PARAZERO TECHNOLOGIES LTD (PRZO) Technical Analysis
NASDAQ:PRZO • IL0011857013
Current stock price
PRZO Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to PRZO. PRZO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, PRZO is a bad performer in the overall market: 70% of all stocks are doing better.
- PRZO is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, of which 62% are performing better than PRZO.
- PRZO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PRZO is lagging the market.
- In the last month PRZO has a been trading in the 0.73 - 1.39 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- PRZO has an average volume of 1107920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PRZO Weekly and Daily overview Charts
PRZO Setup Rating and Analysis
The technical rating of PRZO is bad and it also does not present a 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.
More info and screens
PRZO Support and Resistance Analysis
0.67
When analyzing the support we notice one important area.
- Support @0.68 from a trend line in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @1.21 from a trend line in the weekly time frame.
- Resistance @1.24 from a trend line in the daily time frame.
- Resistance @1.42 from a trend line in the daily time frame.
- Resistance @1.47 from a horizontal line in the daily time frame.
PRZO 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 | DOWN | NEGATIVE | The long term trend for PRZO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PRZO is down. |
| ChartMill Relative Strength | 30.11 | NEUTRAL | PRZO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRZO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PRZO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PRZO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.53 | OVERSOLD | The low RSI value suggests PRZO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests PRZO has a negative trend. |
| Stochastics (14,3) | 12.32 | OVERSOLD | The low Stochastics value suggests PRZO may be oversold. |
| Average True Range in percent/ATR (20) | 15.42 | HIGH VOLATILITY | The high ATR as a percentage value for PRZO suggests high volalility. |
| Average Directional Index/ADX (14) | 19.8 | NEGATIVE | The low ADX value for PRZO suggests a weak or negative trend. |
PRZO Chart- and CandleStick Pattern Analysis
PRZO Technicals: Chart, Performance Metrics, Trend & Indicators
0.781
-0.04 (-5.26%)
PARAZERO TECHNOLOGIES LTD / PRZO TA FAQ
What is the ChartMill technical rating of PARAZERO TECHNOLOGIES LTD (PRZO) stock?
ChartMill assigns a technical rating of 0 / 10 to PRZO.
Can you provide the trend direction for PARAZERO TECHNOLOGIES LTD?
The current trend direction for PARAZERO TECHNOLOGIES LTD (PRZO) is Bearish.
What is the RSI signal for PRZO stock?
PARAZERO TECHNOLOGIES LTD (PRZO) has an RSI value of 29.5283. This indicates that the stock is currently oversold.
What is the short term momentum for PRZO stock?
The short term momentum for PARAZERO TECHNOLOGIES LTD (PRZO) is negative.
Can you provide the buy/sell signal for PARAZERO TECHNOLOGIES LTD?
The buy/sell signal for PARAZERO TECHNOLOGIES LTD (PRZO) is sell as both the short term and long term trends are negative.