PAMPA ENERGIA SA-SPON ADR (PAM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PAM - US6976602077 - ADR
Taking everything into account, PAM scores 8 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, PAM is showing a nice and steady performance.
PAM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 85.39, a Stop Loss order could be placed below this zone.
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60.07
When analyzing the support we can see 3 important areas.
- Support @85.39 from a horizontal line in the daily time frame.
- Support @64.08 from a trend line in the daily time frame.
- Support @60.68 from a trend 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 PAM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PAM is up. |
| ChartMill Relative Strength | 88.08 | POSITIVE | PAM has a high relative strength, it outperformed 88.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PAM is below a declining 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 | POSITIVE | The current price of PAM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.32 | NEUTRAL | The RSI value for PAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.91 | NEGATIVE | The MACD value suggests PAM has a negative trend. |
| Stochastics (14,3) | 29.52 | NEUTRAL | The Stochastics value for PAM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for PAM suggests some volalility. |
| Average Directional Index/ADX (14) | 21.39 | NEUTRAL | The ADX value for PAM suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 89.61 | 86.40 | 3.21 (3.58%) | 25.00% |
| An entry @89.61. This is a Buy Stop order right above the 10 day moving average. | An exit @86.40. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.21 points, which is 3.58%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.90%. |
- The distance between exit and entry is rather small compared to the average daily movement of PAM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
87.23
-1.17 (-1.32%)
PAMPA ENERGIA SA-SPON ADR / PAM FAQ
Can you provide the ChartMill technical rating for PAMPA ENERGIA SA-SPON ADR?
ChartMill assigns a technical rating of 8 / 10 to PAM.
Can you provide the trend direction for PAMPA ENERGIA SA-SPON ADR?
The current trend direction for PAMPA ENERGIA SA-SPON ADR (PAM) is Bullish.
What is the RSI signal for PAMPA ENERGIA SA-SPON ADR (PAM) stock?
PAMPA ENERGIA SA-SPON ADR (PAM) has an RSI value of 50.3184. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PAMPA ENERGIA SA-SPON ADR?
The MACD indicator for PAMPA ENERGIA SA-SPON ADR (PAM) has a value of -0.905896, indicating a bearish trend.
What is the buy/sell signal for PAMPA ENERGIA SA-SPON ADR (PAM) stock?
The buy/sell signal for PAMPA ENERGIA SA-SPON ADR (PAM) is buy as both the short term and long term trends are positive.