PERASO INC (PRSO) Stock Technical Analysis
NASDAQ:PRSO - US71360T2006 - Common Stock
0.8701 USD
-0.02 (-1.96%)
0.892 USD
+0.02 (+2.52%)
We assign a technical rating of 1 out of 10 to PRSO. PRSO 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, PRSO is a bad performer in the overall market: 91% of all stocks are doing better.
PRSO is part of the Semiconductors & Semiconductor Equipment industry. There are 110 other stocks in this industry, of which 88% are performing better than PRSO.
PRSO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PRSO has a been trading in the 0.77 - 0.93 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, PRSO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 0.85, a Stop Loss order could be placed below this zone.
More info and screens
0.78
1.11
We found 2 important support areas.
- A support zone ranging from 0.82 to 0.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.79 to 0.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.88 to 0.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.94 from a trend line in the weekly time frame.
- Resistance @1.10 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 PRSO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PRSO is neutral. |
| ChartMill Relative Strength | 9.49 | NEGATIVE | PRSO has a low relative strength, it was outperformed by 90.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRSO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PRSO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PRSO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.14 | NEUTRAL | The RSI value for PRSO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PRSO has a positive trend. |
| Stochastics (14,3) | 64.03 | NEUTRAL | The Stochastics value for PRSO is a neutral value. |
| Average True Range in percent/ATR (20) | 5.88 | HIGH VOLATILITY | The high ATR as a percentage value for PRSO suggests high volalility. |
| Average Directional Index/ADX (14) | 12.17 | NEGATIVE | The low ADX value for PRSO 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)
0.8701
-0.02 (-1.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.96%
1 Week5.26%
2 Weeks-1.67%
1 Month4.96%
3 Month-6.48%
6 Month3.09%
12 Month-37.4%
2 Year-92.74%
3 Year-98.97%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%5.88%
ATR Inc12.45%
Range Today0.05
ADR(20)0.05
ADR(20)%5.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.49
Mansfield-2.35
10 Day High0.93
10 Day Low0.77
20 Day High0.93
20 Day Low0.77
52 Week High2.34
52 Week Low0.52
CS1 End0.85
CR1 Start0.88
Volume & EV
DER(3)1.96%
DER(5)-0.65%
Volume64.30K
Volume Incr-21.65%
Vol(5)79.94K
Vol(50)210.51K