PFNX Forecast and Technical Stock Analysis

Sell candidate since 2019-07-10 Loss -2.77%

Pfenex Inc gained 0.51% in the last trading day ( Thursday, 18th Jul 2019 ), rising from $5.94 to $5.97 , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During day the stock fluctuated 4.52% from a day low at $5.84 to a day high of $6.10. The price has risen in 6 of the last 10 days , but is still down by -15.8% for this period. Volume fell in the last day by -43 331 shares, and in total, 80 804 shares bought and sold for approximately $482 400.00. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.

Quick summary:

  • 30 day high of the PFNX stock price was $7.64 and low was $5.56.
  • 90 day high was $7.64 and low was $5.25.
  • 52 week high for the Pfenex Inc - $7.64 and low - $3.13.
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Pfenex Inc lies in the lower part of a very wide and weak rising trend in the short term, and this will normally pose a very good buying opportunity. A break down the bottom trend line at $5.84 will firstly indicate a slower raising rate, but may also be a early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 9.61% during the next 3 months and, with 90% probability hold a price between $6.40 and $8.47 at the end of this period.

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A buy signal was issued from a pivot bottom point on Tuesday July 16, 2019, which indicates further gains until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Pfenex Inc holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $6.14 and $6.65. A break-up above any of these levels will issue buy signals. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Relative Strength Index (RSI)

RSImin/max Values: [ 25 - 75 ]

RSI14 is 53 and the stock is currently not being overbought or oversold

* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Support & Resistance

Pfenex Inc finds support from accumulated volume at $5.89.

Support: $5.89 Price: $5.97 Resistance: $6.29


This stock may move much during a day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.26 between high and low, or 4.52%. For the last week the stock has had a daily average volatility of 5.91%.

Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.

5.91 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Sell Candidate Upgraded


The Pfenex Inc stock holds several negative signals and despite the positive trend we believe Pfenex Inc will perform weak in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Stronger Sell Today PFNX ranks #3672 as SELL CANDIDATE #3672 Weaker Sell

Will PFNX stock price go up or down on Mon, 22 Jul 2019?

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