PACWEST BANCORP (PACW)
US6952631033 - Common Stock
Overall PACW gets a technical rating of 2 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 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, PACW is a bad performer in the overall market: 88% of all stocks are doing better.
PACW is one of the lesser performing stocks in the Banks industry. 96% of 416 stocks in the same industry do better.
PACW 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.
PACW 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.
PACW has an average volume of 3852070 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PACW has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 8.10. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.83, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PACW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.68
12.41
4 important support areas can be observed.
- A support zone ranging from 7.66 to 7.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @7.44 from a trend line in the daily time frame.
- Support @7.22 from a trend line in the weekly time frame.
- 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.
We can see 3 important resistance areas.
- A resistance zone ranging from 8.10 to 8.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.34 from a trend line in the daily time frame.
- Resistance @12.29 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.55
Mansfield-4.35
10 Day High8.37
10 Day Low7.62
20 Day High8.39
20 Day Low6.8
52 Week High30.07
52 Week Low2.48
Performance
1 Week-5.76%
2 Weeks6.94%
1 Month14.58%
3 Month-4.61%
6 Month2.48%
12 Month-69.64%
2 Year-82.43%
3 Year-66.21%
5 Year-80.47%
10 Year-80.89%
15 Year-70.45%
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)0.01
RSI(14)51.06
LBB7.2
UBB8.59
PACWEST BANCORP
NASDAQ:PACW (11/28/2023, 7:21:30 PM)
Premarket: 8 +0.14 (+1.78%)7.86
+0.02 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.26%
1 Week-5.76%
2 Weeks6.94%
1 Month14.58%
3 Month-4.61%
6 Month2.48%
12 Month-69.64%
2 Year-82.43%
3 Year-66.21%
5 Year-80.47%
10 Year-80.89%
15 Year-70.45%
Volatility
ATR(14)0.3
ATR(20)%4.37%
ATR Inc-10.91%
Range Today0.27
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.55
Mansfield-4.35
10 Day High8.37
10 Day Low7.62
20 Day High8.39
20 Day Low6.8
52 Week High30.07
52 Week Low2.48
CS1 End7.83
CR1 Start8.1
Volume & EV
DER(3)6.59%
DER(5)5.53%
Volume4.73M
Volume Incr-31.58%
Vol(5)3.21M
Vol(50)3.85M