Overall PRSO gets a technical rating of 1 out of 10. PRSO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
PRSO 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
0.78
3 important support areas can be observed.
- Support @0.87 from a trend line in the daily time frame.
- A support zone ranging from 0.82 to 0.84. This zone is formed by a combination of multiple trend lines 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.
When analyzing the resistance we notice one important area.
- Resistance @1.75 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 | DOWN | NEGATIVE | The short term trend for PRSO is down. |
| ChartMill Relative Strength | 67.11 | NEUTRAL | PRSO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRSO is below a declining 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) | UP | MIXED | The current price of PRSO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.55 | NEUTRAL | The RSI value for PRSO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PRSO has a positive trend. |
| Stochastics (14,3) | 29.51 | NEUTRAL | The Stochastics value for PRSO is a neutral value. |
| Average True Range in percent/ATR (20) | 10.76 | HIGH VOLATILITY | The high ATR as a percentage value for PRSO suggests high volalility. |
| Average Directional Index/ADX (14) | 25 | POSITIVE | The high ADX value value for PRSO suggests a strong trend. |
0.9326
+0.02 (+2.2%)
PERASO INC / PRSO FAQ
What is the ChartMill technical rating of PERASO INC (PRSO) stock?
ChartMill assigns a technical rating of 1 / 10 to PRSO.
Can you provide the trend direction for PERASO INC?
The current trend direction for PERASO INC (PRSO) is Bearish.
Can you provide the RSI signal for PERASO INC?
PERASO INC (PRSO) has an RSI value of 39.5544. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PERASO INC?
The MACD indicator for PERASO INC (PRSO) has a value of 0.00352013, indicating a bearish trend.
What is the buy/sell signal for PRSO stock?
The buy/sell signal for PERASO INC (PRSO) is sell as both the short term and long term trends are negative.