Trading Signals: PRLB Stock Price Prediction and Forecast

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

Thu. Apr. 15, 2021

Trading Signals: PRLB Stock Price Prediction and Forecast (Fri. Nov. 20, 2015 - Thu. Apr. 15, 2021)

(Proto Labs Inc.)
PRLB latest price $109.4500 (0.57%) ($108.8410 - $110.8000) on Thu. Apr. 15, 2021.

Trend Analysis and Forecast

Trend Pattern   Growing Downtrend
Trend Narrative   Relative Oversold
Average Daily Price Swing   $4.91 (4.19% one month average)
Average Daily Percentage Swing   4.46% (three month average)
Weekly Trend Force   -1% (StdDev 4.46%)
Daily Moving Force   -0.4%
Rebound Strength   None(0%)
Hourly Trend Strength   -0.08%
Trend   -0.86%
Trend Strength   -2.9%
Trend Clarity   -0.24(-1/4.91/117.14)
RSI   31
Momentum   0.9
Latest Price   $109.4500(0.57%)
Forecasted Low Price   106.71(-2.5%)
Forecasted High Price   110.65(1.1%)
Direction of Next Movement   Range(-0.5%)
% Change Needed to Confirm Rebound   2.8% ((112.53))
% Change Needed for Trend Reversal   6.1%
Hourly Trend -0.2% [$110.08(-0.27), $110.69(-0.7)]
Stocks Behave Similarly   Similar Stock List
Complacency   2
Intraday Reversal Probability   There's a high probability the price will reverse sharply to upside intraday or next day..
Daily Trend   PRLB declines -0.6% a day on average for past five trading days.
Weekly Trend   PRLB declines -4.2% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Normal for small cap.
Correlated ETFs   Broad market will support PRLB advance at 0.8% a week (77% probability)
EDOC(82%)    IBUY(76%)    PEJ(75%)    VFMO(75%)    XLB(74%)
Factors Impacting PRLB price   PRLB will advance at least 0.1% in a week (42% probabilities).
TBT(-55%)    OIH(-48%)    XLE(-33%)    XLF(-30%)    UUP(-26%)
Explanation The decline is not sustainable and not supported by the broad market.
Trading Plan   There're alternative trades for faster decline

Valuation to SPY -1.6

Relative Volatility -1.1 (options are cheap)

Market Trend Strength   -0.1% (StdDev 4.46%)
Hourly BBV -1 ()
Intraday Trend -0.9%

Next Hour Price   $109.67(0.2%)
1 - 5 Day Possible Target   $103.35(-5.57%)
Resistance Level   $117.14
5 Day Moving Average   $110.84(-1.25%)
10 Day Moving Average   $113.75(-3.78%)
20 Day Moving Average   $117.14(-6.56%)
To recent high   -56.4%
To recent low   0.6%
Market Cap   $2.928b

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   17.25%
% to Low Target Price   -4.07%
% to High Target Price   50.75%

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 4.19% (three month std-dev: 4.46% 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	Hourly Trend Strength	Trend	Trend Strength	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low
1	Apr_15_2021	117.14 (-1%)	113.75 (-0.8%)	110.84 (-0.6%)	110.69	110.08(0%)	109.45(0.57%)	108.84-110.8	-1.5(-1.6)	-1	-0.4%	-1%	0%	-0.08%	-0.86%	-2.9%	31	0.9	Growing Downtrend	Range(-1.4%)	2	-1.6	-0.8	Relative Oversold	110.11(0.6%)	106.7-112.89	0.11	-56.4%-0.6%
2	Apr_14_2021	118.2 (-0.8%)	114.95 (-0.6%)	111.51 (-0.8%)	111.39	110.35(0%)	108.83(-1.89%)	108.02-112.78	-1.5(-1.7)	-1	-0.8%	-1.1%	0%	-0.53%	-0.74%	-2.7%	41	1	Growing Downtrend	Range(-1%)	3	-1.7	-0.5	Growing Downtrend	108.09(-0.68%)	107.1-110.32	0.59	-56.7%-0%
3	Apr_13_2021	119.29 (-0.8%)	116.32 (-0.6%)	112.45 (-1.5%)	112.2	111.29(0%)	110.93(0.03%)	108.21-111.99	-1.4(-1.5)	0.1	-1.2%	-0.8%	0%	-0.72%	-0.64%	-2.5%	37	1	Growing Downtrend	Range(-2%)	4	-1.7	-0.8	Relative Oversold	112.02(0.98%)	108.61-114.79	0.67	-55.8%-0%
4	Apr_12_2021	120.55 (-0.6%)	117.17 (-0.6%)	114.11 (-1.6%)	113.7	112.44(0%)	110.9(-2.81%)	109.7-114.11	-1.3(-1.5)	-0.9	-1.1%	-0.9%	0%	-0.43%	-0.56%	-2.8%	30	1.2	Growing Downtrend	Range(-0.6%)	5	-1.8	-0.8	Growing Downtrend	110.13(-0.69%)	109.14-112.36	0.35	-55.8%-0%
5	Apr_9_2021	121.73 (-0.6%)	118.15 (-0.4%)	115.95 (-1%)	115.44	113.11(0%)	114.11(1.18%)	110.28-114.19	-1.2(-1.2)	0.2	-1.6%	-0.6%	0%	-1.45%	-0.46%	-2.9%	37	1.2	Growing Downtrend	Range(-2.2%)	5	-1.7	-1.2	Relative Oversold	115.11(0.88%)	111.78-117.83	0.4	-54.6%-1.2%

6	Apr_8_2021	122.78 (-0.4%)	118.69 (-0.4%)	117.14 (-1.5%)	117.7	114.96(0%)	112.78(-0.68%)	111.44-115.42	-1.1(-1.4)	-1	-2.2%	-0.4%	0%	-2.33%	-0.38%	-3.3%	41	1.3	Growing Downtrend	Lower(-2.3%)	5	-2	-1.4	Downtrend	112.41(-0.33%)	111.5-114.54	0.34	-55.1%-0%
7	Apr_7_2021	123.54 (-0.4%)	119.04 (-0.4%)	118.93 (-1.5%)	120.16	117.78(0%)	113.55(-4.73%)	112.91-120.02	-0.9(-1.5)	-1.7	-1.9%	-0.6%	0%	-1.31%	-0.42%	-3.6%	32	1.2	Growing Downtrend	Range(-0.1%)	5	-2	-1.7	Downtrend	113.2(-0.31%)	112.34-115.22	0.39	-54.8%-0%
8	Apr_6_2021	124.28 (-0.6%)	119.72 (-0.4%)	120.71 (0%)	122.21	120.45(0%)	119.19(-0.78%)	116.22-121.8	-0.7(-0.8)	-1.1	-0.9%	-0.4%	0%	-1.32%	-0.44%	-3.7%	36	1	Growing Downtrend	Range(-0.9%)	6	-1.4	-1.9	The Bottom	119.86(0.56%)	117.41-121.87	0.49	-52.5%-3.5%
9	Apr_5_2021	124.48 (-0.8%)	120.34 (-0.6%)	120.66 (-0%)	122.41	122.55(0%)	120.13(0.08%)	119-126.1	-0.7(-0.7)	-1.5	-0.5%	-0.3%	0%	-1.06%	-0.62%	-3.3%	31	1	Growing Downtrend	Range(-0.8%)	6	-1.4	-2	Rebound	122.16(1.69%)	118.66-123.66	0.34	-52.2%-4.3%
10	Apr_1_2021	125.04 (-0.8%)	120.69 (-0.8%)	120.68 (0.2%)	121.87	123.97(0%)	120.03(-1.41%)	119.7-127.65	-0.7(-0.8)	-1.2	1%	-0.2%	0%	0.76%	-0.78%	-3.5%	34	1	Downtrend Consolidation	Range(1.5%)	5	-1.2	-2.3	Rebound	121.97(1.62%)	118.26-123.57	0.54	-52.2%-4.2%

11	Mar_31_2021	125.58 (-1%)	120.78 (-1%)	120.48 (1.1%)	120.91	122.27(0%)	121.75(-0.58%)	121.75-129.6	-0.8(-0.6)	0.1	1.8%	-0.7%	0%	1.86%	-0.98%	-3.8%	35	1.1	Confirmed Rebound	Range(1.4%)	4	-0.9	-1.8	Downtrend	120.31(-1.18%)	119.5-122.23	0.58	-51.5%-5.7%
12	Mar_30_2021	126.4 (-1%)	121.59 (-1%)	119.17 (0.5%)	118.52	119.77(0%)	122.46(2.98%)	115.21-123.99	-1(-0.5)	1.1	0.3%	-0.7%	0%	0.71%	-1.06%	-3.8%	47	1.2	Downtrend Consolidation	Range(-0.4%)	3	-0.8	-2.5	Downtrend	120.54(-1.57%)	119.47-123.02	0.51	-51.2%-6.3%
13	Mar_29_2021	127.49 (-1.2%)	122.33 (-1%)	118.63 (-1.2%)	118.17	119.56(0%)	118.92(-1.08%)	116.4-122.92	-1.2(-0.9)	0.5	0.5%	-1.3%	0%	1%	-1.1%	-4%	43	1.5	Rebound	Range(-0.3%)	3	-1.3	-2.3	Growing Downtrend	116.89(-1.71%)	115.12-120.19	0.66	-52.6%-3.2%
14	Mar_26_2021	129.02 (-1.2%)	124.04 (-0.8%)	120.05 (-0.6%)	118.93	117.27(0%)	120.22(0.98%)	115.41-122.72	-1.2(-0.9)	1	-0.3%	-1.1%	0%	0.13%	-0.9%	-3.9%	51	1.5	Growing Downtrend	Range(-1.4%)	3	-1.2	-2	Downtrend	118.15(-1.72%)	116.7-121.54	0.51	-52.1%-4.4%
15	Mar_25_2021	130.26 (-1.4%)	125.45 (-0.6%)	120.78 (-0.3%)	120.43	116.78(0%)	119.05(3.35%)	109.17-120.12	-1.2(-1.1)	0.2	-2.1%	-1.2%	0%	-2.37%	-0.86%	-3.7%	42	1.5	Downtrend Pop	Lower(-3.3%)	4	-1.2	-2.2	Downtrend	117.09(-1.65%)	115.47-120.84	0.63	-52.6%-3.4%

16	Mar_24_2021	131.63 (-1.4%)	127.09 (-0.6%)	121.15 (-2.5%)	122.22	120.59(0%)	115.19(-3.83%)	114.55-122.67	-1.2(-1.6)	-2	-2.4%	-1.2%	0%	-1.96%	-0.86%	-3.4%	39	1.6	Growing Downtrend	Range(-1.7%)	5	-1.7	-1.8	Downtrend	113.42(-1.54%)	111.6-117.66	0.49	-54.1%-0%
17	Mar_23_2021	133.44 (-1.6%)	128.44 (-0.4%)	124.31 (-1.8%)	123.83	124.09(0%)	119.78(-4.94%)	119.05-127.45	-1(-1.3)	-1.7	-0.6%	-0.9%	0%	-0.02%	-0.8%	-3.8%	36	1.5	Growing Downtrend	Range(1%)	6	-1.4	-2.2	Downtrend	117.82(-1.64%)	116.09-121.85	0.32	-52.3%-0%
18	Mar_22_2021	135.08 (-1.6%)	129.34 (-0.6%)	126.52 (-1.7%)	125.34	123.86(0%)	126(1.69%)	121.8-127.01	-0.9(-0.8)	1	-0.7%	-0.3%	0%	-0.29%	-0.88%	-4.3%	35	1.7	Growing Downtrend	Range(-1%)	5	-1	-1	Rebound	128.48(1.97%)	121.68-131.4	0.33	-49.8%-4.2%
19	Mar_19_2021	136.95 (-1.6%)	129.08 (-0.8%)	128.71 (-1.7%)	127.32	123.57(0%)	123.9(2.48%)	118.09-124.82	-0.9(-0.9)	-0.5	-2.5%	-1%	0%	-1.79%	-1.04%	-5.7%	31	1.9	Growing Downtrend	Lower(-3.5%)	5	-1.1	-0.1	After Bottom	123.19(-0.57%)	115.48-129.51	0.7	-50.7%-2.5%
20	Mar_18_2021	139.37 (-1.8%)	129.88 (-0.8%)	130.91 (-2.2%)	130.87	126.83(0%)	120.9(-7.69%)	119.31-130.5	-0.8(-1.2)	-1.8	-2.6%	-1.2%	0%	-2.32%	-1.08%	-6.8%	33	2.1	Growing Downtrend	Range(0%)	5	-1.4	-1.3	Downtrend	117.04(-3.19%)	114.26-123.56	0.5	-51.9%-0%

21	Mar_17_2021	142.01 (-1.8%)	130.96 (-0.8%)	133.85 (0.6%)	133.03	131.08(0%)	130.97(0.11%)	124.67-132.25	-0.7(-0.7)	-0.6	-1.7%	-0.9%	0%	-2.22%	-1.08%	-7.8%	38	2.3	Growing Downtrend	Lower(-2.6%)	5	-1	-0.4	Downtrend	126.69(-3.27%)	124.02-132.9	0.41	-47.8%-7.1%
22	Mar_16_2021	144.4 (-2%)	131.7 (-1%)	133.08 (0.5%)	134.6	134.91(0%)	130.82(-4.5%)	128.24-137.54	-0.8(-0.8)	-1.7	0.2%	-1.2%	0%	-0.21%	-1.3%	-8.8%	34	2.4	Downtrend Consolidation	Range(1.3%)	5	-1.1	-0.4	Downtrend	125.82(-3.82%)	122.63-133.28	0.42	-47.9%-7%
23	Mar_15_2021	146.79 (-2.2%)	133.06 (-1.2%)	132.44 (2.3%)	134.07	134.98(0%)	136.98(1.54%)	134.35-139.07	-0.8(-0.5)	0.7	1.1%	-1.2%	0%	0.43%	-1.48%	-9.3%	37	2.4	Downtrend Consolidation	Range(-0.1%)	5	-0.8	0.6	Rebound	138.93(1.42%)	127.66-143.75	0.32	-45.5%-12%
24	Mar_12_2021	149.59 (-2.4%)	134.23 (-1.6%)	129.5 (0.5%)	132.22	134.3(0%)	134.9(-0.52%)	129.75-136.23	-1(-0.7)	0.4	0.9%	-1.1%	0%	0.91%	-1.8%	-10.3%	28	2.7	Downtrend Consolidation	Range(0.1%)	4	-0.9	0.1	Rebound	137.53(1.95%)	121.73-144.31	0.45	-46.3%-10.3%
25	Mar_11_2021	152.72 (-2.4%)	135.19 (-2%)	128.82 (0.8%)	130.43	133.16(0%)	135.6(6.67%)	131.27-138.51	-1.1(-0.7)	1.1	1.7%	-1.2%	0%	1.7%	-2.1%	-11.5%	25	2.9	Confirmed Rebound	Range(0.5%)	3	-0.9	-0.2	After Bottom	129.58(-4.44%)	110.91-144.86	0.6	-46%-10.9%
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	RSI	Momentum	Trend Pattern	Next Direction	C	RV	VIXCD	Trend-Narrative	NextDay PriceTarget	NextDayPriceRange	Volume millions	To High-Low