DIREXION DAILY PANW BR 1X SH (PALD) Stock Technical Analysis
USA - NASDAQ:PALD - US25461A3611 - ETF
21.48 USD
+0.65 (+3.11%)
21.82 USD
+0.34 (+1.58%)
Taking everything into account, PALD scores 1 out of 10 in our technical rating. In the last year, PALD was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, PALD is a bad performer in the overall market: 100% of all stocks are doing better.
In the last month PALD has a been trading in the 20.59 - 23.01 range, which is quite wide. It is currently trading near the lows of this range.
Warning: PALD has an average volume of 2278 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Considerably lower volume is observed in the last couple of days.
The technical rating of PALD is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
21.27
26.21
When analyzing the resistance we notice 2 important areas.
- Resistance @25.01 from a trend line in the daily time frame.
- Resistance @25.95 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 | UP | POSITIVE | The long term trend for PALD is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PALD is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | PALD has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PALD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PALD is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 41.84 | NEUTRAL | The RSI value for PALD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PALD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.77 | OVERSOLD | The low Stochastics value suggests PALD may be oversold. |
| Average True Range in percent/ATR (20) | 1.48 | LOW VOLATILITY | The low ATR as a percentage value for PALD suggests low volalility. |
| Average Directional Index/ADX (14) | 36.69 | POSITIVE | The high ADX value value for PALD suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
21.48
+0.65 (+3.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.11%
1 Week-0.76%
2 Weeks-3.04%
1 Month-5.55%
3 Month-11.2%
6 Month-21.76%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%1.48%
ATR Inc65.3%
Range Today0.76
ADR(20)0.16
ADR(20)%0.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High22.03
10 Day Low20.59
20 Day High23.01
20 Day Low20.59
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start25.01
Volume & EV
DER(3)0.69%
DER(5)0.42%
Volume4.80K
Volume Incr88.27%
Vol(5)1.36K
Vol(50)2.28K