PANGAEA LOGISTICS SOLUTIONS (PANL) Stock Technical Analysis
NASDAQ:PANL - BMG6891L1054 - Common Stock
5.33 USD
+0.01 (+0.19%)
5.33 USD
0 (0%)
Overall PANL gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, PANL is a bad performer.
When comparing the yearly performance of all stocks, PANL is a bad performer in the overall market: 72% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
In the last month PANL has a been trading in the 4.61 - 5.48 range, which is quite wide. It is currently trading near the high of this range.
PANL is part of the Marine Transportation industry. There are 36 other stocks in this industry, PANL did better than 60% of them.
PANL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PANL is lagging the market.
Although PANL has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.53
5.39
4 important support areas can be observed.
- A support zone ranging from 5.22 to 5.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.99 to 5.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.78 to 4.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.58 to 4.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @5.34 from a horizontal 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 PANL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PANL is up. |
| ChartMill Relative Strength | 28.53 | NEGATIVE | PANL has a low relative strength, it was outperformed by 71.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PANL is above the rising 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) | DOWN | MIXED | The current price of PANL is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.78 | NEUTRAL | The RSI value for PANL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PANL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.65 | OVERBOUGHT | The high Stochastics value suggests PANL may be overbought. |
| Average True Range in percent/ATR (20) | 3.5 | MEDIUM VOLATILITY | The ATR as a percentage value for PANL suggests some volalility. |
| Average Directional Index/ADX (14) | 23.83 | NEUTRAL | The ADX value for PANL suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 5.35 | 5.21 | 0.14 (2.62%) | 25.00% |
| An entry @5.35. This is a Buy Stop order right above the resistance zone. | An exit @5.21. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.14 points, which is 2.62%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.65%. |
- 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.
5.33
+0.01 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg0.19%
1 Week0.76%
2 Weeks5.13%
1 Month16.12%
3 Month18.44%
6 Month4.1%
12 Month-21.04%
2 Year-5.5%
3 Year6.39%
5 Year117.55%
10 Year66.56%
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%3.5%
ATR Inc-15.71%
Range Today0.11
ADR(20)0.18
ADR(20)%3.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.53
Mansfield-0.83
10 Day High5.48
10 Day Low4.97
20 Day High5.48
20 Day Low4.61
52 Week High7.5
52 Week Low3.93
CS1 End5.24
CR1 Start5.34
Volume & EV
DER(3)5.03%
DER(5)5.37%
Volume115.50K
Volume Incr-13.7%
Vol(5)196.34K
Vol(50)226.67K