PROVENTION BIO INC (PRVB) Technical Analysis
NASDAQ:PRVB • US74374N1028
Current stock price
PRVB Technical Rating and Analysis
Taking everything into account, PRVB scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PRVB is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, PRVB did better than 99% of all other stocks. On top of that, PRVB also shows a nice and consistent pattern of rising prices.
- PRVB is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 99% of 191 stocks in the same industry.
- A new 52 week high is currently being made by PRVB, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- 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.
PRVB Weekly and Daily overview Charts
PRVB Setup Rating and Analysis
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
PRVB Support and Resistance Analysis
23.99
We found 1 important support 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.
PRVB Technical Indicator Signal Analysis
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. |
PRVB Chart- and CandleStick Pattern Analysis
PRVB Technicals: Chart, Performance Metrics, Trend & Indicators
24.98
+0.75 (+3.1%)
PROVENTION BIO INC / PRVB TA FAQ
What is the technical rating for PRVB stock?
ChartMill assigns a technical rating of 10 / 10 to PRVB.
What is the current trend direction of PROVENTION BIO INC (PRVB) stock?
The current trend direction for PROVENTION BIO INC (PRVB) is Bullish.
What is the RSI signal for PROVENTION BIO INC (PRVB) stock?
PROVENTION BIO INC (PRVB) has an RSI value of 80.187. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for PROVENTION BIO INC?
The buy/sell signal for PROVENTION BIO INC (PRVB) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for PROVENTION BIO INC?
PROVENTION BIO INC (PRVB) has a support level at 24.41. Check the full technical report for our detailed analysis of PRVB support and resistance levels.