PROTHENA CORP PLC (PRTA) Stock Technical Analysis
NASDAQ:PRTA - Nasdaq - IE00B91XRN20 - Common Stock - Currency: USD
Overall PRTA gets a technical rating of 2 out of 10. 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.
98% of all other stocks performed better in the past year than PRTA.
PRTA is one of the lesser performing stocks in the Biotechnology industry. 83% of 558 stocks in the same industry do better.
PRTA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month PRTA has a been trading in the 4.95 - 6.77 range, which is quite wide. It is currently trading near the high of this range.
PRTA has an average volume of 2050150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
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 and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 6.39, a Stop Loss order could be placed below this zone.
More info and screens
6.33
12.87
We found 1 important support area.
- A support zone ranging from 6.39 to 6.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- Resistance @6.44 from a horizontal line in the weekly time frame.
- Resistance @6.59 from a horizontal line in the daily time frame.
- Resistance @7.53 from a trend line in the weekly time frame.
- Resistance @10.16 from a trend line in the weekly time frame.
- Resistance @12.74 from a trend 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 | 2.45 | NEGATIVE | PRTA has a low relative strength, it was outperformed by 97.55% 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) | 55.48 | NEUTRAL | The RSI value for PRTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests PRTA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.52 | NEUTRAL | The Stochastics value for PRTA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.74 | HIGH VOLATILITY | The high ATR as a percentage value for PRTA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.82 | 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)
6.43
+0.03 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.47%
1 Week2.23%
2 Weeks5.76%
1 Month26.82%
3 Month-30.11%
6 Month-53.3%
12 Month-72.73%
2 Year-90.66%
3 Year-79.3%
5 Year-47.47%
10 Year-90.25%
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%5.74%
ATR Inc-42.28%
Range Today0.17
ADR(20)0.35
ADR(20)%5.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.45
Mansfield-5.72
10 Day High6.77
10 Day Low5.96
20 Day High6.77
20 Day Low4.95
52 Week High25.42
52 Week Low4.32
CS1 End6.39
CR1 Start6.44
Volume & EV
DER(3)-0.18%
DER(5)0.87%
Volume792.50K
Volume Incr-56.66%
Vol(5)777.82K
Vol(50)2.05M