PSYENCE BIOMEDICAL LTD (PBM) Technical Analysis
NASDAQ:PBM • CA74449F4078
Current stock price
7.6 USD
+1.73 (+29.47%)
At close:
13.62 USD
+6.02 (+79.21%)
Pre-Market:
PBM Technical Rating and Analysis
Overall PBM gets a technical rating of 5 out of 10. PBM has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- PBM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month PBM has a been trading in the 2.26 - 10.53 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- PBM has an average volume of 2194860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- When compared to the yearly performance of all other stocks, PBM outperforms 57% of them, which is more or less in line with the market.
- PBM is an average performer in the Biotechnology industry, it outperforms 46% of 516 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PBM Weekly and Daily overview Charts
PBM Setup Rating and Analysis
PBM has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
PBM Support and Resistance Analysis
PBM 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 PBM is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PBM is up. |
| ChartMill Relative Strength | 57.38 | NEUTRAL | PBM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PBM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PBM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PBM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 92.19 | OVERBOUGHT | The high RSI value suggests PBM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.48 | POSITIVE | The MACD value suggests PBM has a positive trend. |
| Stochastics (14,3) | 67.08 | NEUTRAL | The Stochastics value for PBM is a neutral value. |
| Average True Range in percent/ATR (20) | 9.92 | HIGH VOLATILITY | The high ATR as a percentage value for PBM suggests high volalility. |
| Average Directional Index/ADX (14) | 30.69 | POSITIVE | The high ADX value value for PBM suggests a strong trend. |
PBM Chart- and CandleStick Pattern Analysis
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)
PBM Technicals: Chart, Performance Metrics, Trend & Indicators
7.6
+1.73 (+29.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg29.47%
1 Week184.64%
2 Weeks207.69%
1 Month223.4%
3 Month89.05%
6 Month-64.02%
12 Month-63.72%
2 Year-99.76%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.02
ATR(20)%9.92%
ATR Inc2906.24%
Range Today3.42
ADR(20)0.68
ADR(20)%9.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.38
3 months CRS98.87
6 months CRS5.03
Mansfield-5.89
10 Day High10.53
10 Day Low2.4
20 Day High10.53
20 Day Low2.26
52 Week High71.94
52 Week Low1.92
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)5.06%
DER(5)0.39%
Volume50.51M
Volume Incr118045.49%
Vol(5)20.87M
Vol(50)2.19M
PSYENCE BIOMEDICAL LTD / PBM TA FAQ
Can you provide the ChartMill technical rating for PSYENCE BIOMEDICAL LTD?
ChartMill assigns a technical rating of 5 / 10 to PBM.
What is the trend direction for PBM stock?
The current trend direction for PSYENCE BIOMEDICAL LTD (PBM) is Bearish.
What is the RSI signal for PSYENCE BIOMEDICAL LTD (PBM) stock?
PSYENCE BIOMEDICAL LTD (PBM) has an RSI value of 92.1911. This indicates that the stock is currently overbought.
What is the buy/sell signal for PSYENCE BIOMEDICAL LTD (PBM) stock?
The buy/sell signal for PSYENCE BIOMEDICAL LTD (PBM) is hold as the short term and long term trends are mixed.