PAMPA ENERGIA SA-SPON ADR (PAM) Stock Technical Analysis
NYSE:PAM - New York Stock Exchange, Inc. - US6976602077 - ADR - Currency: USD
We assign a technical rating of 2 out of 10 to PAM. Although PAM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, we notice that PAM is one of the better performing stocks in the market, outperforming 79% of all stocks.
PAM is one of the better performing stocks in the Electric Utilities industry, it outperforms 84% of 47 stocks in the same industry.
In the last month PAM has a been trading in the 67.15 - 75.40 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
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.
Although the technical rating is bad, PAM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 68.96, 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
51.28
84.91
2 important support areas can be observed.
- A support zone ranging from 68.52 to 68.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.80 from a trend line in the weekly time frame.
We can see 6 important resistance areas.
- A resistance zone ranging from 71.96 to 72.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 74.83 to 74.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @77.09 from a trend line in the weekly time frame.
- Resistance @80.50 from a trend line in the daily time frame.
- Resistance @82.44 from a horizontal line in the weekly time frame.
- Resistance @84.07 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 | DOWN | NEGATIVE | The long term trend for PAM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PAM is neutral. |
| ChartMill Relative Strength | 79.65 | POSITIVE | PAM has a high relative strength, it outperformed 79.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PAM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PAM is below a declining 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) | 48.46 | NEUTRAL | The RSI value for PAM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests PAM has a positive trend. |
| Stochastics (14,3) | 44.92 | NEUTRAL | The Stochastics value for PAM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.23 | MEDIUM VOLATILITY | The ATR as a percentage value for PAM suggests some volalility. |
| Average Directional Index/ADX (14) | 13.16 | 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)
71.31
+0.39 (+0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Performance
% Chg0.55%
1 Week4.07%
2 Weeks-0.9%
1 Month-2.58%
3 Month-8.87%
6 Month-17.09%
12 Month54.55%
2 Year69.79%
3 Year197.75%
5 Year551.83%
10 Year367.61%
15 Year575.92%
Volatility
ATR(14)3.32
ATR(20)%4.23%
ATR Inc-28.48%
Range Today1.98
ADR(20)2.98
ADR(20)%4.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.65
Mansfield-0.99
10 Day High75.4
10 Day Low67.15
20 Day High75.4
20 Day Low67.15
52 Week High97.55
52 Week Low38.58
CS1 End68.96
CR1 Start71.96
Volume & EV
DER(3)2.18%
DER(5)4.02%
Volume114.80K
Volume Incr13.78%
Vol(5)210.88K
Vol(50)196.15K