PRESTO AUTOMATION INC-27 (PRSTW) Technical Analysis
NASDAQ:PRSTW
Current stock price
PRSTW Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to PRSTW. PRSTW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, PRSTW is a bad performer in the overall market: 100% of all stocks are doing better.
- PRSTW 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 PRSTW is lagging the market.
- In the last month PRSTW has a been trading in the 0.00 - 0.04 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.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
PRSTW Weekly and Daily overview Charts
PRSTW Setup Rating and Analysis
The technical rating of PRSTW is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
PRSTW Support and Resistance Analysis
0.00
We found 1 important resistance area.
- A resistance zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
PRSTW 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 | NEUTRAL | NEUTRAL | The long term trend for PRSTW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PRSTW is down. |
| ChartMill Relative Strength | 0.37 | NEGATIVE | PRSTW has a low relative strength, it was outperformed by 99.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRSTW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PRSTW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PRSTW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.36 | NEUTRAL | The RSI value for PRSTW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PRSTW has a negative trend. |
| Stochastics (14,3) | 5.27 | OVERSOLD | The low Stochastics value suggests PRSTW may be oversold. |
| Average True Range in percent/ATR (20) | 241 | HIGH VOLATILITY | The high ATR as a percentage value for PRSTW suggests high volalility. |
| Average Directional Index/ADX (14) | 26.01 | POSITIVE | The high ADX value value for PRSTW suggests a strong trend. |
PRSTW Chart- and CandleStick Pattern Analysis
PRSTW Technicals: Chart, Performance Metrics, Trend & Indicators
0.003
-0.01 (-74.58%)
PRESTO AUTOMATION INC-27 / PRSTW TA FAQ
Can you provide the ChartMill technical rating for PRESTO AUTOMATION INC-27?
ChartMill assigns a technical rating of 0 / 10 to PRSTW.
What is the current trend direction of PRESTO AUTOMATION INC-27 (PRSTW) stock?
The current trend direction for PRESTO AUTOMATION INC-27 (PRSTW) is Bearish.
What is the RSI signal for PRESTO AUTOMATION INC-27 (PRSTW) stock?
PRESTO AUTOMATION INC-27 (PRSTW) has an RSI value of 32.3595. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PRESTO AUTOMATION INC-27?
The short term momentum for PRESTO AUTOMATION INC-27 (PRSTW) is negative.
What is the support and resistance level for PRSTW stock?
PRESTO AUTOMATION INC-27 (PRSTW) has a resistance level at 0.02. Check the full technical report for our detailed analysis of PRSTW support and resistance levels.