ABRDN PHYSICAL PALLADIUM SHS (PALL) Stock Technical Analysis
NYSEARCA:PALL - NYSE Arca - US0032621023 - ETF - Currency: USD
Taking everything into account, PALL scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PALL is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month PALL has a been trading in the 87.58 - 104.73 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that PALL is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this relatively good performance is mostly due to a recent big move.
PALL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PALL is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although PALL has an excellent technical rating, it does not offer a high 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
81.27
110.14
We found 6 important support areas.
- Support @103.21 from a trend line in the weekly time frame.
- A support zone ranging from 97.64 to 98.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 94.36 to 95.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 91.18 to 92.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @89.10 from a horizontal line in the daily time frame.
- A support zone ranging from 82.09 to 84.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @109.05 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 | 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 | 78.85 | POSITIVE | PALL has a high relative strength, it outperformed 78.85% 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) | 71.4 | OVERBOUGHT | The high RSI value suggests PALL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.6 | POSITIVE | The MACD value suggests PALL has a positive trend. |
| Stochastics (14,3) | 87.76 | OVERBOUGHT | The high Stochastics value suggests PALL may be overbought. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for PALL suggests some volalility. |
| Average Directional Index/ADX (14) | 25.07 | 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)
103.53
-0.38 (-0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.37%
1 Week7.96%
2 Weeks6.74%
1 Month16.08%
3 Month16.43%
6 Month23.51%
12 Month16.21%
2 Year-9.01%
3 Year-42.03%
5 Year-43.36%
10 Year58.91%
15 Year135.14%
Volatility
ATR(14)2.44
ATR(20)%2.24%
ATR Inc122.72%
Range Today2.41
ADR(20)1.73
ADR(20)%1.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.85
Mansfield0.76
10 Day High104.73
10 Day Low94.01
20 Day High104.73
20 Day Low87.58
52 Week High113.92
52 Week Low77.52
CS1 End103.21
CR1 Start109.05
Volume & EV
DER(3)9.15%
DER(5)8.06%
Volume366.90K
Volume Incr23.1%
Vol(5)342.34K
Vol(50)199.22K