PINEAPPLE FINANCIAL INC (PAPL) Stock Technical Analysis
NYSEARCA:PAPL • CA72303K4054
We assign a technical rating of 0 out of 10 to PAPL. PAPL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, PAPL is a bad performer in the overall market: 80% of all stocks are doing better.
- PAPL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month PAPL has a been trading in the 0.62 - 1.02 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- PAPL has an average volume of 1938250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PAPL is part of the Financial Services industry. There are 98 other stocks in this industry, PAPL did better than 40% of them.
- Considerably lower volume is observed in the last couple of days.
PAPL has a poor technical rating and the quality of the setup is also not perfect 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
0.66
2 important support areas can be observed.
- Support @0.69 from a trend line in the daily time frame.
- Support @0.67 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.75 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 PAPL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PAPL is down. |
| ChartMill Relative Strength | 20.92 | NEGATIVE | PAPL has a low relative strength, it was outperformed by 79.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PAPL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PAPL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PAPL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.4 | NEUTRAL | The RSI value for PAPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PAPL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.48 | NEUTRAL | The Stochastics value for PAPL is a neutral value. |
| Average True Range in percent/ATR (20) | 9.18 | HIGH VOLATILITY | The high ATR as a percentage value for PAPL suggests high volalility. |
| Average Directional Index/ADX (14) | 9.46 | NEGATIVE | The low ADX value for PAPL suggests a weak or negative trend. |
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PINEAPPLE FINANCIAL INC / PAPL FAQ
Can you provide the ChartMill technical rating for PINEAPPLE FINANCIAL INC?
ChartMill assigns a technical rating of 0 / 10 to PAPL.
What is the trend direction for PAPL stock?
The current trend direction for PINEAPPLE FINANCIAL INC (PAPL) is Bearish.
Can you provide the RSI signal for PINEAPPLE FINANCIAL INC?
PINEAPPLE FINANCIAL INC (PAPL) has an RSI value of 37.3985. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PINEAPPLE FINANCIAL INC?
The MACD indicator for PINEAPPLE FINANCIAL INC (PAPL) has a value of 0.0495954, indicating a bearish trend.
What are the support and resistance levels for PINEAPPLE FINANCIAL INC (PAPL) stock?
PINEAPPLE FINANCIAL INC (PAPL) has a support level at 0.69 and a resistance level at 0.75. Check the full technical report for our detailed analysis of PAPL support and resistance levels.