PANGAEA LOGISTICS SOLUTIONS (PANL) Technical Analysis
NASDAQ:PANL • BMG6891L1054
Current stock price
PANL Technical Rating and Analysis
Taking everything into account, PANL scores 1 out of 10 in our technical rating. PANL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- PANL is part of the Marine Transportation industry. There are 35 other stocks in this industry, of which 61% are performing better than PANL.
- In the last month PANL has a been trading in the 6.59 - 9.39 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the yearly performance of all stocks, we notice that PANL is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- PANL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PANL is lagging the market slightly.
PANL Weekly and Daily overview Charts
PANL Setup Rating and Analysis
The technical rating of PANL is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
PANL Support and Resistance Analysis
4.60
2 important support areas can be observed.
- Support @5.11 from a trend line in the weekly time frame.
- Support @4.65 from a horizontal line in the daily time frame.
PANL Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for PANL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PANL is down. |
| ChartMill Relative Strength | 73.38 | POSITIVE | PANL has a high relative strength, it outperformed 73.38% 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) | DOWN | NEGATIVE | The current price of PANL is below a declining 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) | 27.6 | OVERSOLD | The low RSI value suggests PANL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests PANL has a negative trend. |
| Stochastics (14,3) | 4.57 | OVERSOLD | The low Stochastics value suggests PANL may be oversold. |
| Average True Range in percent/ATR (20) | 6.85 | HIGH VOLATILITY | The high ATR as a percentage value for PANL suggests high volalility. |
| Average Directional Index/ADX (14) | 30.4 | POSITIVE | The high ADX value value for PANL suggests a strong trend. |
PANL Chart- and CandleStick Pattern Analysis
PANL Technicals: Chart, Performance Metrics, Trend & Indicators
6.83
-0.21 (-2.91%)
PANGAEA LOGISTICS SOLUTIONS / PANL TA FAQ
What is the technical rating for PANL stock?
ChartMill assigns a technical rating of 1 / 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 Bearish.
What is the RSI signal for PANL stock?
PANGAEA LOGISTICS SOLUTIONS (PANL) has an RSI value of 27.5962. This indicates that the stock is currently oversold.
Can you provide the short term momentum for PANGAEA LOGISTICS SOLUTIONS?
The short term momentum for PANGAEA LOGISTICS SOLUTIONS (PANL) is negative.
What is the support and resistance level for PANL stock?
PANGAEA LOGISTICS SOLUTIONS (PANL) has a support level at 5.11. Check the full technical report for our detailed analysis of PANL support and resistance levels.