PROFICIENT AUTO LOGISTICS IN (PAL) Stock Technical Analysis
USA - NASDAQ:PAL - US74317M1045 - Common Stock
Overall PAL gets a technical rating of 2 out of 10. PAL'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.
PAL has a poor technical rating and the quality of the setup is also only medium 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.
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5.91
When analyzing the support we notice one important area.
- Support @5.97 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.38 to 7.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.95 from a trend line 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 | 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 | 19.99 | NEGATIVE | PAL has a low relative strength, it was outperformed by 80.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PAL is below the rising 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) | 45.59 | NEUTRAL | The RSI value for PAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PAL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.25 | NEUTRAL | The Stochastics value for PAL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.25 | HIGH VOLATILITY | The high ATR as a percentage value for PAL suggests high volalility. |
| Average Directional Index/ADX (14) | 24.41 | NEUTRAL | The ADX value for PAL suggests a possible start of a new trend. |
6.6
-0.37 (-5.31%)
PROFICIENT AUTO LOGISTICS IN / PAL FAQ
Can you provide the ChartMill technical rating for PROFICIENT AUTO LOGISTICS IN?
ChartMill assigns a technical rating of 2 / 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 45.5936. 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.