Technical Analysis for PAR - Paradigm Biopharmaceuticals Ltd

Grade Last Price % Change Price Change
F 0.277 8.63% 0.022
PAR closed down 5.56 percent on Monday, April 29, 2024, on 2.43 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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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
New 52 Week Closing Low Bearish 8.63%
Expansion Breakdown Bearish Swing Setup 8.63%
New 52 Week Low Weakness 8.63%
Wide Bands Range Expansion 8.63%
Gapped Up Strength 8.63%
Oversold Stochastic Weakness 8.63%
New 52 Week Closing Low Bearish 2.59%
Stochastic Reached Oversold Weakness 2.59%
Wide Bands Range Expansion 2.59%
Oversold Stochastic Weakness 2.59%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 2 hours ago
Up 10% about 4 hours ago
10 DMA Resistance about 4 hours ago
3x Volume Pace about 4 hours ago
Gap Up Partially Closed about 5 hours ago

Free Daily (Stock) Chart Reading

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Profile

Paradigm Biopharmaceuticals Limited is a biopharmaceutical company focused on repurposing the drug pentosan polysulfate sodium (PPS) for the treatment of inflammation. The Company is engaged in researching and developing therapeutic products for human use. The Company is a drug repurposing company, which seeks to find new uses for old drugs. The Company has commenced the open labelled Phase II clinical trial, investigating the role of the drug PPS in treating traumatic Bone Marrow Lesions. The Company's Rhinosul has properties consisting of both histamine stabilizing and anti-inflammatory properties. The Company focuses on repurposing PPS under ZILOSUL name, as a treatment for bone marrow edema (BME) lesions following traumatic injury.
Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Pharmaceutical Drugs Pharmaceuticals Clinical Trial Biopharmaceutical Medical Specialties Pharmaceutical Industry Therapeutic Product Therapeutic Products Medication Organ Systems Inflammation Osteochondritis Dissecans

Is PAR 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 1.115
52 Week Low 0.25
Average Volume 605,782
200-Day Moving Average 0.519
50-Day Moving Average 0.341
20-Day Moving Average 0.302
10-Day Moving Average 0.282
Average True Range 0.022
RSI (14) 27.54
ADX 27.05
+DI 11.670
-DI 28.278
Chandelier Exit (Long, 3 ATRs) 0.293
Chandelier Exit (Short, 3 ATRs) 0.317
Upper Bollinger Bands 0.356
Lower Bollinger Band 0.248
Percent B (%b) 0.07
BandWidth 35.918
MACD Line -0.022
MACD Signal Line -0.020
MACD Histogram -0.0019
Fundamentals Value
Market Cap 58.15 Million
Num Shares 228 Million
EPS -0.11
Price-to-Earnings (P/E) Ratio -2.34
Price-to-Sales 0.00
Price-to-Book 6.20
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.315
Resistance 3 (R3) 0.320 0.305 0.305
Resistance 2 (R2) 0.305 0.290 0.303 0.302
Resistance 1 (R1) 0.280 0.280 0.273 0.275 0.298
Pivot Point 0.265 0.265 0.261 0.263 0.265
Support 1 (S1) 0.240 0.250 0.233 0.235 0.212
Support 2 (S2) 0.225 0.240 0.223 0.208
Support 3 (S3) 0.200 0.225 0.205
Support 4 (S4) 0.195