PACIFICO ACQUISTION CORP (PAFO) Technical Analysis
NASDAQ:PAFO • US69512X1037
Current stock price
PAFO Technical Rating and Analysis
Overall PAFO gets a technical rating of 0 out of 10. PAFO'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, PAFO is a bad performer in the overall market: 100% of all stocks are doing better.
- PAFO is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month PAFO has a been trading in the 4.16 - 10.43 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Considerably lower volume is observed in the last couple of days.
PAFO Weekly and Daily overview Charts
PAFO Setup Rating and Analysis
The technical rating of PAFO 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
PAFO Support and Resistance Analysis
4.16
We found 1 important resistance area.
- A resistance zone ranging from 10.00 to 10.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
PAFO 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 PAFO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PAFO is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | PAFO has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PAFO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PAFO is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 30.67 | NEUTRAL | The RSI value for PAFO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests PAFO has a negative trend. |
| Stochastics (14,3) | 37.12 | NEUTRAL | The Stochastics value for PAFO is a neutral value. |
| Average True Range in percent/ATR (20) | 33.71 | HIGH VOLATILITY | The high ATR as a percentage value for PAFO suggests high volalility. |
| Average Directional Index/ADX (14) | 29.51 | POSITIVE | The high ADX value value for PAFO suggests a strong trend. |
PAFO Chart- and CandleStick Pattern Analysis
PAFO Technicals: Chart, Performance Metrics, Trend & Indicators
4.2
-3.7 (-46.84%)
PACIFICO ACQUISTION CORP / PAFO TA FAQ
Can you provide the ChartMill technical rating for PACIFICO ACQUISTION CORP?
ChartMill assigns a technical rating of 0 / 10 to PAFO.
What is the trend direction for PAFO stock?
The current trend direction for PACIFICO ACQUISTION CORP (PAFO) is Bearish.
What is the RSI signal for PACIFICO ACQUISTION CORP (PAFO) stock?
PACIFICO ACQUISTION CORP (PAFO) has an RSI value of 30.6703. This indicates that the stock is currently neutral.
What is the buy/sell signal for PAFO stock?
The buy/sell signal for PACIFICO ACQUISTION CORP (PAFO) is sell as both the short term and long term trends are negative.
What is the support and resistance level for PAFO stock?
PACIFICO ACQUISTION CORP (PAFO) has a resistance level at 10. Check the full technical report for our detailed analysis of PAFO support and resistance levels.