PACIFIC BIOSCIENCES OF CALIF (PACB) Stock Technical Analysis
USA - NASDAQ:PACB - US69404D1081 - Common Stock
Overall PACB gets a technical rating of 7 out of 10. Although PACB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although PACB has an excellent technical rating, it 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
1.18
We found 2 important support areas.
- A support zone ranging from 1.29 to 1.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.19 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for PACB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PACB is neutral. |
| ChartMill Relative Strength | 60.8 | NEUTRAL | PACB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PACB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PACB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PACB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.08 | NEUTRAL | The RSI value for PACB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests PACB has a negative trend. |
| Stochastics (14,3) | 34.19 | NEUTRAL | The Stochastics value for PACB is a neutral value. |
| Average True Range in percent/ATR (20) | 10.57 | HIGH VOLATILITY | The high ATR as a percentage value for PACB suggests high volalility. |
| Average Directional Index/ADX (14) | 25.53 | POSITIVE | The high ADX value value for PACB suggests a strong trend. |
1.78
-0.13 (-7.05%)
PACIFIC BIOSCIENCES OF CALIF / PACB FAQ
What is the ChartMill technical rating of PACIFIC BIOSCIENCES OF CALIF (PACB) stock?
ChartMill assigns a technical rating of 7 / 10 to PACB.
What is the trend direction for PACB stock?
The current trend direction for PACIFIC BIOSCIENCES OF CALIF (PACB) is Bullish.
Can you provide the RSI signal for PACIFIC BIOSCIENCES OF CALIF?
PACIFIC BIOSCIENCES OF CALIF (PACB) has an RSI value of 49.0825. This indicates that the stock is currently neutral.
What is the MACD signal for PACIFIC BIOSCIENCES OF CALIF (PACB) stock?
The MACD indicator for PACIFIC BIOSCIENCES OF CALIF (PACB) has a value of -0.0272309, indicating a bearish trend.