PROFICIENT AUTO LOGISTICS IN (PAL) Stock Technical Analysis
USA - NASDAQ:PAL - US74317M1045 - Common Stock
Taking everything into account, PAL scores 4 out of 10 in our technical rating. PAL has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
PAL has an average technical rating and it also does not offer a high 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
5.91
2 important support areas can be observed.
- Support @6.54 from a trend line in the daily time frame.
- Support @5.97 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @8.33 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for PAL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PAL is neutral. |
| ChartMill Relative Strength | 22.53 | NEGATIVE | PAL has a low relative strength, it was outperformed by 77.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PAL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PAL is above the rising 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) | 58.49 | NEUTRAL | The RSI value for PAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests PAL has a positive trend. |
| Stochastics (14,3) | 59.85 | NEUTRAL | The Stochastics value for PAL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.66 | HIGH VOLATILITY | The high ATR as a percentage value for PAL suggests high volalility. |
| Average Directional Index/ADX (14) | 23.84 | NEUTRAL | The ADX value for PAL suggests a possible start of a new trend. |
7.8
-0.75 (-8.77%)
PROFICIENT AUTO LOGISTICS IN / PAL FAQ
Can you provide the ChartMill technical rating for PROFICIENT AUTO LOGISTICS IN?
ChartMill assigns a technical rating of 4 / 10 to PAL.
What is the trend direction for PAL stock?
The current trend direction for PROFICIENT AUTO LOGISTICS IN (PAL) is Bearish.
What is the RSI signal for PAL stock?
PROFICIENT AUTO LOGISTICS IN (PAL) has an RSI value of 58.487. This indicates that the stock is currently neutral.
What is the short term momentum for PAL stock?
The short term momentum for PROFICIENT AUTO LOGISTICS IN (PAL) is neutral.