Overall PAL gets a technical rating of 8 out of 10. Both in the recent history as in the last year, PAL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- PAL is part of the Ground Transportation industry. There are 42 other stocks in this industry. PAL outperforms 95% of them.
- PAL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PAL is lagging the market slightly.
- In the last month PAL has a been trading in the 9.41 - 10.97 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- When comparing the yearly performance of all stocks, we notice that PAL is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, PAL also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 9.72, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.25
We found 2 important support areas.
- A support zone ranging from 9.64 to 9.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.34 to 9.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 10.09 to 10.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.55 from a horizontal 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 | UP | POSITIVE | The long term trend for PAL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PAL is up. |
| ChartMill Relative Strength | 91.4 | POSITIVE | PAL has a high relative strength, it outperformed 91.4% 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) | UP | POSITIVE | The current price of PAL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PAL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.42 | NEUTRAL | The RSI value for PAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PAL has a negative trend. |
| Stochastics (14,3) | 59.89 | NEUTRAL | The Stochastics value for PAL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.4 | HIGH VOLATILITY | The high ATR as a percentage value for PAL suggests high volalility. |
| Average Directional Index/ADX (14) | 14.51 | NEGATIVE | The low ADX value for PAL suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 10.15 | 9.63 | 0.52 (5.12%) | 19.52% |
| An entry @10.15. This is a Buy Stop order right above the resistance zone. | An exit @9.63. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.52 points, which is 5.12%. | For a 1.00% total portfolio risk, you can invest 19.52% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PAL. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
10.05
-0.43 (-4.1%)
PROFICIENT AUTO LOGISTICS IN / PAL FAQ
Can you provide the ChartMill technical rating for PROFICIENT AUTO LOGISTICS IN?
ChartMill assigns a technical rating of 8 / 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 Bullish.
What is the RSI signal for PAL stock?
PROFICIENT AUTO LOGISTICS IN (PAL) has an RSI value of 51.4166. This indicates that the stock is currently neutral.
What is the MACD signal for PROFICIENT AUTO LOGISTICS IN (PAL) stock?
The MACD indicator for PROFICIENT AUTO LOGISTICS IN (PAL) has a value of -0.00350775, indicating a bearish trend.
Can you provide the support and resistance levels for PROFICIENT AUTO LOGISTICS IN?
PROFICIENT AUTO LOGISTICS IN (PAL) has a support level at 9.72 and a resistance level at 10.09. Check the full technical report for our detailed analysis of PAL support and resistance levels.