Taking everything into account, PAL scores 9 out of 10 in our technical rating. 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.
Although PAL has an excellent technical rating, it does not present a decent entry opportunity 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 3 important support areas.
- A support zone ranging from 9.74 to 9.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.30 from a trend line in the daily time frame.
- Support @5.97 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 9.88 to 9.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.40 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 | 89.91 | POSITIVE | PAL has a high relative strength, it outperformed 89.91% 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) | 64.02 | NEUTRAL | The RSI value for PAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PAL has a negative trend. |
| Stochastics (14,3) | 65.08 | NEUTRAL | The Stochastics value for PAL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.38 | HIGH VOLATILITY | The high ATR as a percentage value for PAL suggests high volalility. |
| Average Directional Index/ADX (14) | 44.97 | POSITIVE | The high ADX value value for PAL suggests a strong trend. |
9.75
-0.2 (-2.01%)
PROFICIENT AUTO LOGISTICS IN / PAL FAQ
Can you provide the ChartMill technical rating for PROFICIENT AUTO LOGISTICS IN?
ChartMill assigns a technical rating of 9 / 10 to PAL.
What is the trend direction for PAL stock?
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 64.0198. 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 positive.
What is the buy/sell signal for PROFICIENT AUTO LOGISTICS IN (PAL) stock?
The buy/sell signal for PROFICIENT AUTO LOGISTICS IN (PAL) is buy as both the short term and long term trends are positive.