PLUS THERAPEUTICS INC (PSTV) Stock Technical Analysis
USA - NASDAQ:PSTV - US72941H5090 - Common Stock
0.6195 USD
+0.04 (+6.94%)
0.6399 USD
+0.02 (+3.29%)
Taking everything into account, PSTV scores 4 out of 10 in our technical rating. PSTV performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, PSTV is a bad performer in the overall market: 88% of all stocks are doing better.
PSTV is one of the lesser performing stocks in the Biotechnology industry. 66% of 534 stocks in the same industry do better.
PSTV is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
PSTV has an average volume of 22869500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month PSTV has a been trading in the 0.39 - 0.94 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.
Although the technical rating is only medium, PSTV does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. 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
0.44
0.89
We found 4 important support areas.
- Support @0.57 from a horizontal line in the daily time frame.
- Support @0.50 from a trend line in the weekly time frame.
- Support @0.47 from a trend line in the daily time frame.
- Support @0.44 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @0.65 from a trend line in the weekly time frame.
- Resistance @0.71 from a trend line in the weekly time frame.
- Resistance @0.84 from a trend line in the daily time frame.
- Resistance @0.88 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 | NEUTRAL | NEUTRAL | The long term trend for PSTV is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PSTV is neutral. |
| ChartMill Relative Strength | 12.91 | NEGATIVE | PSTV has a low relative strength, it was outperformed by 87.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PSTV is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PSTV is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PSTV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.39 | NEUTRAL | The RSI value for PSTV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PSTV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.31 | OVERSOLD | The low Stochastics value suggests PSTV may be oversold. |
| Average True Range in percent/ATR (20) | 17.68 | HIGH VOLATILITY | The high ATR as a percentage value for PSTV suggests high volalility. |
| Average Directional Index/ADX (14) | 23.46 | NEUTRAL | The ADX value for PSTV suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.6195
+0.04 (+6.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg6.94%
1 Week-11.89%
2 Weeks-24.55%
1 Month53.38%
3 Month16.93%
6 Month-21.37%
12 Month-54.11%
2 Year-49.22%
3 Year-91.21%
5 Year-98.13%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%17.68%
ATR Inc7.62%
Range Today0.1
ADR(20)0.09
ADR(20)%14.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.91
Mansfield-3.14
10 Day High0.81
10 Day Low0.56
20 Day High0.94
20 Day Low0.39
52 Week High2.31
52 Week Low0.16
CS1 End0.57
CR1 Start0.65
Volume & EV
DER(3)-7.28%
DER(5)-11.13%
Volume24.68M
Volume Incr-73.9%
Vol(5)11.78M
Vol(50)22.87M