POLYPID LTD (PYPD) Stock Technical Analysis
NASDAQ:PYPD - Nasdaq - IL0011326795 - Common Stock - Currency: USD
Overall PYPD gets a technical rating of 8 out of 10. Although PYPD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
PYPD is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 74% of 195 stocks in the same industry.
In the last month PYPD has a been trading in the 2.44 - 3.93 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, PYPD did better than 74% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
PYPD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PYPD is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although PYPD has an excellent technical rating, it 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
2.41
3.79
When analyzing the support we can see 5 important areas.
- Support @3.42 from a trend line in the daily time frame.
- A support zone ranging from 3.27 to 3.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.62 from a trend line in the daily time frame.
- Support @2.52 from a horizontal line in the daily time frame.
- Support @2.43 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.75 to 3.75. 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 PYPD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PYPD is up. |
| ChartMill Relative Strength | 74.39 | POSITIVE | PYPD has a high relative strength, it outperformed 74.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PYPD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PYPD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PYPD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.55 | NEUTRAL | The RSI value for PYPD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PYPD has a positive trend. |
| Stochastics (14,3) | 77.3 | NEUTRAL | The Stochastics value for PYPD is a neutral value. |
| Average True Range in percent/ATR (20) | 8.26 | HIGH VOLATILITY | The high ATR as a percentage value for PYPD suggests high volalility. |
| Average Directional Index/ADX (14) | 29.79 | POSITIVE | The high ADX value value for PYPD 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)
3.74
+0.16 (+4.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg4.47%
1 Week5.95%
2 Weeks6.86%
1 Month46.67%
3 Month36.5%
6 Month29.41%
12 Month-13.02%
2 Year-65.84%
3 Year-97.31%
5 Year-99.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%8.26%
ATR Inc-38.96%
Range Today0.19
ADR(20)0.29
ADR(20)%7.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.39
Mansfield1.07
10 Day High3.75
10 Day Low3.12
20 Day High3.93
20 Day Low2.44
52 Week High4.49
52 Week Low2.3
CS1 End3.42
CR1 Start3.75
Volume & EV
DER(3)2.71%
DER(5)-5.05%
Volume225.00K
Volume Incr-74.58%
Vol(5)337.83K
Vol(50)577.71K