PROVENTION BIO INC (PRVB) Stock Technical Analysis
NASDAQ:PRVB - Nasdaq - US74374N1028 - Common Stock - Currency: USD
Overall PRVB gets a technical rating of 10 out of 10. Both in the recent history as in the last year, PRVB has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that PRVB is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by PRVB over the past year are nicely spread over this period.
PRVB is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 99% of 197 stocks in the same industry.
PRVB is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PRVB is leading the market.
PRVB has an average volume of 2918380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PRVB has a been trading in a tight range between 23.92 and 25.00.
Although PRVB has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
23.99
25.23
When analyzing the support we notice one important area.
- A support zone ranging from 24.23 to 24.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for PRVB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRVB is up. |
| ChartMill Relative Strength | 99.85 | POSITIVE | PRVB has a high relative strength, it outperformed 99.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRVB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PRVB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRVB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 80.19 | OVERBOUGHT | The high RSI value suggests PRVB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests PRVB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.85 | NEUTRAL | The Stochastics value for PRVB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.84 | LOW VOLATILITY | The low ATR as a percentage value for PRVB suggests low volalility. |
| Average Directional Index/ADX (14) | 66.57 | POSITIVE | The high ADX value value for PRVB 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)
24.98
+0.75 (+3.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg3.1%
1 Week2.21%
2 Weeks2.93%
1 Month4.26%
3 Month184.84%
6 Month274.51%
12 Month456.35%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%0.84%
ATR Inc218.78%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.85
Mansfield17.54
10 Day High25
10 Day Low24.2
20 Day High25
20 Day Low23.92
52 Week High25
52 Week Low3.19
CS1 End24.41
CR1 StartN/A
Volume & EV
DER(3)-1.06%
DER(5)-2.12%
Volume9.12M
Volume Incr66.77%
Vol(5)3.57M
Vol(50)2.92M