PROTHENA CORP PLC (PRTA) Stock Technical Analysis
NASDAQ:PRTA - Nasdaq - IE00B91XRN20 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to PRTA. Recently some decent action could be observed, but in the medium term time frame this is still negative. PRTA was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, PRTA is a bad performer in the overall market: 96% of all stocks are doing better.
PRTA is part of the Biotechnology industry. There are 551 other stocks in this industry, of which 75% are performing better than PRTA.
PRTA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PRTA is lagging the market.
PRTA has an average volume of 1679780 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.
In the last month PRTA has a been trading in the 6.16 - 7.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, PRTA does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
6.15
16.37
When analyzing the support we can see 2 important areas.
- A support zone ranging from 6.73 to 6.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.21 to 6.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- Resistance @6.82 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 6.94 to 7.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.59 from a trend line in the weekly time frame.
- Resistance @12.27 from a trend line in the daily time frame.
- Resistance @13.21 from a trend line in the weekly time frame.
- Resistance @16.21 from a horizontal line in the daily 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 | 4.2 | NEGATIVE | PRTA has a low relative strength, it was outperformed by 95.8% off all stocks 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) | DOWN | MIXED | The current price of PRTA is above 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) | 59.65 | NEUTRAL | The RSI value for PRTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PRTA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.26 | NEUTRAL | The Stochastics value for PRTA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.46 | MEDIUM VOLATILITY | The ATR as a percentage value for PRTA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.16 | 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)
6.81
-0.06 (-0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.87%
1 Week1.95%
2 Weeks8.79%
1 Month5.83%
3 Month-19.88%
6 Month-52.14%
12 Month-67.8%
2 Year-87.11%
3 Year-75.3%
5 Year-47.45%
10 Year-88.16%
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%4.46%
ATR Inc6.5%
Range Today0.26
ADR(20)0.3
ADR(20)%4.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.2
Mansfield-5.2
10 Day High7.33
10 Day Low6.24
20 Day High7.33
20 Day Low6.16
52 Week High23.66
52 Week Low4.32
CS1 End6.8
CR1 Start6.82
Volume & EV
DER(3)0.59%
DER(5)2%
Volume859.90K
Volume Incr-0.71%
Vol(5)925.00K
Vol(50)1.68M