Overall PYPD gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PYPD is showing a nice and steady performance.
Besides having an excellent technical rating, PYPD also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 3.97. Right above this resistance zone may be a good entry point.
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3.18
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.57 to 3.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.41 to 3.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.21 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.97 to 4.02. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 83.34 | POSITIVE | PYPD has a high relative strength, it outperformed 83.34% 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) | 56.61 | 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) | 72.01 | NEUTRAL | The Stochastics value for PYPD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.39 | MEDIUM VOLATILITY | The ATR as a percentage value for PYPD suggests some volalility. |
| Average Directional Index/ADX (14) | 20.43 | NEUTRAL | The ADX value for PYPD suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.03 | 3.85 | 0.18 (4.47%) | 22.39% |
| An entry @4.03. This is a Buy Stop order right above the resistance zone. | An exit @3.85. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.18 points, which is 4.47%. | For a 1.00% total portfolio risk, you can invest 22.39% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PYPD. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
3.92
-0.01 (-0.25%)
POLYPID LTD / PYPD FAQ
What is the technical rating for PYPD stock?
ChartMill assigns a technical rating of 10 / 10 to PYPD.
What is the current trend direction of POLYPID LTD (PYPD) stock?
The current trend direction for POLYPID LTD (PYPD) is Bullish.
Can you provide the RSI signal for POLYPID LTD?
POLYPID LTD (PYPD) has an RSI value of 56.6093. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for POLYPID LTD?
The buy/sell signal for POLYPID LTD (PYPD) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for POLYPID LTD (PYPD) stock?
POLYPID LTD (PYPD) has a support level at 3.58 and a resistance level at 3.97. Check the full technical report for our detailed analysis of PYPD support and resistance levels.