PLUS THERAPEUTICS INC (PSTV) Technical Analysis
NASDAQ:PSTV • US72941H5090
Current stock price
PSTV Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to PSTV. Recently some decent action could be observed, but in the medium term time frame this is still negative. PSTV was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, PSTV is a bad performer in the overall market: 89% of all stocks are doing better.
- PSTV is one of the lesser performing stocks in the Biotechnology industry. 71% of 516 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.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month PSTV has a been trading in the 2.90 - 8.00 range, which is quite wide. It is currently trading near the high of this range.
- PSTV has an average volume of 4141220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PSTV Weekly and Daily overview Charts
PSTV Setup Rating and Analysis
PSTV has an average technical rating and it also does not offer a high 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
PSTV Support and Resistance Analysis
7.54
4 important resistance areas can be observed.
- Resistance @7.63 from a horizontal line in the weekly time frame.
- Resistance @8.11 from a horizontal line in the daily time frame.
- Resistance @9.75 from a trend line in the weekly time frame.
- Resistance @14.16 from a trend line in the weekly time frame.
PSTV 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 PSTV is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PSTV is up. |
| ChartMill Relative Strength | 11.83 | NEGATIVE | PSTV has a low relative strength, it was outperformed by 88.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PSTV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PSTV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PSTV is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67 | NEUTRAL | The RSI value for PSTV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests PSTV has a positive trend. |
| Stochastics (14,3) | 93.47 | OVERBOUGHT | The high Stochastics value suggests PSTV may be overbought. |
| Average True Range in percent/ATR (20) | 9.84 | HIGH VOLATILITY | The high ATR as a percentage value for PSTV suggests high volalility. |
| Average Directional Index/ADX (14) | 27.98 | POSITIVE | The high ADX value value for PSTV suggests a strong trend. |
PSTV Chart- and CandleStick Pattern Analysis
PSTV Technicals: Chart, Performance Metrics, Trend & Indicators
7.62
+0.48 (+6.72%)
PLUS THERAPEUTICS INC / PSTV TA FAQ
What is the technical rating for PSTV stock?
ChartMill assigns a technical rating of 4 / 10 to PSTV.
What is the current trend direction of PLUS THERAPEUTICS INC (PSTV) stock?
The current trend direction for PLUS THERAPEUTICS INC (PSTV) is Bearish.
Can you provide the RSI signal for PLUS THERAPEUTICS INC?
PLUS THERAPEUTICS INC (PSTV) has an RSI value of 67.0001. This indicates that the stock is currently neutral.
What is the buy/sell signal for PLUS THERAPEUTICS INC (PSTV) stock?
The buy/sell signal for PLUS THERAPEUTICS INC (PSTV) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for PLUS THERAPEUTICS INC (PSTV) stock?
PLUS THERAPEUTICS INC (PSTV) has a resistance level at 7.63. Check the full technical report for our detailed analysis of PSTV support and resistance levels.