PSYENCE BIOMEDICAL LTD (PBM) Stock Technical Analysis
USA - NASDAQ:PBM - CA74449F3088 - Common Stock
We assign a technical rating of 0 out of 10 to PBM. PBM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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
1.70
We can see 4 important resistance areas.
- Resistance @2.36 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.78 to 2.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.89 to 2.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.36 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for PBM is down. |
| ChartMill Relative Strength | 4.43 | NEGATIVE | PBM has a low relative strength, it was outperformed by 95.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PBM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PBM is below a declining 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) | 45.26 | NEUTRAL | The RSI value for PBM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PBM has a positive trend. |
| Stochastics (14,3) | 55.28 | NEUTRAL | The Stochastics value for PBM is a neutral value. |
| Average True Range in percent/ATR (20) | 8.25 | HIGH VOLATILITY | The high ATR as a percentage value for PBM suggests high volalility. |
| Average Directional Index/ADX (14) | 17.25 | NEGATIVE | The low ADX value for PBM suggests a weak or negative trend. |
1.72
-1.07 (-38.35%)
PSYENCE BIOMEDICAL LTD / PBM FAQ
Can you provide the ChartMill technical rating for PSYENCE BIOMEDICAL LTD?
ChartMill assigns a technical rating of 0 / 10 to PBM.
Can you provide the trend direction for PSYENCE BIOMEDICAL LTD?
The current trend direction for PSYENCE BIOMEDICAL LTD (PBM) is Bearish.
What is the RSI signal for PBM stock?
PSYENCE BIOMEDICAL LTD (PBM) has an RSI value of 45.2596. This indicates that the stock is currently neutral.
What is the MACD signal for PBM stock?
The MACD indicator for PSYENCE BIOMEDICAL LTD (PBM) has a value of 0.0285325, indicating a bearish trend.
What is the buy/sell signal for PSYENCE BIOMEDICAL LTD (PBM) stock?
The buy/sell signal for PSYENCE BIOMEDICAL LTD (PBM) is sell as both the short term and long term trends are negative.