PAREXEL INTL CORP (PRXL) Stock Technical Analysis
NASDAQ:PRXL • US6994621075
Taking everything into account, PRXL scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PRXL is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- PRXL is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When comparing the yearly performance of all stocks, we notice that PRXL is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month PRXL has a been trading in a tight range between 87.69 and 88.10.
- Volume is considerably higher in the last couple of days.
PRXL has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 88.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 88.03, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
66.29
2 important support areas can be observed.
- A support zone ranging from 86.45 to 88.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @66.96 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 88.09 to 88.10. This zone is formed by a combination of multiple trend lines 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 PRXL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRXL is up. |
| ChartMill Relative Strength | 76.56 | POSITIVE | PRXL has a high relative strength, it outperformed 76.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRXL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PRXL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRXL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.98 | NEUTRAL | The RSI value for PRXL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PRXL has a negative trend. |
| Stochastics (14,3) | 94.48 | OVERBOUGHT | The high Stochastics value suggests PRXL may be overbought. |
| Average True Range in percent/ATR (20) | 0.08 | LOW VOLATILITY | The low ATR as a percentage value for PRXL suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 88.11 | 87.95 | 0.16 (0.18%) | 25.00% |
| An entry @88.11. This is a Buy Stop order right above the resistance zone. | An exit @87.95. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.16 points, which is 0.18%. | For a 0.05% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
88.08
-0.02 (-0.02%)
PAREXEL INTL CORP / PRXL FAQ
What is the technical rating for PRXL stock?
ChartMill assigns a technical rating of 7 / 10 to PRXL.
What is the trend direction for PRXL stock?
The current trend direction for PAREXEL INTL CORP (PRXL) is Bullish.
What is the RSI signal for PAREXEL INTL CORP (PRXL) stock?
PAREXEL INTL CORP (PRXL) has an RSI value of 68.9786. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PAREXEL INTL CORP?
The MACD indicator for PAREXEL INTL CORP (PRXL) has a value of -0.0127246, indicating a bearish trend.
Can you provide the support and resistance levels for PAREXEL INTL CORP?
PAREXEL INTL CORP (PRXL) has a support level at 88.03 and a resistance level at 88.09. Check the full technical report for our detailed analysis of PRXL support and resistance levels.