PRESTO AUTOMATION INC (PRST) Stock Technical Analysis
NASDAQ:PRST - Nasdaq - US74113T1051 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to PRST. PRST 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.
100% of all other stocks performed better in the past year than PRST.
PRST is part of the Electronic Equipment, Instruments & Components industry. There are 125 other stocks in this industry, of which 95% are performing better than PRST.
PRST is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so PRST is lagging the market.
In the last month PRST has a been trading in the 0.02 - 0.09 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.
PRST has an average volume of 41464700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of PRST is bad and it also does not present a 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
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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 PRST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PRST is down. |
| ChartMill Relative Strength | 0.21 | NEGATIVE | PRST has a low relative strength, it was outperformed by 99.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PRST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PRST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.65 | OVERSOLD | The low RSI value suggests PRST may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PRST has a negative trend. |
| Stochastics (14,3) | 9.59 | OVERSOLD | The low Stochastics value suggests PRST may be oversold. |
| Average True Range in percent/ATR (20) | 50.73 | HIGH VOLATILITY | The high ATR as a percentage value for PRST suggests high volalility. |
| Average Directional Index/ADX (14) | 24.04 | NEUTRAL | The ADX value for PRST suggests a possible start of a new 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)
0.0199
-0.01 (-35.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-35.81%
1 Week-48.84%
2 Weeks-72.25%
1 Month-74.16%
3 Month-88.01%
6 Month-89.98%
12 Month-99.41%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%50.73%
ATR Inc3.33%
Range Today0.01
ADR(20)0.01
ADR(20)%49.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.21
Mansfield-9.78
10 Day High0.07
10 Day Low0.02
20 Day High0.09
20 Day Low0.02
52 Week High3.68
52 Week Low0.02
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-10.84%
DER(5)-8.15%
Volume113.07M
Volume Incr217.72%
Vol(5)87.63M
Vol(50)41.46M