Technical Analysis for 0RC6 - Pharma Mar SAU

Grade Last Price % Change Price Change
F 28.80 -1.67% -0.49
0RC6 closed down 1.67 percent on Friday, March 15, 2024, on 11 percent of normal volume. It ran into resistance at its 50 day moving average. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. The bears made the stock sink to a new 52-week low. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
200 DMA Resistance Bearish 0.00%
50 DMA Resistance Bearish 0.00%
New 52 Week Closing Low Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Expansion Breakdown Bearish Swing Setup 0.00%
Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
Reversal New Lows Setup Bearish Swing Setup 0.00%
Slingshot Bullish Bullish Swing Setup 0.00%

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Profile

Pharma Mar SAU Description

Pharma Mar, S.A., a biopharmaceutical company, engages in the research, development, production, and commercialization of bio-active principles of marine origin for use in oncology in Spain, Italy, Germany, Ireland, France, rest of EU, the United States, and internationally. The company operates through Oncology and RNA interference segments. It develops and commercializes Yondelis for the treatment of soft tissue sarcoma and for ovarian cancer; Aplidin for treating R/R multiple myeloma; and Zepzelca for treating patients with small cell lung cancer. The company also develops PM14, which is in phase II clinical trials for the treatment of solid tumors, as well as in Phase I clinical trial for the treatment of soft tissue sarcoma and prostate cancer; PM534 that is Phase I clinical trial for treating solid tumors; Tivanisiran, which is in Phase III clinical trial for the treatment of dry eye disease; and SYL1801 that is in phase II clinical trial for treating macular degeneration. In addition, it engages in the development, production, and sale of products with therapeutic activity based on reducing or silencing gene expression. The company was incorporated in 1986 and is based in Madrid, Spain.


Classification

Is 0RC6 a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 64.34
52 Week Low 28.8
Average Volume 2,030
200-Day Moving Average 34.88
50-Day Moving Average 37.97
20-Day Moving Average 34.57
10-Day Moving Average 29.86
Average True Range 19.87
RSI (14) 11.50
ADX 25.95
+DI 2.70
-DI 2.34
Chandelier Exit (Long, 3 ATRs) 0.64
Chandelier Exit (Short, 3 ATRs) 88.40
Upper Bollinger Bands 44.74
Lower Bollinger Band 24.39
Percent B (%b) 0.22
BandWidth 58.87
MACD Line -2.89
MACD Signal Line -2.39
MACD Histogram -0.4999
Fundamentals Value
Market Cap 63.73 Million
Num Shares 221 Million
EPS 5.03
Price-to-Earnings (P/E) Ratio 5.73
Price-to-Sales 0.97
Price-to-Book 0.00
Dividend 0.65
Dividend Yield 2.26%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 75.96
Resistance 3 (R3) 81.20 70.72 68.10
Resistance 2 (R2) 70.72 58.71 68.10 65.48
Resistance 1 (R1) 49.76 51.29 44.52 44.52 62.86
Pivot Point 39.28 39.28 36.66 36.66 39.28
Support 1 (S1) 18.32 27.27 13.08 13.08 -5.26
Support 2 (S2) 7.84 19.85 5.22 -7.88
Support 3 (S3) -13.12 7.84 -10.50
Support 4 (S4) -18.36