PANDORA MEDIA INC (P) Stock Technical Analysis
NYSE:P - New York Stock Exchange, Inc. -
We assign a technical rating of 6 out of 10 to P. Although P is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month P has a been trading in the 7.76 - 8.99 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, P did better than 95% of all other stocks. On top of that, P also shows a nice and consistent pattern of rising prices.
P has an average volume of 9573330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
P is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so P is lagging the market slightly.
Volume is considerably higher in the last couple of days.
P has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.62
9.68
4 important support areas can be observed.
- Support @8.34 from a trend line in the daily time frame.
- Support @8.18 from a trend line in the weekly time frame.
- Support @7.96 from a trend line in the daily time frame.
- A support zone ranging from 7.70 to 7.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 8.40 to 8.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.75 from a trend line in the daily time frame.
- A resistance zone ranging from 8.96 to 8.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @9.58 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for P is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for P is neutral. |
| ChartMill Relative Strength | 95.33 | POSITIVE | P has a high relative strength, it outperformed 95.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of P is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of P is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of P is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.85 | NEUTRAL | The RSI value for P is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests P has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.3 | NEUTRAL | The Stochastics value for P is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for P suggests some volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
8.38
-0.11 (-1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.3%
1 Week1.95%
2 Weeks-2.44%
1 Month0.24%
3 Month-3.34%
6 Month6.75%
12 Month64.96%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%3.4%
ATR Inc246.55%
Range Today1.07
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.33
Mansfield1.24
10 Day High8.83
10 Day Low7.77
20 Day High8.99
20 Day Low7.77
52 Week High10.07
52 Week Low4.17
CS1 End8.34
CR1 Start8.4
Volume & EV
DER(3)2.31%
DER(5)3.04%
Volume76.19M
Volume Incr290.97%
Vol(5)25.79M
Vol(50)9.57M