PRESTIGE CONSUMER HEALTHCARE (PBH) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PBH - US74112D1019 - Common Stock
Overall PBH gets a technical rating of 5 out of 10. In the past year, PBH was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 76% of all other stocks performed better in the past year than PBH.
- PBH 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.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month PBH has a been trading in the 60.17 - 66.25 range, which is quite wide. It is currently trading near the high of this range.
- PBH is an average performer in the Pharmaceuticals industry, it outperforms 46% of 190 stocks in the same industry.
Although the technical rating is only medium, PBH does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 65.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 64.16, a Stop Loss order could be placed below this zone. 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
58.82
When analyzing the support we can see 2 important areas.
- A support zone ranging from 62.66 to 64.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @59.41 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 65.13 to 65.61. 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 | NEUTRAL | NEUTRAL | The long term trend for PBH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PBH is up. |
| ChartMill Relative Strength | 24.03 | NEGATIVE | PBH has a low relative strength, it was outperformed by 75.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PBH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PBH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PBH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.57 | NEUTRAL | The RSI value for PBH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests PBH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.36 | OVERBOUGHT | The high Stochastics value suggests PBH may be overbought. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for PBH suggests some volalility. |
| Average Directional Index/ADX (14) | 18.61 | NEGATIVE | The low ADX value for PBH suggests a weak or negative trend. |
65.12
-0.49 (-0.75%)
PRESTIGE CONSUMER HEALTHCARE / PBH FAQ
What is the ChartMill technical rating of PRESTIGE CONSUMER HEALTHCARE (PBH) stock?
ChartMill assigns a technical rating of 5 / 10 to PBH.
Can you provide the trend direction for PRESTIGE CONSUMER HEALTHCARE?
The current trend direction for PRESTIGE CONSUMER HEALTHCARE (PBH) is Bearish.
What is the RSI signal for PBH stock?
PRESTIGE CONSUMER HEALTHCARE (PBH) has an RSI value of 63.5702. This indicates that the stock is currently neutral.
What is the MACD signal for PRESTIGE CONSUMER HEALTHCARE (PBH) stock?
The MACD indicator for PRESTIGE CONSUMER HEALTHCARE (PBH) has a value of 0.217843, indicating a bearish trend.