Overall PROC gets a technical rating of 1 out of 10. PROC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, PROC is a bad performer in the overall market: 97% of all stocks are doing better.
PROC is part of the Pharmaceuticals industry. There are 198 other stocks in this industry, of which 78% are performing better than PROC.
PROC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month PROC has a been trading in the 0.77 - 2.30 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.