Overall PAL gets a technical rating of 7 out of 10. In the last year, PAL was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although PAL has an excellent technical rating, it 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
We found 2 important support areas.
- A support zone ranging from 7.00 to 7.09. This zone is formed by a combination of multiple trend lines and important moving averages 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.
- A resistance zone ranging from 9.39 to 9.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for PAL is up. |
| ChartMill Relative Strength | 75.99 | POSITIVE | PAL has a high relative strength, it outperformed 75.99% 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 | MIXED | The current price of PAL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.41 | OVERBOUGHT | The high RSI value suggests PAL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests PAL has a positive trend. |
| Stochastics (14,3) | 84.91 | OVERBOUGHT | The high Stochastics value suggests PAL may be overbought. |
| Average True Range in percent/ATR (20) | 6.37 | HIGH VOLATILITY | The high ATR as a percentage value for PAL suggests high volalility. |
| Average Directional Index/ADX (14) | 30.18 | POSITIVE | The high ADX value value for PAL suggests a strong trend. |
9.38
+0.2 (+2.18%)
PROFICIENT AUTO LOGISTICS IN / PAL FAQ
Can you provide the ChartMill technical rating for PROFICIENT AUTO LOGISTICS IN?
ChartMill assigns a technical rating of 7 / 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 71.4064. This indicates that the stock is currently overbought.
What is the short term momentum for PAL stock?
The short term momentum for PROFICIENT AUTO LOGISTICS IN (PAL) is positive.