Overall PANL gets a technical rating of 7 out of 10. In the last year, PANL was one of the better performers, but we do observe some doubts in the very recent evolution.
PANL 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. There is a support zone below the current price at 6.67, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
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3 important support areas can be observed.
- A support zone ranging from 6.61 to 6.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.88 to 4.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.59 to 4.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 6.84 to 6.84. 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 7.00 to 7.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.40 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 PANL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PANL is neutral. |
| ChartMill Relative Strength | 89.48 | POSITIVE | PANL has a high relative strength, it outperformed 89.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PANL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PANL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PANL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.94 | NEUTRAL | The RSI value for PANL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests PANL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.57 | NEUTRAL | The Stochastics value for PANL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.33 | MEDIUM VOLATILITY | The ATR as a percentage value for PANL suggests some volalility. |
| Average Directional Index/ADX (14) | 29.91 | POSITIVE | The high ADX value value for PANL suggests a strong 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 |
|---|---|---|---|
| 6.85 | 6.60 | 0.25 (3.65%) | 25.00% |
| An entry @6.85. This is a Buy Stop order right above the resistance zone. | An exit @6.60. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.25 points, which is 3.65%. | For a 0.91% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PANL. 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.
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-0.03 (-0.44%)
PANGAEA LOGISTICS SOLUTIONS / PANL FAQ
What is the technical rating for PANL stock?
ChartMill assigns a technical rating of 7 / 10 to PANL.
What is the current trend direction of PANGAEA LOGISTICS SOLUTIONS (PANL) stock?
The current trend direction for PANGAEA LOGISTICS SOLUTIONS (PANL) is Bullish.
What is the RSI signal for PANL stock?
PANGAEA LOGISTICS SOLUTIONS (PANL) has an RSI value of 48.9379. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PANGAEA LOGISTICS SOLUTIONS?
The short term momentum for PANGAEA LOGISTICS SOLUTIONS (PANL) is neutral.
What is the support and resistance level for PANL stock?
PANGAEA LOGISTICS SOLUTIONS (PANL) has a support level at 6.67 and a resistance level at 6.84. Check the full technical report for our detailed analysis of PANL support and resistance levels.