Technical Analysis for PNV - Polynovo Ltd  

Grade Last Price % Change Price Change
C 2.080 -5.45% -0.120
PNV closed down 5.45 percent on Friday, May 17, 2024, on 68 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
Gapped Down Weakness 0.00%
Crossed Above 50 DMA Bullish -5.45%
Pocket Pivot Bullish Swing Setup -5.45%
Inside Day Range Contraction -5.45%
Gapped Up Strength -5.45%
Fell Below 50 DMA Bearish -3.70%
Spinning Top Other -7.14%
Upper Bollinger Band Walk Strength -7.14%

   Recent Intraday Alerts

Alert Time
Down 1 ATR about 7 hours ago
Down 3% about 9 hours ago
Gapped Down (Full) about 10 hours ago
Fell Below Previous Day's Low about 10 hours ago
Down 2% about 10 hours ago

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Profile

Polynovo Ltd   Description

PolyNovo Limited is a medical device company. The Company designs, develops and manufactures solutions for standalone and combination devices using its NovoSorb biodegradable polymer technology. The Company focuses on medical devices that are used in the treatment of burns, surgical wounds and negative pressure wound therapy (NPWT). It is involved in the development of NovoPore for use as a dressing in NPWT that involves a wound-contacting foam dressing, a sealing membrane, a suction pump, and a drainage tube from the dressing to a canister, and Biodegradable Temporising Matrix (BTM), a wound dressing focused on treatment of full-thickness wounds and burns where the dermal structure has been lost to trauma, or damaged requiring surgical removal, and requires a split-thickness skin graft for final closure. In addition, the Company is engaged in the development of breast sling prototypes for non-clinical and clinical trials, as well as new products for hernia and breast reconstructions.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Construction Medicine Medical Device Clinical Medicine Clinical Trial Medical Devices Medical Specialties Surgery Therapy Medical Equipment Pump Dressing Wound Burns Membrane Drainage Hernia Prototypes

Is PNV 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 2.52
52 Week Low 1.095
Average Volume 1,591,798
200-Day Moving Average 1.686
50-Day Moving Average 2.165
20-Day Moving Average 2.094
10-Day Moving Average 2.170
Average True Range 0.080
RSI (14) 46.52
ADX 16.45
+DI 23.863
-DI 27.452
Chandelier Exit (Long, 3 ATRs) 2.059
Chandelier Exit (Short, 3 ATRs) 2.181
Upper Bollinger Bands 2.288
Lower Bollinger Band 1.901
Percent B (%b) 0.46
BandWidth 18.469
MACD Line 0.019
MACD Signal Line 0.011
MACD Histogram 0.0079
Fundamentals Value
Market Cap 1.38 Billion
Num Shares 661 Million
EPS -0.01
Price-to-Earnings (P/E) Ratio -416.00
Price-to-Sales 106.22
Price-to-Book 98.84
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.200
Resistance 3 (R3) 2.213 2.187 2.180
Resistance 2 (R2) 2.187 2.156 2.180 2.173
Resistance 1 (R1) 2.133 2.137 2.120 2.120 2.167
Pivot Point 2.107 2.107 2.100 2.100 2.107
Support 1 (S1) 2.053 2.076 2.040 2.040 1.993
Support 2 (S2) 2.027 2.057 2.020 1.987
Support 3 (S3) 1.973 2.027 1.980
Support 4 (S4) 1.960