PORTAGE BIOTECH INC (PRTG) Stock Technical Analysis
NASDAQ:PRTG - Nasdaq - VGG7185A1369 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to PRTG. 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: 95% of all stocks are doing better.
PRTG is part of the Biotechnology industry. There are 572 other stocks in this industry, of which 67% are performing better than PRTG.
PRTG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PRTG has a been trading in the 3.77 - 5.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
PRTG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for PRTG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.04
8.57
4 important support areas can be observed.
- Support @4.09 from a horizontal line in the weekly time frame.
- Support @3.95 from a horizontal line in the daily time frame.
- Support @3.31 from a trend line in the daily time frame.
- A support zone ranging from 3.07 to 3.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 4.62 to 4.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.70 from a trend line in the weekly time frame.
- Resistance @8.49 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.14
Mansfield-3.4
10 Day High5.5
10 Day Low3.77
20 Day High5.84
20 Day Low3.77
52 Week High23.01
52 Week Low2.1
Performance
1 Week5%
2 Weeks11.36%
1 Month-14.7%
3 Month-20.97%
6 Month38.16%
12 Month-68.94%
2 Year-95.72%
3 Year-97.46%
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)0.04
RSI(14)48.35
LBB3.79
UBB4.66
PORTAGE BIOTECH INC
NASDAQ:PRTG (1/31/2025, 8:00:00 PM)
After market: 5.39 +0.98 (+22.22%)4.41
-0.15 (-3.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.29%
1 Week5%
2 Weeks11.36%
1 Month-14.7%
3 Month-20.97%
6 Month38.16%
12 Month-68.94%
2 Year-95.72%
3 Year-97.46%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.54
ATR(20)%12.64%
ATR Inc121.57%
Range Today0.49
ADR(20)0.55
ADR(20)%12.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.14
Mansfield-3.4
10 Day High5.5
10 Day Low3.77
20 Day High5.84
20 Day Low3.77
52 Week High23.01
52 Week Low2.1
CS1 End4.09
CR1 Start4.62
Volume & EV
DER(3)-4.2%
DER(5)3.01%
Volume1.10M
Volume Incr405.08%
Vol(5)290.90K
Vol(50)826.59K