Pacific Drilling S.A. (PACD) Technical Analysis
NYSE:PACD
Current stock price
PACD Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to PACD. PACD'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.
- 100% of all other stocks performed better in the past year than PACD.
- PACD is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PACD is lagging the market.
- In the last month PACD has a been trading in the 0.22 - 0.34 range, which is quite wide. It is currently trading near the lows of this range.
- PACD has an average volume of 6600700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
PACD Weekly and Daily overview Charts
PACD Setup Rating and Analysis
The technical rating of PACD is bad and it also does not present a 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
PACD Support and Resistance Analysis
0.23
We can see 3 important resistance areas.
- Resistance @0.23 from a trend line in the daily time frame.
- A resistance zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.29 from a trend line in the daily time frame.
PACD 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 PACD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PACD is down. |
| ChartMill Relative Strength | 0.39 | NEGATIVE | PACD has a low relative strength, it was outperformed by 99.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PACD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PACD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PACD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.77 | NEUTRAL | The RSI value for PACD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PACD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.32 | NEUTRAL | The Stochastics value for PACD is a neutral value. |
| Average True Range in percent/ATR (20) | 9.55 | HIGH VOLATILITY | The high ATR as a percentage value for PACD suggests high volalility. |
PACD Chart- and CandleStick Pattern Analysis
PACD Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:PACD (11/2/2020, 8:01:45 PM)
0.229
0 (0%)
Pacific Drilling S.A. / PACD TA FAQ
Can you provide the ChartMill technical rating for Pacific Drilling S.A.?
ChartMill assigns a technical rating of 0 / 10 to PACD.
What is the trend direction for PACD stock?
The current trend direction for Pacific Drilling S.A. (PACD) is Bearish.
What is the RSI signal for Pacific Drilling S.A. (PACD) stock?
Pacific Drilling S.A. (PACD) has an RSI value of 41.7689. This indicates that the stock is currently neutral.
What is the short term momentum for Pacific Drilling S.A. (PACD) stock?
The short term momentum for Pacific Drilling S.A. (PACD) is negative.
What is the buy/sell signal for Pacific Drilling S.A. (PACD) stock?
The buy/sell signal for Pacific Drilling S.A. (PACD) is sell as both the short term and long term trends are negative.