Trading Signals: PRLB Stock Price Prediction and Forecast

^ PRLB: Intraday Forecast Similar Waves Research Timing Gains Losses Strategies Practice

Mon. Jan. 25, 2021

Trading Signals: PRLB Stock Price Prediction and Forecast (Fri. Nov. 20, 2015 - Mon. Jan. 25, 2021)

(Proto Labs Inc.)
PRLB latest price $207.8700 (7.73%) ($196.1200 - $213.3950) on Mon. Jan. 25, 2021.

Trend Analysis and Forecast

Trend Pattern   Overbought
Trend Narrative   Uptrend
Average Daily Price Swing   $15.38 (8.81% one month average)
Average Daily Percentage Swing   3.82% (three month average)
Weekly Trend Force   1.2% (StdDev 3.82%)
Daily Moving Force   3%
Correction Force   Weak (0%)
Trend   1.26%
Trend Strength   5.2%
Latest Price   $207.8700(7.73%)
Forecasted Low Price   205.79(-1%)
Forecasted High Price   218.68(5.2%)
Direction of Next Movement   Higher(4%)
% Change Needed to Confirm Correction   15.2% (180.45)
% Change Needed for Trend Reversal   15.1%
Hourly Trend 2.3% [$197.21(4.59), $194.23(6.42)]
Stocks Behave Similarly   Similar Stock List
Complacency   6
Intraday Reversal Probability   There's a high probability the price will reverse sharply to downside intraday or next day..
Daily Trend   PRLB advances 4.3% a day on average for past five trading days.
Weekly Trend   PRLB advances 7.5% a week on average for past two weeks.
Market Behavior   Growth stock rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support PRLB advance at 0.3% a week (52% probability)
IWO(61%)    ARKK(51%)    IWM(51%)    XBI(49%)    FIVG(48%)
Factors Impacting PRLB price   PRLB will decline at least -0.5% in a week (26% probabilities).
VXX(-34%)    ROBT(-30%)    VIXM(-24%)    UNG(-13%)    TLT(-13%)
Explanation The rally is not sustainable and not supported by the broad market.
Trading Plan   Not Available

Valuation to SPY 2.3

Relative Volatility 1.9 (options are extremely expensive)

Market Trend Strength   1% (StdDev 3.82%)
Hourly BBV 2.4 ()
Intraday Trend 5.5%

Next Day Open Price   $209.87(0.96%)
Inflection Point   Yes
Support Level   $174.56
5 Day Moving Average   $192.41(8.03%)
10 Day Moving Average   $183.69(13.16%)
20 Day Moving Average   $174.56(19.08%)
To recent high   0%
To recent low   76.9%
Market Cap   $5.561b

Option Sentiment

Earning Release Date   Thu. Feb. 11, 2021
Analyst One Year Target Price   $128.33 ($105.00 - $165.00)
  3 analysts (last updated on Mon. Nov. 2, 2020)
% to Average Target Price   -38.26%
% to Low Target Price   -49.49%
% to High Target Price   -20.62%

Proto Labs, Inc. engages in the digital manufacture of custom prototypes and production parts. It offers 3D printing, CNC machining, and injection molding services. The company was founded by Lawrence J. Lukis and Gregg Bloom on May 5, 1999 and is headquartered in Maple Plain, MN.

$. Technical analysis works only if the market conditions in the future are not drastically different from the past. Always read market news to understand the causes of the price movement before making a trading decision. News

$. PRLB price fluctuates within 8.81% (three month std-dev: 3.82% one year average std_dev: 0%) daily (68% of days).
$. PRLB price fluctuates within 0% weekly (one year average std_dev: %).

Analysis News Options Weekly Chart Daily Chart Hourly Chart 15 Minute Chart

i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Jan_25_2021	174.56 (0.8%)	183.69 (1.4%)	192.41 (4.3%)	194.23	197.21(0%)	207.87(7.73%)	196.12-213.4	2(2.2)	2.4	3%	1.2%	0%	1.26%	5.2%	Overbought	Higher(4.2%)	6	78	2.3	2.3	2.2	Uptrend	215.42(3.63%)	201-221.61	1.2	0%-76.9%
2	Jan_22_2021	173.31 (0.6%)	181.14 (1.4%)	184.57 (2%)	187.81	192.62(0%)	192.95(1.49%)	187.02-193.81	1.4(1.5)	2.3	1.6%	0.5%	0%	1.14%	4.5%	Growing Uptrend	Higher(2.1%)	6	72	2.1	1.3	2.1	Uptrend	198.55(2.9%)	188.82-202.71	0.41	0%-64.2%
3	Jan_21_2021	172.71 (0.6%)	179.99 (1.4%)	180.98 (2.5%)	182.51	191.24(0%)	190.11(-0.71%)	186.22-201.3	1.2(1.4)	1.2	3.5%	1.3%	0%	1.22%	4.2%	Growing Uptrend	Higher(5.2%)	6	67	2	1.2	2.4	Growing Uptrend	197.2(3.73%)	187.01-199.75	0.69	-0.7%-61.8%
4	Jan_20_2021	171.37 (0.6%)	177.25 (1.2%)	176.62 (1.9%)	177.14	183.01(0%)	191.46(6.56%)	178.84-199	1.4(1.6)	1.6	3.5%	1.7%	0%	1.04%	3.4%	Growing Uptrend	Higher(5.2%)	6	68	1.9	1.4	2.3	Growing Uptrend	197.34(3.07%)	187.66-199.75	1.19	0%-62.9%
5	Jan_19_2021	169.73 (0.6%)	173.68 (1%)	173.37 (-0.3%)	173.25	173.78(0%)	179.68(6.55%)	174-183.14	0.7(0.8)	1.4	0.6%	1.3%	0%	0.82%	2.3%	Growing Uptrend	Higher(1.9%)	5	57	1.9	0.7	2.3	Growing Uptrend	183.31(2.02%)	177.8-184.68	0.57	-4.6%-52.9%

6	Jan_15_2021	168.61 (0.6%)	170.89 (0.8%)	173.8 (-1.9%)	173.55	171.28(0%)	168.63(-3.65%)	165.4-172.86	-0.1(0)	-2.9	-1.3%	0.6%	0%	0.7%	1.4%	Uptrend Consolidation	Range(1.1%)	4	49	1.9	0	2.5	Uptrend	171.46(1.68%)	168.63-172.67	0.46	-10.5%-43.5%
7	Jan_14_2021	168.03 (0.8%)	169.56 (0.6%)	177.21 (-0.9%)	176.27	172.72(0%)	175.02(3.98%)	168.84-179.12	0.5(0.6)	-1.1	-1.7%	0.9%	0%	0.66%	0.9%	Uptrend Consolidation	Range(-0.8%)	4	43	2	0.5	2.5	Growing Uptrend	178.24(1.84%)	173.78-179.34	0.46	-7.1%-48.9%
8	Jan_13_2021	167.12 (1%)	167.84 (0.4%)	178.83 (0.7%)	179.66	175.82(0%)	168.32(-3.92%)	168.22-178.5	0(0.1)	-1.9	-1.1%	0.5%	0%	0.58%	0.4%	Uptrend Consolidation Correction	Range(1.4%)	4	42	2.1	-0.1	1.9	Growing Uptrend	171.72(2.02%)	168.32-172.57	0.42	-10.6%-43.2%
9	Jan_12_2021	166.37 (1%)	166.89 (0.2%)	177.59 (2.3%)	180.21	179.82(0%)	175.18(-3.66%)	172.63-186	0.6(0.7)	0.5	0.2%	0.6%	0%	0.48%	0.3%	Uptrend Dip Correction	Higher(2.6%)	4	57	2.1	0.5	2	Growing Uptrend	178.56(1.93%)	173.88-179.72	0.34	-7%-49.1%
10	Jan_11_2021	165.09 (1%)	166.02 (0%)	173.63 (3.8%)	175.43	183.49(0%)	181.83(-2.09%)	174.02-185.25	1.2(1.3)	3.1	2.7%	0.8%	0%	0.34%	0.6%	Uptrend Dip	Higher(4.5%)	4	61	2.2	1.1	1.6	Growing Uptrend	185.08(1.79%)	178.71-186.68	0.32	-3.5%-54.7%

11	Jan_8_2021	163.32 (0.8%)	164.82 (-0.2%)	167.31 (4%)	168.53	180.6(0%)	185.71(1.42%)	180.93-195.66	1.7(1.8)	1.9	5.9%	0.4%	0%	0.12%	0.9%	Growing Uptrend	Higher(6.3%)	3	64	2.2	1.5	1	N/A	182.89(-1.52%)	172.93-191.04	1.04	-1.4%-58%
12	Jan_7_2021	161.5 (0.6%)	164.6 (-0.2%)	160.85 (3.3%)	160.08	167.37(0%)	183.11(12.95%)	166.15-183.45	1.7(1.8)	2.3	4.8%	0.5%	0%	0.02%	1.9%	Growing Uptrend	Higher(5.3%)	4	64	2.1	1.6	0.6	N/A	178.84(-2.33%)	169.92-186.15	0.62	-2.8%-55.8%
13	Jan_6_2021	159.66 (0.6%)	164.32 (-0.2%)	155.71 (0.5%)	155.16	156.46(0%)	162.11(4.32%)	155.96-164.53	0.2(0.2)	1.3	1.4%	0.1%	0%	-0.04%	2.9%	Growing Uptrend	Range(1.5%)	4	56	2.2	0.2	-0.8	Correction	161.75(-0.22%)	160.99-162.67	0.45	-13.9%-38%
14	Jan_5_2021	158.66 (0.6%)	164.6 (-0.2%)	154.89 (-1.6%)	154.74	152.79(0%)	155.39(3.44%)	149.84-156.53	-0.3(-0.3)	-0.4	-1.1%	-0.1%	0%	0.02%	3.7%	Downtrend Reversal	Range(-1.2%)	4	56	2.3	-0.3	-0.3	Correction	150.93(-2.87%)	149.82-155.39	0.26	-17.5%-32.2%
15	Jan_4_2021	157.83 (0.6%)	165.23 (0%)	157.34 (-2.8%)	156.81	153.85(0%)	150.22(-2.07%)	148.49-157.26	-0.6(-0.6)	-2.6	-2.5%	-0.3%	0%	0.24%	4.7%	Downtrend Reversal	Lower(-1.8%)	4	56	2.5	-0.5	-0.7	Uptrend Consolidation	152.14(1.28%)	152.53-150.99	0.3	-20.3%-27.8%

16	Dec_31_2020	157.16 (0.8%)	166.18 (0.4%)	161.81 (-4.1%)	161.85	156.7(0%)	153.4(-2.57%)	152.45-158.03	-0.3(-0.3)	-3.5	-3%	-0.1%	0%	0.58%	5.7%	Downtrend Reversal	Lower(-1.8%)	6	59	2.8	-0.2	1.1	Uptrend Consolidation	154.46(0.69%)	154.07-155.64	0.2	-18.6%-30.5%
17	Dec_30_2020	156.31 (1%)	166.69 (1%)	168.8 (-3.1%)	168.23	159.77(0%)	157.44(-0.35%)	156.35-162.03	0.1(0.1)	-2.3	-4.4%	0.1%	0%	1.08%	6.6%	Confirmed Correction	Lower(-4.1%)	7	58	3	0.1	0.9	Uptrend Consolidation	157.8(0.23%)	155.97-163.33	0.33	-16.4%-34%
18	Dec_29_2020	155.35 (1.4%)	166.78 (1.6%)	174.22 (-0.8%)	176.34	167(0%)	158(-5.76%)	151.73-167.71	0.1(0.2)	-2.4	-3.6%	0.3%	0%	1.54%	7.4%	Correction	Range(-0.4%)	8	61	3.1	0.2	1.2	Uptrend	168.16(6.43%)	157.61-172.68	0.46	-16.1%-34.5%
19	Dec_28_2020	154.42 (1.4%)	166.43 (2%)	175.53 (0.9%)	179.87	176.68(0%)	167.66(-2.83%)	167.02-179.99	0.8(0.9)	-0.8	-1.9%	1%	0%	1.78%	7.8%	Uptrend Correction	Range(0.5%)	9	72	3.3	0.8	0.8	Uptrend	180.5(7.66%)	165.12-187.1	0.36	-11%-42.7%
20	Dec_24_2020	152.97 (1.4%)	164.69 (2%)	173.98 (1.8%)	176.91	185.68(0%)	172.55(-8.4%)	171.51-189.13	1.1(1.3)	0.2	2%	1.4%	0%	1.86%	7.7%	Uptrend Dip	Higher(7.6%)	10	78	3.4	1.4	1	Uptrend Dip	206.18(19.49%)	165.54-216.34	0.3	-8.4%-46.8%

21	Dec_23_2020	151.11 (1.4%)	162.16 (2%)	170.88 (4%)	171.6	183.06(0%)	188.37(2.09%)	185.54-203.88	2.2(2.5)	1.4	6.3%	2.3%	-3.2%	1.84%	7.3%	Overbought	Lower(-3.7%)	10	92	3.6	2.7	1	Growing Uptrend	208.79(10.84%)	180.81-215.77	1.36	0%-60.3%
22	Dec_22_2020	148.36 (1.2%)	158.18 (1.8%)	164.38 (3.6%)	163.09	168.14(0%)	184.52(12.15%)	165-186.63	2.6(2.9)	2.3	3.9%	2.3%	-4.2%	1.64%	6.6%	Overbought	Lower(-6.3%)	10	91	3	3.1	1.2	Growing Uptrend	198.67(7.67%)	176.65-204.19	0.81	0%-57%
23	Dec_21_2020	145.67 (1%)	154.24 (1.6%)	158.73 (1.6%)	158.41	160.14(0%)	164.53(2.86%)	156.73-166.1	1.7(1.9)	3.1	1.3%	1.4%	0%	1.4%	5.9%	Growing Uptrend	Higher(2.7%)	10	81	2.8	2.1	0.1	Uptrend	172.74(4.99%)	160.94-177.79	0.45	0%-40%
24	Dec_18_2020	144.1 (1%)	151.83 (1.4%)	156.24 (1.5%)	156.84	158.05(0%)	159.95(1.85%)	156.84-162.5	1.5(1.8)	3	1.1%	1.4%	0%	1.3%	5.4%	Growing Uptrend	Higher(2.5%)	10	75	2.5	1.9	1.9	Growing Uptrend	168.14(5.12%)	157.22-170.88	0.74	0%-36.1%
25	Dec_17_2020	142.7 (1%)	149.49 (1.2%)	154 (1.4%)	154.92	156.67(0%)	157.04(0.77%)	154.6-158.85	1.5(1.7)	3.2	1.1%	1.4%	0%	1.18%	4.8%	Growing Uptrend	Higher(2.5%)	9	72	2.4	1.7	1.8	Growing Uptrend	163.95(4.4%)	154.49-166.31	0.26	0%-33.6%
i	Date	ema20(Trend)	ema10(Trend)	ema5(Trend)	Slow Hourly Trend	Fast Hourly Trend	Close	ActualPriceRange	BBV	Hourly BBV	Daily Moving Force	Weekly Trend Force	Reversal Force	Trend	Trend Strength	Trend Pattern	Next Direction	C	RSI	Scale	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low