Prospect Capital Corp (PBB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PBB -
Overall PBB gets a technical rating of 1 out of 10. PBB performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, PBB does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 25.25, a Stop Loss order could be placed below this zone.
More info and screens
24.04
We found 2 important support areas.
- A support zone ranging from 24.98 to 25.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.28 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.31 to 25.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 PBB is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PBB is down. |
| ChartMill Relative Strength | 20.27 | NEGATIVE | PBB has a low relative strength, it was outperformed by 79.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PBB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PBB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PBB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.16 | NEUTRAL | The RSI value for PBB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PBB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests PBB may be overbought. |
| Average True Range in percent/ATR (20) | 0.12 | LOW VOLATILITY | The low ATR as a percentage value for PBB suggests low volalility. |
NYSE:PBB (2/12/2021, 8:21:08 PM)
25.26
0 (0%)
Prospect Capital Corp / PBB FAQ
What is the ChartMill technical rating of Prospect Capital Corp (PBB) stock?
ChartMill assigns a technical rating of 1 / 10 to PBB.
What is the trend direction for PBB stock?
The current trend direction for Prospect Capital Corp (PBB) is Bullish.
What is the RSI signal for PBB stock?
Prospect Capital Corp (PBB) has an RSI value of 46.158. This indicates that the stock is currently neutral.
What is the short term momentum for Prospect Capital Corp (PBB) stock?
The short term momentum for Prospect Capital Corp (PBB) is negative.
Can you provide the buy/sell signal for Prospect Capital Corp?
The buy/sell signal for Prospect Capital Corp (PBB) is hold as the short term and long term trends are mixed.