Pure Bioscience (PURE) Technical Analysis
NASDAQ:PURE
Current stock price
PURE Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to PURE. PURE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, PURE is a bad performer in the overall market: 62% of all stocks are doing better.
- PURE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PURE is lagging the market.
- In the last month PURE has a been trading in the 0.37 - 0.58 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
PURE Weekly and Daily overview Charts
PURE Setup Rating and Analysis
The technical rating of PURE is bad and it also does not present a quality setup at the moment.
More info and screens
PURE Support and Resistance Analysis
0.37
When analyzing the resistance we notice one important area.
- Resistance @0.55 from a trend line in the daily time frame.
PURE 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 PURE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PURE is down. |
| ChartMill Relative Strength | 38.92 | NEUTRAL | PURE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PURE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PURE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PURE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.67 | OVERSOLD | The low RSI value suggests PURE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PURE has a negative trend. |
| Average True Range in percent/ATR (20) | 11.62 | HIGH VOLATILITY | The high ATR as a percentage value for PURE suggests high volalility. |
PURE Chart- and CandleStick Pattern Analysis
PURE Technicals: Chart, Performance Metrics, Trend & Indicators
0.37
-0.07 (-15.91%)
Pure Bioscience / PURE TA FAQ
What is the technical rating for PURE stock?
ChartMill assigns a technical rating of 0 / 10 to PURE.
What is the trend direction for PURE stock?
The current trend direction for Pure Bioscience (PURE) is Bearish.
What is the RSI signal for PURE stock?
Pure Bioscience (PURE) has an RSI value of 25.6727. This indicates that the stock is currently oversold.
What is the MACD signal for Pure Bioscience (PURE) stock?
The MACD indicator for Pure Bioscience (PURE) has a value of -0.00731187, indicating a bearish trend.
Can you provide the buy/sell signal for Pure Bioscience?
The buy/sell signal for Pure Bioscience (PURE) is sell as both the short term and long term trends are negative.