ProMIS Neurosciences Inc (PMN.CA) Stock Technical Analysis
TSX:PMN - Toronto Stock Exchange - CA74346M4065 - Common Stock - Currency: CAD
Taking everything into account, PMN scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. PMN was also a bad performer in the overall market in the last year.
79% of all other stocks performed better in the past year than PMN.
Warning: PMN has an average volume of 5541 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
PMN is an average performer in the Biotechnology industry, it outperforms 54% of 25 stocks in the same industry.
PMN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PMN is lagging the market slightly.
In the last month PMN has a been trading in the 3.34 - 10.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of PMN 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
5.88
8.55
We found 1 important support area.
- A support zone ranging from 5.94 to 5.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- Resistance @7.34 from a trend line in the daily time frame.
- Resistance @8.47 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21
Mansfield-2.42
10 Day High10.5
10 Day Low3.34
20 Day High10.5
20 Day Low3.34
52 Week High11.1
52 Week Low3.34
Performance
1 Week64.84%
2 Weeks23.97%
1 Month10.91%
3 Month-25.09%
6 Month-19.35%
12 Month-22.08%
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)0.29
RSI(14)53.36
LBB2.66
UBB7.59
TSX:PMN (7/21/2023, 7:00:00 PM)
6
-0.24 (-3.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.85%
1 Week64.84%
2 Weeks23.97%
1 Month10.91%
3 Month-25.09%
6 Month-19.35%
12 Month-22.08%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.99
ATR(20)%13.07%
ATR Inc-41.85%
Range Today0.51
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21
Mansfield-2.42
10 Day High10.5
10 Day Low3.34
20 Day High10.5
20 Day Low3.34
52 Week High11.1
52 Week Low3.34
CS1 End5.99
CR1 Start7.34
Volume & EV
DER(3)6.93%
DER(5)6.22%
Volume19.70K
Volume Incr423.15%
Vol(5)26.76K
Vol(50)5.54K