PROFICIENT AUTO LOGISTICS IN (PAL) Technical Analysis
NASDAQ:PAL • US74317M1045
Current stock price
PAL Technical Rating and Analysis
Taking everything into account, PAL scores 0 out of 10 in our technical rating. PAL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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.
- 86% of all other stocks performed better in the past year than PAL.
- PAL is part of the Ground Transportation industry. There are 42 other stocks in this industry, of which 70% are performing better than PAL.
- PAL 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 PAL is lagging the market.
- In the last month PAL has a been trading in the 5.95 - 7.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
PAL Weekly and Daily overview Charts
PAL Setup Rating and Analysis
Although the technical rating is bad, PAL does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
PAL Support and Resistance Analysis
5.91
When analyzing the support we can see 2 important areas.
- Support @6.15 from a trend line in the weekly time frame.
- Support @5.97 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @6.79 from a horizontal line in the daily time frame.
- Resistance @9.53 from a trend line in the weekly time frame.
- Resistance @10.80 from a horizontal line in the weekly time frame.
PAL 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 PAL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PAL is neutral. |
| ChartMill Relative Strength | 14.2 | NEGATIVE | PAL has a low relative strength, it was outperformed by 85.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PAL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PAL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PAL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.98 | NEUTRAL | The RSI value for PAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests PAL has a positive trend. |
| Stochastics (14,3) | 67.22 | NEUTRAL | The Stochastics value for PAL is a neutral value. |
| Average True Range in percent/ATR (20) | 6.63 | HIGH VOLATILITY | The high ATR as a percentage value for PAL suggests high volalility. |
| Average Directional Index/ADX (14) | 22.12 | NEUTRAL | The ADX value for PAL suggests a possible start of a new trend. |
PAL Chart- and CandleStick Pattern Analysis
PAL Technicals: Chart, Performance Metrics, Trend & Indicators
6.67
-0.11 (-1.62%)
PROFICIENT AUTO LOGISTICS IN / PAL TA FAQ
Can you provide the ChartMill technical rating for PROFICIENT AUTO LOGISTICS IN?
ChartMill assigns a technical rating of 0 / 10 to PAL.
Can you provide the trend direction for PROFICIENT AUTO LOGISTICS IN?
The current trend direction for PROFICIENT AUTO LOGISTICS IN (PAL) is Bearish.
What is the RSI signal for PROFICIENT AUTO LOGISTICS IN (PAL) stock?
PROFICIENT AUTO LOGISTICS IN (PAL) has an RSI value of 45.9763. This indicates that the stock is currently neutral.
What is the support and resistance level for PAL stock?
PROFICIENT AUTO LOGISTICS IN (PAL) has a support level at 6.15 and a resistance level at 6.79. Check the full technical report for our detailed analysis of PAL support and resistance levels.