POSEIDA THERAPEUTICS INC (PSTX) Stock Technical Analysis
NASDAQ:PSTX - Nasdaq - US73730P1084 - Common Stock - Currency: USD
Overall PSTX gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PSTX is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
PSTX is part of the Biotechnology industry. There are 559 other stocks in this industry. PSTX outperforms 98% of them.
PSTX is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PSTX is leading the market.
PSTX has an average volume of 1996100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, PSTX did better than 98% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month PSTX has a been trading in a tight range between 9.35 and 9.67.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, PSTX also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 9.50, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
9.30
9.71
We found 1 important support area.
- A support zone ranging from 9.39 to 9.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.51 to 9.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for PSTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PSTX is up. |
| ChartMill Relative Strength | 98.96 | POSITIVE | PSTX has a high relative strength, it outperformed 98.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PSTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PSTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PSTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.33 | OVERBOUGHT | The high RSI value suggests PSTX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests PSTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 56.43 | NEUTRAL | The Stochastics value for PSTX is a neutral value. |
| Average True Range in percent/ATR (20) | 1.22 | LOW VOLATILITY | The low ATR as a percentage value for PSTX suggests low volalility. |
| Average Directional Index/ADX (14) | 67.45 | POSITIVE | The high ADX value value for PSTX suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.62 | 9.38 | 0.24 (2.49%) | 25.00% |
| An entry @9.62. This is a Buy Stop order right above the resistance zone. | An exit @9.38. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.24 points, which is 2.49%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.62%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
9.5
-0.06 (-0.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.63%
1 Week0.21%
2 Weeks0.53%
1 Month1.5%
3 Month278.49%
6 Month182.74%
12 Month211.48%
2 Year36.49%
3 Year100%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%1.22%
ATR Inc19.27%
Range Today0.18
ADR(20)0.11
ADR(20)%1.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.96
Mansfield13.02
10 Day High9.67
10 Day Low9.36
20 Day High9.67
20 Day Low9.35
52 Week High9.67
52 Week Low1.87
CS1 End9.5
CR1 Start9.51
Volume & EV
DER(3)-2.69%
DER(5)-1.26%
Volume21.42M
Volume Incr453.05%
Vol(5)6.16M
Vol(50)2.00M