Technical Analysis for PNV - Polynovo Ltd  

Grade Last Price % Change Price Change
A 2.380 -1.24% -0.030
PNV closed down 1.24 percent on Friday, June 21, 2024, on 1.41 times normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
Cup with Handle Other 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Down 3 Days in a Row Weakness 0.00%
Cup with Handle Other -1.24%
Overbought Stochastic Strength -1.24%
Doji - Bearish? Reversal -1.65%
Overbought Stochastic Strength -1.65%
Gapped Up Strength -2.06%

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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 1,278,383
200-Day Moving Average 1.771
50-Day Moving Average 2.160
20-Day Moving Average 2.268
10-Day Moving Average 2.349
Average True Range 0.075
RSI (14) 61.09
ADX 19.92
+DI 28.885
-DI 18.072
Chandelier Exit (Long, 3 ATRs) 2.216
Chandelier Exit (Short, 3 ATRs) 2.229
Upper Bollinger Bands 2.478
Lower Bollinger Band 2.059
Percent B (%b) 0.77
BandWidth 18.474
MACD Line 0.071
MACD Signal Line 0.058
MACD Histogram 0.0131
Fundamentals Value
Market Cap 1.57 Billion
Num Shares 661 Million
EPS -0.01
Price-to-Earnings (P/E) Ratio -476.00
Price-to-Sales 106.22
Price-to-Book 98.84
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.500
Resistance 3 (R3) 2.507 2.473 2.480
Resistance 2 (R2) 2.473 2.443 2.470 2.473
Resistance 1 (R1) 2.427 2.424 2.410 2.420 2.467
Pivot Point 2.393 2.393 2.385 2.390 2.393
Support 1 (S1) 2.347 2.363 2.330 2.340 2.293
Support 2 (S2) 2.313 2.344 2.310 2.287
Support 3 (S3) 2.267 2.313 2.280
Support 4 (S4) 2.260