PACIFIC BIOSCIENCES OF CALIF (PACB) Stock Technical Analysis
USA - NASDAQ:PACB - US69404D1081 - Common Stock
1.27 USD
-0.01 (-0.78%)
1.27 USD
0 (0%)
Taking everything into account, PACB scores 2 out of 10 in our technical rating. PACB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, PACB is a bad performer in the overall market: 88% of all stocks are doing better.
PACB is part of the Life Sciences Tools & Services industry. There are 55 other stocks in this industry, of which 66% are performing better than PACB.
PACB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
PACB has an average volume of 7068470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PACB has a been trading in the 1.15 - 1.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, PACB does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.19, a Stop Loss order could be placed below this zone.
More info and screens
1.15
1.58
We found 2 important support areas.
- A support zone ranging from 1.19 to 1.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 1.16 to 1.16. 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 1.34 to 1.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.38 to 1.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.51 from a trend line in the daily time frame.
- Resistance @1.56 from a trend 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 | DOWN | NEGATIVE | The long term trend for PACB is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PACB is neutral. |
| ChartMill Relative Strength | 12.43 | NEGATIVE | PACB has a low relative strength, it was outperformed by 87.57% off all stocks 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) | DOWN | NEGATIVE | The current price of PACB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PACB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.15 | NEUTRAL | The RSI value for PACB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PACB has a positive trend. |
| Stochastics (14,3) | 56.05 | NEUTRAL | The Stochastics value for PACB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.78 | HIGH VOLATILITY | The high ATR as a percentage value for PACB suggests high volalility. |
| Average Directional Index/ADX (14) | 10.39 | NEGATIVE | The low ADX value for PACB suggests a weak or negative trend. |
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)
1.27
-0.01 (-0.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-0.78%
1 Week8.55%
2 Weeks0%
1 Month0.79%
3 Month0%
6 Month-2.31%
12 Month-30.41%
2 Year-84.79%
3 Year-78.12%
5 Year-87.13%
10 Year-65.3%
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%5.78%
ATR Inc20.19%
Range Today0.08
ADR(20)0.07
ADR(20)%5.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.43
Mansfield-2.49
10 Day High1.34
10 Day Low1.15
20 Day High1.4
20 Day Low1.15
52 Week High2.72
52 Week Low0.85
CS1 End1.19
CR1 Start1.34
Volume & EV
DER(3)2.66%
DER(5)1.85%
Volume9.55M
Volume Incr65.47%
Vol(5)8.12M
Vol(50)7.07M