PEOPLE'S UNITED FINANCIAL (PBCT)

Common Stock

19.41  -0.58 (-2.9%)

After market: 19.46 +0.05 (+0.26%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to PBCT. In the last year, PBCT was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

In the last month PBCT has a been trading in the 19.34 - 21.98 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
PBCT is one of the better performing stocks in the Banks industry, it outperforms 79% of 412 stocks in the same industry.
PBCT has an average volume of 7894400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When comparing the yearly performance of all stocks, we notice that PBCT is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
PBCT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PBCT is lagging the market slightly.
Weekly and Daily overview Charts
PBCT Weekly chart
PBCT Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

16.40

21.93

We found 3 important support 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.

We can see 2 important resistance 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.03
Mansfield0.39
10 Day High21.98
10 Day Low19.34
20 Day High21.98
20 Day Low19.34
52 Week High21.98
52 Week Low15.18
Performance
1 Week-10.26%
2 Weeks-7.92%
1 Month-4.05%
3 Month8.92%
6 Month8.86%
12 Month7.24%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.19
RSI(14)38.73
LBB19.7
UBB22.22
PBCT Daily chart

PEOPLE'S UNITED FINANCIAL

NASDAQ:PBCT (4/1/2022, 7:00:02 PM)

After market: 19.46 +0.05 (+0.26%)

19.41

-0.58 (-2.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-2.9%
1 Week-10.26%
2 Weeks-7.92%
1 Month-4.05%
3 Month8.92%
6 Month8.86%
12 Month7.24%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.73
ATR(20)%3.93%
ATR Inc
Range Today1.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High21.98
10 Day Low19.34
20 Day High21.98
20 Day Low19.34
52 Week High21.98
52 Week Low15.18
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume127.45M
Volume Incr507.75%
Vol(5)32.96M
Vol(50)7.89M