PACIRA BIOSCIENCES INC (PCRX)

US6951271005 - Common Stock

17.38  +0.35 (+2.06%)

After market: 17.38 0 (0%)

Technical Rating and Analysis

4

Overall PCRX gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. PCRX was also a bad performer in the overall market in the last year.

78% of all other stocks performed better in the past year than PCRX.
PCRX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
PCRX is an average performer in the Pharmaceuticals industry, it outperforms 51% of 194 stocks in the same industry.
In the last month PCRX has a been trading in the 16.00 - 18.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
PCRX Weekly chart
PCRX Daily chart
Setup Rating and Analysis

8

Although the technical rating is only medium, PCRX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 17.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.96, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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.
Support and Resistance Analysis

15.96

26.18

When analyzing the support we notice one important area.

  • A support zone ranging from 16.12 to 16.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 17.49 to 17.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @22.78 from a trend line in the weekly time frame.
  • Resistance @25.92 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.22
Mansfield-3.78
10 Day High18.34
10 Day Low16
20 Day High18.34
20 Day Low16
52 Week High35.95
52 Week Low11.16
Performance
1 Week6.17%
2 Weeks-1.81%
1 Month2.12%
3 Month22.48%
6 Month-41.46%
12 Month-35.41%
2 Year-63.98%
3 Year-66.97%
5 Year-62.4%
10 Year-81.5%
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)-0.05
RSI(14)58.45
LBB16.08
UBB17.89
PCRX Daily chart

PACIRA BIOSCIENCES INC

NASDAQ:PCRX (11/21/2024, 8:00:00 PM)

After market: 17.38 0 (0%)

17.38

+0.35 (+2.06%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.06%
1 Week6.17%
2 Weeks-1.81%
1 Month2.12%
3 Month22.48%
6 Month-41.46%
12 Month-35.41%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.85
ATR(20)%4.51%
ATR Inc
Range Today0.53
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High18.34
10 Day Low16
20 Day High18.34
20 Day Low16
52 Week High35.95
52 Week Low11.16
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume397.60K
Volume Incr19.03%
Vol(5)637.18K
Vol(50)760.79K