Technical Breakout Setups. Analyze the stocks with the best technicals forming a breakout setup pattern at the moment.
Nasdaq / Real Estate / Specialized REITs
Taking everything into account, PCH scores 7 out of 10 in our technical rating. In the last year, PCH was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Besides having an excellent technical rating, PCH also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 43.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 42.49, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PCH in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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36.78
When analyzing the support we can see 3 important areas.
- A support zone ranging from 41.09 to 42.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @40.11 from a horizontal line in the daily time frame.
- A support zone ranging from 37.15 to 38.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 43.99 to 44.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 45.19 to 45.61. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 46.44 to 47.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PCH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PCH is up. |
| ChartMill Relative Strength | 46.92 | NEUTRAL | PCH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PCH is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PCH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PCH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.04 | NEUTRAL | The RSI value for PCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests PCH has a negative trend. |
| Stochastics (14,3) | 55.02 | NEUTRAL | The Stochastics value for PCH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for PCH suggests some volalility. |
| Average Directional Index/ADX (14) | 22.64 | NEUTRAL | The ADX value for PCH suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 43.15 | 42.07 | 1.08 (2.50%) | 25.00% |
| An entry @43.15. This is a Buy Stop order right above the 10 day moving average. | An exit @42.07. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.08 points, which is 2.50%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.62%. |
- The distance between exit and entry is rather small compared to the average daily movement of PCH. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.