PRX Technical Analysis - PROSUS NV

Technical Rating and Analysis

Overall PRX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, PRX 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!

Looking at the yearly performance, PRX did better than 91% of all other stocks. On top of that, PRX also shows a nice and consistent pattern of rising prices.

PRX is part of the Broadline Retail industry. There are 12 other stocks in this industry. PRX outperforms 90% of them.

PRX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month PRX has a been trading in the 52.20 - 61.86 range, which is quite wide. It is currently trading near the high of this range.

PRX has an average volume of 2090320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although PRX has an excellent technical rating, it does not offer a high 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

37.53

61.73

When analyzing the support we can see 5 important areas.

A support zone ranging from 53.69 to 54.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @51.12 from a trend line in the daily time frame.
Support @45.16 from a horizontal line in the daily time frame.
Support @40.23 from a trend line in the weekly time frame.
Support @37.91 from a trend line in the weekly time frame.

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What is Support and Resistance

Support and Resistance indicators

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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 PRX.AS is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for PRX.AS is up.
ChartMill Relative Strength	91.7	POSITIVE	PRX.AS has a high relative strength, it outperformed 91.7% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of PRX.AS is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of PRX.AS is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of PRX.AS is above the rising SMA(200).
Relative Strength Index/RSI (14)	82.14	OVERBOUGHT	The high RSI value suggests PRX.AS may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.38	POSITIVE	The MACD value suggests PRX.AS has a positive trend.
Stochastics (14,3)	92.48	OVERBOUGHT	The high Stochastics value suggests PRX.AS may be overbought.
Average True Range in percent/ATR (20)	1.93	LOW VOLATILITY	The low ATR as a percentage value for PRX.AS suggests low volalility.
Average Directional Index/ADX (14)	44.11	POSITIVE	The high ADX value value for PRX.AS suggests a strong trend.