Taking everything into account, PAFO scores 0 out of 10 in our technical rating. 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.
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
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.
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. |
4.2
-3.7 (-46.84%)
PACIFICO ACQUISTION CORP / PAFO 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.
Can you provide the RSI signal for PACIFICO ACQUISTION CORP?
PACIFICO ACQUISTION CORP (PAFO) has an RSI value of 30.6703. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PACIFICO ACQUISTION CORP?
The MACD indicator for PACIFICO ACQUISTION CORP (PAFO) has a value of -0.125605, indicating a bearish trend.
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.