PULM Technical Analysis - PULMATRIX INC

Technical Rating and Analysis

Overall PULM gets a technical rating of 4 out of 10. Although PULM 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.

PULM is part of the Pharmaceuticals industry. There are 195 other stocks in this industry. PULM outperforms 96% of them.

The long term trend is neutral, but the short term trend is negative. Better to stay away from this!

Looking at the yearly performance, PULM did better than 98% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.

PULM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PULM is lagging the market.

In the last month PULM has a been trading in the 4.66 - 9.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

PULM has an average technical rating and the quality of the presented setup is also not ideal 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

6.76

9.01

We found 1 important support area.

Support @6.83 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

Resistance @8.46 from a trend line in the daily time frame.
A resistance zone ranging from 8.81 to 8.92. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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	NEUTRAL	NEUTRAL	The long term trend for PULM is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for PULM is down.
ChartMill Relative Strength	98.12	POSITIVE	PULM has a high relative strength, it outperformed 98.12% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of PULM is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of PULM is below the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of PULM is above the rising SMA(200).
Relative Strength Index/RSI (14)	43.29	NEUTRAL	The RSI value for PULM is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.23	NEGATIVE	The MACD value suggests PULM has a negative trend, although the MACD value is rising.
Stochastics (14,3)	49.98	NEUTRAL	The Stochastics value for PULM is a neutral value.
Average True Range in percent/ATR (20)	11.59	HIGH VOLATILITY	The high ATR as a percentage value for PULM suggests high volalility.
Average Directional Index/ADX (14)	27.44	POSITIVE	The high ADX value value for PULM suggests a strong trend.