PAR TECHNOLOGY CORP/DEL (PAR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PAR - US6988841036 - Common Stock
Overall PAR gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. PAR was also a bad performer in the overall market in the last year.
Although the technical rating is bad, PAR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 38.43. Right above this resistance zone may be a good entry point. 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
34.45
When analyzing the support we can see 2 important areas.
- A support zone ranging from 36.62 to 37.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @34.80 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 38.43 to 39.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @60.15 from a trend 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 | DOWN | NEGATIVE | The long term trend for PAR is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PAR is up. |
| ChartMill Relative Strength | 11.66 | NEGATIVE | PAR has a low relative strength, it was outperformed by 88.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PAR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PAR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PAR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.38 | NEUTRAL | The RSI value for PAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests PAR has a positive trend. |
| Stochastics (14,3) | 77.03 | NEUTRAL | The Stochastics value for PAR is a neutral value. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for PAR suggests some volalility. |
| Average Directional Index/ADX (14) | 18.68 | NEGATIVE | The low ADX value for PAR suggests a weak or negative trend. |
37.41
+0.28 (+0.75%)
PAR TECHNOLOGY CORP/DEL / PAR FAQ
What is the technical rating for PAR stock?
ChartMill assigns a technical rating of 3 / 10 to PAR.
What is the current trend direction of PAR TECHNOLOGY CORP/DEL (PAR) stock?
The current trend direction for PAR TECHNOLOGY CORP/DEL (PAR) is Bearish.
What is the RSI signal for PAR TECHNOLOGY CORP/DEL (PAR) stock?
PAR TECHNOLOGY CORP/DEL (PAR) has an RSI value of 57.3806. This indicates that the stock is currently neutral.
What is the MACD signal for PAR stock?
The MACD indicator for PAR TECHNOLOGY CORP/DEL (PAR) has a value of 0.310419, indicating a bearish trend.
What is the short term momentum for PAR stock?
The short term momentum for PAR TECHNOLOGY CORP/DEL (PAR) is positive.