PARAZERO TECHNOLOGIES LTD (PRZO) Technical Analysis
NASDAQ:PRZO • IL0011857013
Current stock price
PRZO Technical Rating and Analysis
Overall PRZO gets a technical rating of 0 out of 10. 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: 90% 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 73% are performing better than PRZO.
- PRZO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- PRZO has an average volume of 1069420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month PRZO has a been trading in the 0.65 - 0.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
PRZO Weekly and Daily overview Charts
PRZO Setup Rating and Analysis
PRZO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
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 horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- Resistance @0.76 from a horizontal line in the daily time frame.
- Resistance @1.10 from a trend line in the weekly time frame.
- Resistance @1.12 from a trend line in the daily time frame.
- Resistance @1.18 from a trend line in the weekly time frame.
- Resistance @1.38 from a trend 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 | 10.91 | NEGATIVE | PRZO has a low relative strength, it was outperformed by 89.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PRZO is above 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) | 44.65 | NEUTRAL | The RSI value for PRZO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PRZO has a positive trend. |
| Stochastics (14,3) | 38.52 | NEUTRAL | The Stochastics value for PRZO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.54 | HIGH VOLATILITY | The high ATR as a percentage value for PRZO suggests high volalility. |
| Average Directional Index/ADX (14) | 33.56 | POSITIVE | The high ADX value value for PRZO suggests a strong trend. |
PRZO Chart- and CandleStick Pattern Analysis
PRZO Technicals: Chart, Performance Metrics, Trend & Indicators
0.7295
-0.01 (-1.02%)
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 PARAZERO TECHNOLOGIES LTD (PRZO) stock?
PARAZERO TECHNOLOGIES LTD (PRZO) has an RSI value of 44.6498. This indicates that the stock is currently neutral.
What is the MACD signal for PARAZERO TECHNOLOGIES LTD (PRZO) stock?
The MACD indicator for PARAZERO TECHNOLOGIES LTD (PRZO) has a value of 0.0157573, indicating a bearish trend.
What is the short term momentum for PARAZERO TECHNOLOGIES LTD (PRZO) stock?
The short term momentum for PARAZERO TECHNOLOGIES LTD (PRZO) is negative.