PORTAGE BIOTECH INC (PRTG)

VGG7185A1286 - Common Stock

5.96  +0.11 (+1.88%)

After market: 5.87 -0.09 (-1.51%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to PRTG. PRTG has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

97% of all other stocks performed better in the past year than PRTG.
PRTG is part of the Biotechnology industry. There are 568 other stocks in this industry, of which 79% are performing better than PRTG.
PRTG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PRTG is lagging the market.
In the last month PRTG has a been trading in the 2.95 - 12.89 range, which is quite wide. It is currently trading near the lows of this range.
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.
Weekly and Daily overview Charts
PRTG Weekly chart
PRTG Daily chart
Setup Rating and Analysis

3

PRTG 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.

Support and Resistance Analysis

3.02

9.07

When analyzing the support we notice one important area.

  • Support @3.05 from a trend line in the daily time frame.

2 important resistance areas can be observed.

  • Resistance @8.02 from a trend line in the weekly time frame.
  • Resistance @8.98 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
CRS3.84
Mansfield-3.51
10 Day High12.89
10 Day Low2.95
20 Day High12.89
20 Day Low2.95
52 Week High40.8
52 Week Low2.1
Performance
1 Week98.67%
2 Weeks44.44%
1 Month31.86%
3 Month-31.65%
6 Month22.63%
12 Month-78.56%
2 Year-94.37%
3 Year-97.22%
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)0.34
RSI(14)55.39
LBB1.35
UBB8.21
PRTG Daily chart

PORTAGE BIOTECH INC

NASDAQ:PRTG (12/20/2024, 8:00:01 PM)

After market: 5.87 -0.09 (-1.51%)

5.96

+0.11 (+1.88%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.88%
1 Week98.67%
2 Weeks44.44%
1 Month31.86%
3 Month-31.65%
6 Month22.63%
12 Month-78.56%
2 Year-94.37%
3 Year-97.22%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.39
ATR(20)%19.15%
ATR Inc44.96%
Range Today0.94
ADR(20)0.96
ADR(20)%16.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.84
Mansfield-3.51
10 Day High12.89
10 Day Low2.95
20 Day High12.89
20 Day Low2.95
52 Week High40.8
52 Week Low2.1
CS1 End3.05
CR1 Start8.02
Volume & EV
DER(3)1.41%
DER(5)5.23%
Volume60.40K
Volume Incr26301.94%
Vol(5)7.60M
Vol(50)800.71K