PACIFIC BIOSCIENCES OF CALIF (PACB) Technical Analysis
NASDAQ:PACB • US69404D1081
Current stock price
PACB Technical Rating and Analysis
Overall PACB gets a technical rating of 0 out of 10. PACB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, PACB is a bad performer in the overall market: 74% of all stocks are doing better.
- PACB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PACB is lagging the market.
- In the last month PACB has a been trading in the 1.23 - 1.68 range, which is quite wide. It is currently trading near the lows of this range.
- PACB is part of the Life Sciences Tools & Services industry. There are 56 other stocks in this industry. PACB outperforms 70% of them.
- PACB has an average volume of 6585160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PACB Weekly and Daily overview Charts
PACB Setup Rating and Analysis
PACB has a poor technical rating and the quality of the setup is also only medium 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
PACB Support and Resistance Analysis
1.25
2 important resistance areas can be observed.
- A resistance zone ranging from 1.39 to 1.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.63 from a horizontal line in the daily time frame.
PACB 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 | DOWN | NEGATIVE | The long term trend for PACB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PACB is down. |
| ChartMill Relative Strength | 26.55 | NEGATIVE | PACB has a low relative strength, it was outperformed by 73.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PACB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PACB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PACB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 34.76 | NEUTRAL | The RSI value for PACB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PACB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 41.43 | NEUTRAL | The Stochastics value for PACB is a neutral value. |
| Average True Range in percent/ATR (20) | 7.86 | HIGH VOLATILITY | The high ATR as a percentage value for PACB suggests high volalility. |
| Average Directional Index/ADX (14) | 27.75 | POSITIVE | The high ADX value value for PACB suggests a strong trend. |
PACB Chart- and CandleStick Pattern Analysis
PACB Technicals: Chart, Performance Metrics, Trend & Indicators
1.26
-0.09 (-6.67%)
PACIFIC BIOSCIENCES OF CALIF / PACB TA FAQ
What is the ChartMill technical rating of PACIFIC BIOSCIENCES OF CALIF (PACB) stock?
ChartMill assigns a technical rating of 0 / 10 to PACB.
Can you provide the trend direction for PACIFIC BIOSCIENCES OF CALIF?
The current trend direction for PACIFIC BIOSCIENCES OF CALIF (PACB) is Bearish.
What is the RSI signal for PACIFIC BIOSCIENCES OF CALIF (PACB) stock?
PACIFIC BIOSCIENCES OF CALIF (PACB) has an RSI value of 34.7581. This indicates that the stock is currently neutral.
What is the MACD signal for PACB stock?
The MACD indicator for PACIFIC BIOSCIENCES OF CALIF (PACB) has a value of 0.0149502, indicating a bearish trend.
Can you provide the short term momentum for PACIFIC BIOSCIENCES OF CALIF?
The short term momentum for PACIFIC BIOSCIENCES OF CALIF (PACB) is negative.