ABRDN PHYSICAL PALLADIUM SHS (PALL) Stock Technical Analysis
NYSEARCA:PALL - NYSE Arca - US0032621023 - ETF - Currency: USD
Taking everything into account, PALL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PALL is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that PALL is one of the better performing stocks in the market, outperforming 88% of all stocks.
PALL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
PALL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Although PALL has an excellent technical rating, the quality of the presented setup is not ideal 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
81.27
118.41
4 important support areas can be observed.
- A support zone ranging from 101.20 to 101.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @94.57 from a trend line in the daily time frame.
- Support @89.10 from a horizontal line in the daily time frame.
- A support zone ranging from 82.09 to 84.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 117.03 to 117.24. 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 | UP | POSITIVE | The long term trend for PALL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PALL is up. |
| ChartMill Relative Strength | 88.94 | POSITIVE | PALL has a high relative strength, it outperformed 88.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PALL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PALL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PALL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.98 | OVERBOUGHT | The high RSI value suggests PALL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.81 | POSITIVE | The MACD value suggests PALL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.45 | OVERBOUGHT | The high Stochastics value suggests PALL may be overbought. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for PALL suggests some volalility. |
| Average Directional Index/ADX (14) | 43.48 | POSITIVE | The high ADX value value for PALL 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)
117.02
+0.07 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.06%
1 Week3.67%
2 Weeks15.58%
1 Month20.45%
3 Month36.36%
6 Month29.62%
12 Month41.09%
2 Year-1.11%
3 Year-40.53%
5 Year-40.73%
10 Year97.97%
15 Year135.55%
Volatility
ATR(14)3.54
ATR(20)%3.08%
ATR Inc-27.65%
Range Today2.98
ADR(20)2.93
ADR(20)%2.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.94
Mansfield1.69
10 Day High119.3
10 Day Low102.02
20 Day High119.3
20 Day Low95.76
52 Week High119.3
52 Week Low77.52
CS1 End101.68
CR1 Start117.03
Volume & EV
DER(3)2.27%
DER(5)2.04%
Volume223.50K
Volume Incr-4.58%
Vol(5)319.66K
Vol(50)289.78K