Taking everything into account, PBCT scores 4 out of 10 in our technical rating. PBCT was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
PBCT has an average technical rating and it also does not offer a high quality setup 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
16.40
When analyzing the support we can see 3 important areas.
- Support @18.37 from a trend line in the weekly time frame.
- Support @17.69 from a trend line in the daily time frame.
- A support zone ranging from 16.57 to 16.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 20.47 to 20.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 21.42 to 21.71. This zone is formed by a combination of multiple trend lines 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 PBCT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PBCT is down. |
| ChartMill Relative Strength | 83.03 | POSITIVE | PBCT has a high relative strength, it outperformed 83.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PBCT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PBCT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PBCT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.73 | NEUTRAL | The RSI value for PBCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests PBCT has a negative trend. |
| Stochastics (14,3) | 8.75 | OVERSOLD | The low Stochastics value suggests PBCT may be oversold. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for PBCT suggests some volalility. |
19.41
-0.58 (-2.9%)
PEOPLE'S UNITED FINANCIAL / PBCT FAQ
Can you provide the ChartMill technical rating for PEOPLE'S UNITED FINANCIAL?
ChartMill assigns a technical rating of 3 / 10 to PBCT.
What is the trend direction for PBCT stock?
The current trend direction for PEOPLE'S UNITED FINANCIAL (PBCT) is Bullish.
Can you provide the RSI signal for PEOPLE'S UNITED FINANCIAL?
PEOPLE'S UNITED FINANCIAL (PBCT) has an RSI value of 38.7325. This indicates that the stock is currently neutral.
What is the MACD signal for PBCT stock?
The MACD indicator for PEOPLE'S UNITED FINANCIAL (PBCT) has a value of -0.186847, indicating a bearish trend.
What is the short term momentum for PEOPLE'S UNITED FINANCIAL (PBCT) stock?
The short term momentum for PEOPLE'S UNITED FINANCIAL (PBCT) is negative.