PRESTO AUTOMATION INC (PRST) Technical Analysis
NASDAQ:PRST • US74113T1051
Current stock price
PRST Technical Rating and Analysis
Overall PRST gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 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 124 other stocks in this industry, of which 91% 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.
PRST Weekly and Daily overview Charts
PRST Setup Rating and Analysis
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
PRST Support and Resistance Analysis
PRST Technical Indicator Signal Analysis
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. |
PRST Chart- and CandleStick Pattern Analysis
PRST Technicals: Chart, Performance Metrics, Trend & Indicators
0.0199
-0.01 (-35.81%)
PRESTO AUTOMATION INC / PRST TA FAQ
Can you provide the ChartMill technical rating for PRESTO AUTOMATION INC?
ChartMill assigns a technical rating of 0 / 10 to PRST.
Can you provide the trend direction for PRESTO AUTOMATION INC?
The current trend direction for PRESTO AUTOMATION INC (PRST) is Bearish.
What is the RSI signal for PRESTO AUTOMATION INC (PRST) stock?
PRESTO AUTOMATION INC (PRST) has an RSI value of 26.6545. This indicates that the stock is currently oversold.
What is the MACD signal for PRST stock?
The MACD indicator for PRESTO AUTOMATION INC (PRST) has a value of -0.00263101, indicating a bearish trend.
Can you provide the buy/sell signal for PRESTO AUTOMATION INC?
The buy/sell signal for PRESTO AUTOMATION INC (PRST) is sell as both the short term and long term trends are negative.