PSYENCE BIOMEDICAL LTD (PBM) Stock Technical Analysis
NASDAQ:PBM - Nasdaq - CA74449F1009 - Common Stock
Taking everything into account, PBM scores 1 out of 10 in our technical rating. PBM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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, PBM is a bad performer in the overall market: 100% of all stocks are doing better.
PBM is part of the Biotechnology industry. There are 572 other stocks in this industry, of which 92% are performing better than PBM.
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 1.61 - 7.87 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.
PBM has an average volume of 5380490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
The technical rating of PBM is bad and it also does not present a 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
1.64
1.83
When analyzing the support we notice one important area.
- Support @1.66 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.80 to 1.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High2.25
10 Day Low1.61
20 Day High7.87
20 Day Low1.61
52 Week High323.25
52 Week Low1.51
Performance
1 Week-14.43%
2 Weeks-14.85%
1 Month12.42%
3 Month-76.31%
6 Month-96.05%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)38.08
LBB1.58
UBB2.2
PSYENCE BIOMEDICAL LTD
NASDAQ:PBM (1/21/2025, 8:19:31 PM)
After market: 1.71 -0.01 (-0.58%)1.72
-0.07 (-3.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.91%
1 Week-14.43%
2 Weeks-14.85%
1 Month12.42%
3 Month-76.31%
6 Month-96.05%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%38.37%
ATR Inc-45.43%
Range Today0.12
ADR(20)0.6
ADR(20)%34.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High2.25
10 Day Low1.61
20 Day High7.87
20 Day Low1.61
52 Week High323.25
52 Week Low1.51
CS1 End1.66
CR1 Start1.8
Volume & EV
DER(3)-7.21%
DER(5)-7.54%
Volume62.40K
Volume Incr-89.34%
Vol(5)565.42K
Vol(50)5.38M