PYPD Technical Analysis - POLYPID LTD

Technical Rating and Analysis

Overall PYPD gets a technical rating of 3 out of 10. In the last year, PYPD was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.

When comparing the yearly performance of all stocks, PYPD is a bad performer in the overall market: 80% of all stocks are doing better.

In the last month PYPD has a been trading in the 3.30 - 3.56 range, which is quite wide. It is currently trading near the lows of this range.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.

PYPD is part of the Pharmaceuticals industry. There are 196 other stocks in this industry, PYPD did better than 46% of them.

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.

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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

Although the technical rating is bad, PYPD does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 3.28, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

3.18

3.85

When analyzing the support we can see 2 important areas.

Support @3.28 from a horizontal line in the daily time frame.
A support zone ranging from 3.21 to 3.21. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

A resistance zone ranging from 3.35 to 3.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @3.62 from a horizontal line in the weekly time frame.
Resistance @3.69 from a horizontal line in the weekly time frame.
Resistance @3.81 from a horizontal line in the daily time frame.

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What is Support and Resistance

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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	UP	POSITIVE	The long term trend for PYPD is up.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for PYPD is neutral.
ChartMill Relative Strength	20.07	NEGATIVE	PYPD has a low relative strength, it was outperformed by 79.93% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of PYPD is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of PYPD is below a declining 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)	42.87	NEUTRAL	The RSI value for PYPD is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests PYPD has a negative trend.
Stochastics (14,3)	26.16	NEUTRAL	The Stochastics value for PYPD is a neutral value.
Average True Range in percent/ATR (20)	3.72	MEDIUM VOLATILITY	The ATR as a percentage value for PYPD suggests some volalility.
Average Directional Index/ADX (14)	9.43	NEGATIVE	The low ADX value for PYPD suggests a weak or negative trend.