PAMPA ENERGIA SA-SPON ADR (PAM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PAM - US6976602077 - ADR
We assign a technical rating of 4 out of 10 to PAM. In the last year, PAM was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
PAM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 82.18, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PAM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
61.06
When analyzing the support we can see 2 important areas.
- A support zone ranging from 81.18 to 82.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @61.68 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 82.83 to 83.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 86.38 to 87.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 90.03 to 90.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @92.27 from a horizontal 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 PAM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PAM is down. |
| ChartMill Relative Strength | 72.82 | POSITIVE | PAM has a high relative strength, it outperformed 72.82% 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 | MIXED | The current price of PAM is below 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) | 37.46 | NEUTRAL | The RSI value for PAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.85 | NEGATIVE | The MACD value suggests PAM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.18 | NEUTRAL | The Stochastics value for PAM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for PAM suggests some volalility. |
| Average Directional Index/ADX (14) | 20.41 | NEUTRAL | The ADX value for PAM suggests a possible start of a new trend. |
82.19
-0.36 (-0.44%)
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 4 / 10 to PAM.
What is the current trend direction of PAMPA ENERGIA SA-SPON ADR (PAM) stock?
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 37.4575. This indicates that the stock is currently neutral.
What is the MACD signal for PAM stock?
The MACD indicator for PAMPA ENERGIA SA-SPON ADR (PAM) has a value of -0.850101, indicating a bearish trend.
What is the short term momentum for PAM stock?
The short term momentum for PAMPA ENERGIA SA-SPON ADR (PAM) is negative.