PORTAGE BIOTECH INC (PRTG)

VGG7185A1286 - Common Stock

0.2122  -0.01 (-6.11%)

Premarket: 0.1754 -0.04 (-17.34%)

Technical Rating and Analysis

0

Overall PRTG gets a technical rating of 0 out of 10. PRTG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, PRTG is a bad performer in the overall market: 100% of all stocks are doing better.
PRTG is part of the Biotechnology industry. There are 576 other stocks in this industry, of which 90% are performing better than PRTG.
PRTG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month PRTG has a been trading in the 0.21 - 0.54 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Weekly and Daily overview Charts
PRTG Weekly chart
PRTG Daily chart
Setup Rating and Analysis

3

The technical rating of PRTG 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.

Support and Resistance Analysis

0.21

0.42

When analyzing the resistance we notice 4 important areas.

  • Resistance @0.21 from a trend line in the weekly time frame.
  • A resistance zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.42 from a trend line in the daily 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
CRS0.82
Mansfield-8.7
10 Day High0.33
10 Day Low0.21
20 Day High0.54
20 Day Low0.21
52 Week High3.95
52 Week Low0.2
Performance
1 Week-12.67%
2 Weeks-16.52%
1 Month-17.43%
3 Month-62.33%
6 Month-88.34%
12 Month-93.93%
2 Year-96.96%
3 Year-98.99%
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
RSI(14)40.74
LBB0.2
UBB0.29
PRTG Daily chart

PORTAGE BIOTECH INC

NASDAQ:PRTG (6/28/2024, 7:21:49 PM)

Premarket: 0.1754 -0.04 (-17.34%)

0.2122

-0.01 (-6.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-6.11%
1 Week-12.67%
2 Weeks-16.52%
1 Month-17.43%
3 Month-62.33%
6 Month-88.34%
12 Month-93.93%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.04
ATR(20)%27.38%
ATR Inc
Range Today0.11
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 High0.33
10 Day Low0.21
20 Day High0.54
20 Day Low0.21
52 Week High3.95
52 Week Low0.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume8.72M
Volume Incr194.07%
Vol(5)1.87M
Vol(50)581.45K