PARAZERO TECHNOLOGIES LTD (PRZO) Stock Technical Analysis
USA - NASDAQ:PRZO - IL0011857013 - Common Stock
We assign a technical rating of 3 out of 10 to PRZO. Although PRZO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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
0.57
3 important support areas can be observed.
- Support @1.25 from a horizontal line in the weekly time frame.
- Support @1.23 from a horizontal line in the daily time frame.
- Support @0.58 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.58 from a trend line in the weekly time frame.
- Resistance @1.81 from a trend line in the daily time frame.
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 | 94.1 | POSITIVE | PRZO has a high relative strength, it outperformed 94.1% off all stocks 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 | MIXED | The current price of PRZO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.16 | NEUTRAL | The RSI value for PRZO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PRZO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.2 | NEUTRAL | The Stochastics value for PRZO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.75 | HIGH VOLATILITY | The high ATR as a percentage value for PRZO suggests high volalility. |
| Average Directional Index/ADX (14) | 20.85 | NEUTRAL | The ADX value for PRZO suggests a possible start of a new trend. |
1.39
+0.14 (+11.2%)
PARAZERO TECHNOLOGIES LTD / PRZO FAQ
What is the ChartMill technical rating of PARAZERO TECHNOLOGIES LTD (PRZO) stock?
ChartMill assigns a technical rating of 3 / 10 to PRZO.
What is the current trend direction of PARAZERO TECHNOLOGIES LTD (PRZO) stock?
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 46.1598. 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 -0.0167766, indicating a bearish trend.
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.