PACWEST BANCORP (PACW)

US6952631033 - Common Stock

7.54  -0.21 (-2.71%)

After market: 7.6 +0.06 (+0.8%)

Technical Rating and Analysis

1

Overall PACW gets a technical rating of 1 out of 10. PACW'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, PACW is a bad performer in the overall market: 90% of all stocks are doing better.
PACW is one of the lesser performing stocks in the Banks industry. 97% of 411 stocks in the same industry do better.
PACW 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 PACW is lagging the market.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
PACW has an average volume of 4913340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PACW has a been trading in the 7.14 - 8.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
PACW Weekly chart
PACW Daily chart
Setup Rating and Analysis

3

The technical rating of PACW 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.

Support and Resistance Analysis

6.68

12.41

3 important support areas can be observed.

  • Support @7.50 from a trend line in the daily time frame.
  • A support zone ranging from 7.22 to 7.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 6.75 to 6.75. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 7.85 to 7.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 8.16 to 8.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @9.31 from a trend line in the daily time frame.
  • Resistance @12.29 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.13
Mansfield-4.59
10 Day High8.44
10 Day Low7.46
20 Day High8.44
20 Day Low7.15
52 Week High30.07
52 Week Low2.48
Performance
1 Week-7.03%
2 Weeks-8.61%
1 Month4.87%
3 Month-8.5%
6 Month-1.69%
12 Month-70.88%
2 Year-83.15%
3 Year-67.58%
5 Year-81.26%
10 Year-81.67%
15 Year-71.65%
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)45
LBB7.28
UBB8.57
PACW Daily chart

PACWEST BANCORP

NASDAQ:PACW (11/30/2023, 7:16:12 PM)

After market: 7.6 +0.06 (+0.8%)

7.54

-0.21 (-2.71%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.71%
1 Week-7.03%
2 Weeks-8.61%
1 Month4.87%
3 Month-8.5%
6 Month-1.69%
12 Month-70.88%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.34
ATR(20)%4.95%
ATR Inc
Range Today0.54
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.44
10 Day Low7.46
20 Day High8.44
20 Day Low7.15
52 Week High30.07
52 Week Low2.48
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume24.72M
Volume Incr258.61%
Vol(5)13.38M
Vol(50)4.91M