PAMPA ENERGIA SA-SPON ADR (PAM) Stock Technical Analysis
NYSE:PAM - New York Stock Exchange, Inc. - US6976602077 - ADR - Currency: USD
Taking everything into account, PAM scores 5 out of 10 in our technical rating. Although PAM has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
PAM is one of the better performing stocks in the Electric Utilities industry, it outperforms 84% of 47 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that PAM is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
PAM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PAM is lagging the market.
In the last month PAM has a been trading in the 68.97 - 83.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PAM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 71.68, a Stop Loss order could be placed below this zone.
More info and screens
52.17
85.92
We found 3 important support areas.
- A support zone ranging from 70.82 to 71.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 68.52 to 68.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @52.70 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 75.00 to 76.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 81.97 to 82.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 84.07 to 85.07. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for PAM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PAM is neutral. |
| ChartMill Relative Strength | 80.79 | POSITIVE | PAM has a high relative strength, it outperformed 80.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PAM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PAM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PAM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.43 | NEUTRAL | The RSI value for PAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests PAM has a negative trend. |
| Stochastics (14,3) | 17.2 | OVERSOLD | The low Stochastics value suggests PAM may be oversold. |
| Average True Range in percent/ATR (20) | 4.4 | MEDIUM VOLATILITY | The ATR as a percentage value for PAM suggests some volalility. |
| Average Directional Index/ADX (14) | 18.87 | NEGATIVE | The low ADX value for PAM suggests a weak or negative 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)
74.99
+0.67 (+0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.9%
1 Week-0.78%
2 Weeks0.48%
1 Month7.16%
3 Month-8.95%
6 Month-6.86%
12 Month46.64%
2 Year64.6%
3 Year207.46%
5 Year552.65%
10 Year370.45%
15 Year623.84%
Volatility
ATR(14)3.42
ATR(20)%4.4%
ATR Inc-39.97%
Range Today2.64
ADR(20)3.25
ADR(20)%4.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.79
Mansfield-0.95
10 Day High83.1
10 Day Low72.75
20 Day High83.1
20 Day Low68.97
52 Week High97.55
52 Week Low50.44
CS1 End71.68
CR1 Start75
Volume & EV
DER(3)-0.12%
DER(5)1.09%
Volume137.78K
Volume Incr-34.1%
Vol(5)169.72K
Vol(50)215.94K