Trading Signals: PRNB Stock Price Prediction and Forecast

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Thu. Jul. 16, 2020

Trading Signals: PRNB Stock Price Prediction and Forecast (Fri. Sep. 14, 2018 - Fri. Sep. 25, 2020)

(Principia Biopharma Inc)
PRNB latest price $84.1000 (13.43%) ($61.5000 - $94.9100) on Thu. Jul. 16, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.15% (three month average)
RSI   74
Latest Price   $84.1000(13.43%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   PRNB advances 7.6% a day on average for past five trading days.
Weekly Trend   PRNB advances 12% a week on average for past two weeks.
Market Behavior   Growth stock sell-off for large cap. Growth stock sell-off for small cap.
Correlated ETFs   Broad market will support PRNB advance at 0% a week (0% probability)
ONLN(37%)    JNK(41%)    PCY(44%)    CEMB(37%)    HYG(37%)
Factors Impacting PRNB price   PRNB will decline at least -2.075% in a week (0% probabilities).
XLE(-37%)    REMX(-34%)    INDA(-34%)    IVE(-33%)    VXX(-30%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.075% (StdDev 4.15%)
Hourly BBV 0 ()
Intraday Trend 14.5%

5 Day Moving Average   $70.86(18.68%)
10 Day Moving Average   $64.48(30.43%)
20 Day Moving Average   $61.91(35.84%)
To recent high   0%
To recent low   50.2%
Market Cap   $2.789b

Principia Biopharma, Inc. is a biopharmaceutical company, which engages in designing and developing oral therapies to patients with significant unmet medical needs in immunology and oncology. It operates through Tailored Covalency platform, which enables to develop small molecule inhibitors of enzymes and receptor ligands with potencies and selectivities that rival those of injectable biologics, yet maintain the convenience of a pill. Its product pipeline includes PRN1008, PRN2246, PRN1371, and immunoproteasome inhibitor. The company was founded by Jack Taunton and Richard A. Miller on October 6, 2008 and is headquartered in South San Francisco, CA.

$. PRNB price fluctuates within 10.97% (three month std-dev: 4.15%) daily (68% of days).

Sample size 11 Average positive next day return: 2.48%(9%) Average negative next day return: -9.12%(91%) Sample size 11 Average positive next three day return: 8.38%(9%) Average negative next three day return: -14.42%(91%) Sample size 11 Average positive next weekly return: 3.31%(18%) Average negative next weekly return: -15.32%(82%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200816

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Jul_16_2020	60.37	61.91	64.48	70.86	70.87	76.53	84.1(13.43%)	UT	OpenLong	75	1.9	162	560	139	229	5.39	82%	0.28	40.6	4.15%	0	3.3	74	1.5
2	Jul_15_2020	60.2	60.66	61.72	65.83	66.92	70.42	74.14(6.75%)	UT	OpenLong	75	1.9	133	420	125	155	1.31	70%	0.17	28.1	4.07%	0	3	68	1.4
3	Jul_14_2020	60.1	60.01	60.14	62.28	62.5	65.2	69.45(10.98%)	UT	OpenLong	75	2.2	63	310	59	76	0.72	68%	0.12	11.5	4.15%	0	2.9	62	0.9
4	Jul_13_2020	60.03	59.62	58.75	59.75	60.11	63.42	62.58(-2.26%)	UD	OpenLong	75	1.1	62	400	69	39	0.77	62%	-0.05	-7.8	3.92%	0	1.2	56	0
5	Jul_10_2020	60.06	59.5	58.11	58.69	58.38	59.79	64.03(8.64%)	UT	OpenLong	75	2.2	49	150	62	11	0.58	62%	-0.1	-15.3	3.94%	0	1.8	55	1.2

6	Jul_9_2020	60.12	59.27	57.57	57.09	57.15	56.8	58.94(4.54%)	DP	OpenShort	-75	0.8	-14	-40	-3	-47	0.39	56%	-0.2	-37.2	3.82%	0	-0.1	40	0.8
7	Jul_8_2020	60.24	59.44	57.63	56.97	57.33	56.98	56.38(-0.77%)	DT	OpenShort	-75	-0.3	-29	-20	-18	-60	0.21	52%	-0.22	-37.5	3.81%	0	-1.3	37	0.9
8	Jul_7_2020	60.37	59.64	58.04	57.66	57.99	57.5	56.82(-0.82%)	DT	OpenShort	-75	-0.4	-14	-40	-2	-49	0.23	52%	-0.07	-38.8	3.89%	0	-1.3	35	0.7
9	Jul_6_2020	60.41	59.82	58.31	57.55	58.11	57.68	57.29(2.3%)	DP	OpenShort	-75	-0.1	-21	-20	-7	-61	0.23	65%	-0.23	-44.2	3.89%	0	-1.2	36	1.1
10	Jul_2_2020	60.55	59.88	58.64	57.38	57.88	58.48	56(-4.08%)	DT	OpenShort	-75	-0.7	-17	100	-5	-54	0.24	59%	-0.25	-61.3	4.61%	0	-1.9	41	0.8

11	Jul_1_2020	60.7	60.11	59.3	58.08	57.82	58.53	58.38(-2.36%)	DP	OpenShort	-65	0.2	-1	70	11	-35	0.36	52%	-0.2	-66.1	4.58%	0	-0.9	47	0.6
12	Jun_30_2020	60.82	60.32	59.63	58.38	57.89	57.28	59.79(6.24%)	DP	OpenShort	-75	0.7	-13	-100	-4	-38	0.39	60%	-0.25	-70.7	4.74%	0	-0.3	44	0.3
13	Jun_29_2020	60.97	60.51	59.91	58.57	58.52	57.11	56.28(-0.32%)	DT	OpenShort	-75	-1.2	-27	-170	-23	-37	0.2	58%	-0.23	-79.1	5.19%	0	-2.1	42	-0.2
14	Jun_26_2020	61.11	60.76	60.6	59.21	59.52	58.5	56.46(-5.06%)	DT	OpenShort	-75	-1.5	-23	-100	-22	-25	2.04	53%	-0.21	-85.8	5.32%	0	-2.3	43	-0.9
15	Jun_25_2020	61.24	61.15	61.07	60.04	60.15	59.92	59.47(-0.75%)	DT	OpenShort	-75	-0.3	-12	-20	-13	-9	0.44	57%	-0.02	-85.1	5.28%	0	-1	57	-0.3

16	Jun_24_2020	61.25	61.38	61.15	60.69	60.77	60.54	59.92(-1.3%)	N/A	N/A	0	-0.4	-2	-20	-3	2	0.46	59%	0	-63	5.41%	0	-0.7	51	-0.7
17	Jun_23_2020	61.25	61.75	61.42	61.05	61.22	60.39	60.71(2.03%)	N/A	N/A	0	-0.1	-8	-90	-11	2	0.44	59%	0.07	-44.6	5.45%	0	-0.4	46	-0
18	Jun_22_2020	61.21	62.11	61.38	61.51	61.68	60.99	59.5(-1.8%)	DT	OpenShort	-75	-0.8	-15	-70	-19	-2	0.65	59%	0.11	-34.5	5.45%	0	-1	40	-0.2
19	Jun_19_2020	61.14	62.39	61.47	62.21	62.61	62.05	60.59(-3.41%)	UD	OpenLong	65	-0.6	1	-40	-2	10	1.04	61%	0.13	-25.9	5.46%	0	-0.7	51	-0.8
20	Jun_18_2020	61.06	62.62	61.27	62.22	62.41	62.36	62.73(1.6%)	N/A	N/A	0	0.2	-2	0	-3	1	0.21	61%	0.2	-23.8	5.48%	0	0	47	-0.7

21	Jun_17_2020	60.94	62.76	61	61.67	62.1	63.18	61.74(-1.97%)	N/A	N/A	0	0	4	140	8	-7	0.26	61%	0.18	-25.3	5.52%	0	-0.4	44	-0.9
22	Jun_16_2020	60.83	62.9	61.06	61.82	61.59	62.46	62.98(-0.03%)	N/A	N/A	0	0.4	12	90	19	-10	0.18	54%	0.18	-25.5	5.52%	0	0	40	-1
23	Jun_15_2020	60.72	63	61.1	61.26	61.17	61.02	63(3.84%)	DP	OpenShort	-65	0.6	-1	-20	7	-26	0.35	54%	0.1	-33.3	5.85%	0	0	39	-1.3
24	Jun_12_2020	60.66	63.05	60.87	60.67	60.94	60.73	60.67(1.17%)	DP	OpenShort	-75	0	-10	-10	-0	-40	0.23	53%	0.02	-34.9	5.87%	0	-0.9	43	-1.4
25	Jun_11_2020	60.65	63.24	61.16	60.16	60.54	61.33	59.97(-4.05%)	DT	HoldShort	-50	-0.1	-9	110	3	-45	0.34	51%		-36.1	5.99%	0	-1.2	41	-2.6
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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