PROTHENA CORP PLC (PRTA) Stock Technical Analysis
NASDAQ:PRTA - IE00B91XRN20 - Common Stock
8.2 USD
-0.04 (-0.49%)
8.2 USD
0 (0%)
We assign a technical rating of 5 out of 10 to PRTA. In the past year, PRTA was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
PRTA 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.
PRTA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
PRTA has an average volume of 1158450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
When comparing the performance of all stocks over the past year, PRTA turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
PRTA is an average performer in the Biotechnology industry, it outperforms 62% of 547 stocks in the same industry.
PRTA has an average technical rating and the quality of the presented setup is also not ideal 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
7.99
12.87
When analyzing the support we notice one important area.
- A support zone ranging from 8.07 to 8.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 8.46 to 8.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.78 to 8.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.74 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 PRTA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRTA is up. |
| ChartMill Relative Strength | 58.98 | NEUTRAL | PRTA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRTA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PRTA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PRTA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.73 | NEUTRAL | The RSI value for PRTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests PRTA has a negative trend. |
| Stochastics (14,3) | 58.56 | NEUTRAL | The Stochastics value for PRTA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.31 | HIGH VOLATILITY | The high ATR as a percentage value for PRTA suggests high volalility. |
| Average Directional Index/ADX (14) | 46.85 | POSITIVE | The high ADX value value for PRTA suggests a strong 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)
8.2
-0.04 (-0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.49%
1 Week-6.5%
2 Weeks-0.61%
1 Month20.41%
3 Month78.65%
6 Month-48.13%
12 Month-63.18%
2 Year-84.48%
3 Year-70.26%
5 Year-36.73%
10 Year-85.75%
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%5.31%
ATR Inc2.68%
Range Today0.26
ADR(20)0.42
ADR(20)%5.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.98
Mansfield-3.91
10 Day High8.97
10 Day Low8.05
20 Day High8.97
20 Day Low6.7
52 Week High22.83
52 Week Low4.32
CS1 End8.19
CR1 Start8.46
Volume & EV
DER(3)1.35%
DER(5)2.23%
Volume903.10K
Volume Incr5.4%
Vol(5)1.18M
Vol(50)1.16M