POINT BIOPHARMA GLOBAL INC (PNT) Stock Technical Analysis
NASDAQ:PNT - Nasdaq - US7305411099 - Common Stock - Currency: USD
Taking everything into account, PNT scores 4 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
PNT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
PNT is one of the better performing stocks in the Biotechnology industry, it outperforms 97% of 571 stocks in the same industry.
PNT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PNT is lagging the market slightly.
PNT has an average volume of 3298550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that PNT is one of the better performing stocks in the market, outperforming 97% of all stocks. However, this relatively good performance is mostly due to a recent big move.
PNT has an average technical rating and it also does not offer a high 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
6.43
14.38
We found 3 important support areas.
- A support zone ranging from 12.36 to 12.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.78 to 6.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.49 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.07 to 14.24. This zone is formed by a combination of multiple trend lines 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
CRS97.1
Mansfield1.96
10 Day High14.35
10 Day Low12.43
20 Day High14.35
20 Day Low12.43
52 Week High14.35
52 Week Low6.57
Performance
1 Week0.4%
2 Weeks-10.78%
1 Month-9.42%
3 Month87.41%
6 Month37.97%
12 Month71.47%
2 Year123.21%
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)-0.22
RSI(14)35.38
LBB11.81
UBB14.87
12.5
+0.02 (+0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.16%
1 Week0.4%
2 Weeks-10.78%
1 Month-9.42%
3 Month87.41%
6 Month37.97%
12 Month71.47%
2 Year123.21%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%2.74%
ATR Inc-88.14%
Range Today0.02
ADR(20)0.27
ADR(20)%2.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.1
Mansfield1.96
10 Day High14.35
10 Day Low12.43
20 Day High14.35
20 Day Low12.43
52 Week High14.35
52 Week Low6.57
CS1 End12.47
CR1 Start14.07
Volume & EV
DER(3)-2.92%
DER(5)-1.32%
Volume3.29M
Volume Incr16.66%
Vol(5)4.14M
Vol(50)3.30M