PANDORA MEDIA INC (P) Technical Analysis
NYSE:P
Current stock price
P Technical Rating and Analysis
Taking everything into account, P scores 6 out of 10 in our technical rating. 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 Weekly and Daily overview Charts
P Setup Rating and Analysis
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
P Support and Resistance Analysis
7.62
We found 4 important support areas.
- 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.
When analyzing the resistance we notice 4 important areas.
- 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.
P Technical Indicator Signal Analysis
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. |
P Chart- and CandleStick Pattern Analysis
P Technicals: Chart, Performance Metrics, Trend & Indicators
8.38
-0.11 (-1.3%)
PANDORA MEDIA INC / P TA FAQ
What is the technical rating for P stock?
ChartMill assigns a technical rating of 5 / 10 to P.
What is the current trend direction of PANDORA MEDIA INC (P) stock?
The current trend direction for PANDORA MEDIA INC (P) is Bearish.
Can you provide the RSI signal for PANDORA MEDIA INC?
PANDORA MEDIA INC (P) has an RSI value of 47.8504. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for PANDORA MEDIA INC?
PANDORA MEDIA INC (P) has a support level at 8.34 and a resistance level at 8.4. Check the full technical report for our detailed analysis of P support and resistance levels.