PROFICIENT AUTO LOGISTICS IN (PAL) Stock Technical Analysis
NASDAQ:PAL • US74317M1045
We assign a technical rating of 0 out of 10 to PAL. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, PAL is a bad performer in the overall market: 83% of all stocks are doing better.
- PAL is one of the lesser performing stocks in the Ground Transportation industry. 70% of 42 stocks in the same industry do better.
- In the last month PAL has a been trading in the 6.87 - 10.97 range, which is quite wide. It is currently trading near the lows of this range.
- PAL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PAL is lagging the market.
The technical rating of PAL 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
6.98
2 important support areas can be observed.
- Support @7.19 from a trend line in the daily time frame.
- A support zone ranging from 7.05 to 7.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.58 to 7.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.12 from a trend line in the weekly time frame.
- Resistance @10.80 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 | DOWN | NEGATIVE | The long term trend for PAL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PAL is down. |
| ChartMill Relative Strength | 17.2 | NEGATIVE | PAL has a low relative strength, it was outperformed by 82.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PAL is below 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) | 38.11 | NEUTRAL | The RSI value for PAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests PAL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.53 | OVERSOLD | The low Stochastics value suggests PAL may be oversold. |
| Average True Range in percent/ATR (20) | 8.84 | HIGH VOLATILITY | The high ATR as a percentage value for PAL suggests high volalility. |
| Average Directional Index/ADX (14) | 28.07 | POSITIVE | The high ADX value value for PAL suggests a strong trend. |
7.57
-0.01 (-0.13%)
PROFICIENT AUTO LOGISTICS IN / PAL 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 PAL stock?
PROFICIENT AUTO LOGISTICS IN (PAL) has an RSI value of 38.1063. 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 -0.0334486, 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 7.19 and a resistance level at 7.58. Check the full technical report for our detailed analysis of PAL support and resistance levels.