQ:PRQR - NL0010872495 - Common Stock
We assign a technical rating of 8 out of 10 to PRQR. Although PRQR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although PRQR has an excellent technical rating, it does not offer a high 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
2.12
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.71 to 2.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.22 from a trend line in the daily time frame.
- Support @2.14 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 | UP | POSITIVE | The long term trend for PRQR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRQR is up. |
| ChartMill Relative Strength | 59.69 | NEUTRAL | PRQR is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of PRQR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.16 | NEUTRAL | The RSI value for PRQR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests PRQR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.52 | NEUTRAL | The Stochastics value for PRQR is a neutral value. |
| Average True Range in percent/ATR (20) | 7.46 | HIGH VOLATILITY | The high ATR as a percentage value for PRQR suggests high volalility. |
| Average Directional Index/ADX (14) | 24.34 | NEUTRAL | The ADX value for PRQR suggests a possible start of a new trend. |
2.91
+0.09 (+3.19%)
PROQR THERAPEUTICS NV / PRQR FAQ
What is the ChartMill technical rating of PROQR THERAPEUTICS NV (PRQR) stock?
ChartMill assigns a technical rating of 8 / 10 to PRQR.
What is the trend direction for PRQR stock?
The current trend direction for PROQR THERAPEUTICS NV (PRQR) is Bullish.
What is the RSI signal for PROQR THERAPEUTICS NV (PRQR) stock?
PROQR THERAPEUTICS NV (PRQR) has an RSI value of 63.1568. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PROQR THERAPEUTICS NV?
The short term momentum for PROQR THERAPEUTICS NV (PRQR) is positive.
Can you provide the support and resistance levels for PROQR THERAPEUTICS NV?
PROQR THERAPEUTICS NV (PRQR) has a support level at 2.75. Check the full technical report for our detailed analysis of PRQR support and resistance levels.