PROTAGONIST THERAPEUTICS INC (PTGX) Stock Technical Analysis
NASDAQ:PTGX - Nasdaq - US74366E1029 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to PTGX. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, PTGX did better than 96% of all other stocks. On top of that, PTGX also shows a nice and consistent pattern of rising prices.
PTGX is one of the better performing stocks in the Biotechnology industry, it outperforms 94% of 563 stocks in the same industry.
PTGX has an average volume of 1371680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PTGX is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month PTGX has a been trading in the 39.60 - 48.32 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.
Besides having an excellent technical rating, PTGX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 45.66. Right above this resistance zone may be a good entry point.
More info and screens
35.43
47.43
6 important support areas can be observed.
- A support zone ranging from 44.33 to 45.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @43.61 from a trend line in the daily time frame.
- Support @42.61 from a horizontal line in the weekly time frame.
- A support zone ranging from 40.61 to 40.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 38.65 to 38.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @35.79 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 45.66 to 46.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.11
Mansfield1.19
10 Day High47.35
10 Day Low43.49
20 Day High48.32
20 Day Low39.6
52 Week High60.6
52 Week Low25.23
Performance
1 Week2.29%
2 Weeks-1.66%
1 Month-2.13%
3 Month20.4%
6 Month-2.67%
12 Month74.43%
2 Year74.57%
3 Year419.52%
5 Year175.32%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)49.68
LBB44.15
UBB46.92
45.51
+0.52 (+1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.16%
1 Week2.29%
2 Weeks-1.66%
1 Month-2.13%
3 Month20.4%
6 Month-2.67%
12 Month74.43%
2 Year74.57%
3 Year419.52%
5 Year175.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.88
ATR(20)%5.05%
ATR Inc-7.73%
Range Today1.3
ADR(20)2.27
ADR(20)%4.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.11
Mansfield1.19
10 Day High47.35
10 Day Low43.49
20 Day High48.32
20 Day Low39.6
52 Week High60.6
52 Week Low25.23
CS1 End45.35
CR1 Start45.66
Volume & EV
DER(3)-0.83%
DER(5)-1.17%
Volume644.00K
Volume Incr-36.54%
Vol(5)818.26K
Vol(50)1.37M