PROTHENA CORP PLC (PRTA) Stock Technical Analysis
NASDAQ:PRTA - Nasdaq - IE00B91XRN20 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to PRTA. PRTA 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.
When comparing the yearly performance of all stocks, PRTA is a bad performer in the overall market: 99% of all stocks are doing better.
PRTA is part of the Biotechnology industry. There are 559 other stocks in this industry, of which 87% are performing better than PRTA.
PRTA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PRTA is lagging the market.
In the last month PRTA has a been trading in the 4.32 - 7.58 range, which is quite wide. It is currently trading near the lows of this range.
PRTA has an average volume of 1629700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of PRTA 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
5.03
9.70
2 important resistance areas can be observed.
- A resistance zone ranging from 5.42 to 5.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.60 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 | DOWN | NEGATIVE | The short term trend for PRTA is down. |
| ChartMill Relative Strength | 1.38 | NEGATIVE | PRTA has a low relative strength, it was outperformed by 98.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRTA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PRTA is below a declining 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) | 31.74 | NEUTRAL | The RSI value for PRTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests PRTA has a positive trend. |
| Stochastics (14,3) | 41.99 | NEUTRAL | The Stochastics value for PRTA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.9 | HIGH VOLATILITY | The high ATR as a percentage value for PRTA suggests high volalility. |
| Average Directional Index/ADX (14) | 43.87 | 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)
5.08
+0.01 (+0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.2%
1 Week-6.1%
2 Weeks10.68%
1 Month-24.35%
3 Month-63.03%
6 Month-60.28%
12 Month-75.11%
2 Year-92.56%
3 Year-81.29%
5 Year-51.43%
10 Year-90.35%
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%8.9%
ATR Inc-60.51%
Range Today0.2
ADR(20)0.39
ADR(20)%7.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.38
Mansfield-6.83
10 Day High5.53
10 Day Low4.53
20 Day High7.59
20 Day Low4.32
52 Week High25.42
52 Week Low4.32
CS1 EndN/A
CR1 Start5.42
Volume & EV
DER(3)0.12%
DER(5)-0.11%
Volume806.30K
Volume Incr-53.31%
Vol(5)1.06M
Vol(50)1.63M