PROSPERITY BANCSHARES INC (PB) Stock Technical Analysis
USA - NYSE:PB - US7436061052 - Common Stock
65.82 USD
+0.24 (+0.37%)
65.82 USD
0 (0%)
Taking everything into account, PB scores 0 out of 10 in our technical rating. PB 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, PB is a bad performer in the overall market: 82% of all stocks are doing better.
PB is one of the lesser performing stocks in the Banks industry. 88% of 392 stocks in the same industry do better.
PB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PB has a been trading in the 64.27 - 68.15 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
PB has an average volume of 1037040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 65.40, a Stop Loss order could be placed below this zone.
More info and screens
63.12
77.53
We found 1 important support area.
- A support zone ranging from 63.76 to 65.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 65.93 to 67.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @69.62 from a trend line in the weekly time frame.
- Resistance @71.33 from a trend line in the daily time frame.
- A resistance zone ranging from 73.75 to 74.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @76.76 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 PB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PB is down. |
| ChartMill Relative Strength | 18.8 | NEGATIVE | PB has a low relative strength, it was outperformed by 81.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.29 | NEUTRAL | The RSI value for PB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.2 | NEUTRAL | The Stochastics value for PB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.96 | LOW VOLATILITY | The low ATR as a percentage value for PB suggests low volalility. |
| Average Directional Index/ADX (14) | 13.3 | NEGATIVE | The low ADX value for PB suggests a weak or negative 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)
65.82
+0.24 (+0.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.37%
1 Week-1.1%
2 Weeks-0.24%
1 Month-3.25%
3 Month-10.89%
6 Month2.14%
12 Month-7.18%
2 Year20.68%
3 Year-8.03%
5 Year19.43%
10 Year28.1%
15 YearN/A
Volatility
ATR(14)1.34
ATR(20)%1.96%
ATR Inc22.86%
Range Today1.04
ADR(20)1.25
ADR(20)%1.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.8
Mansfield-1.89
10 Day High67.31
10 Day Low64.94
20 Day High68.15
20 Day Low64.27
52 Week High86.76
52 Week Low61.57
CS1 End65.4
CR1 Start65.93
Volume & EV
DER(3)-0.38%
DER(5)-1.59%
Volume1.07M
Volume Incr23.12%
Vol(5)1.28M
Vol(50)1.04M