PACS GROUP INC (PACS) Stock Technical Analysis
NYSE:PACS - New York Stock Exchange, Inc. - US69380Q1076 - Common Stock - Currency: USD
Taking everything into account, PACS scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. PACS was also a bad performer in the overall market in the last year.
86% of all other stocks performed better in the past year than PACS.
PACS is one of the lesser performing stocks in the Health Care Providers & Services industry. 62% of 103 stocks in the same industry do better.
PACS 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.
PACS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
PACS has an average technical rating and also the quality of the setup is 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
10.51
13.61
2 important support areas can be observed.
- Support @12.64 from a horizontal line in the daily time frame.
- Support @10.62 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.16 to 13.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 PACS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PACS is up. |
| ChartMill Relative Strength | 14.87 | NEGATIVE | PACS has a low relative strength, it was outperformed by 85.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PACS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PACS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PACS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 70.8 | OVERBOUGHT | The high RSI value suggests PACS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests PACS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.6 | NEUTRAL | The Stochastics value for PACS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.11 | HIGH VOLATILITY | The high ATR as a percentage value for PACS suggests high volalility. |
| Average Directional Index/ADX (14) | 36.65 | POSITIVE | The high ADX value value for PACS suggests a strong 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)
13.14
+0.1 (+0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.77%
1 Week2.26%
2 Weeks-1.2%
1 Month29.2%
3 Month37.74%
6 Month-1.57%
12 Month-55.55%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%5.11%
ATR Inc-23.25%
Range Today0.54
ADR(20)0.67
ADR(20)%5.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.87
Mansfield-4.3
10 Day High13.84
10 Day Low12.4
20 Day High13.84
20 Day Low10.05
52 Week High43.92
52 Week Low8.28
CS1 End12.64
CR1 Start13.19
Volume & EV
DER(3)2.16%
DER(5)1.4%
Volume301.02K
Volume Incr1.92%
Vol(5)695.12K
Vol(50)564.55K