PRESTIGE CONSUMER HEALTHCARE (PBH) Stock Technical Analysis
NYSE:PBH • US74112D1019
Taking everything into account, PBH scores 6 out of 10 in our technical rating. In the last year, PBH was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, PBH is a bad performer in the overall market: 74% of all stocks are doing better.
- 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 short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- PBH is part of the Pharmaceuticals industry. There are 191 other stocks in this industry, PBH did better than 51% of them.
- In the last month PBH has a been trading in the 62.73 - 68.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, PBH does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 66.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 66.31, a Stop Loss order could be placed below this zone.
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58.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 63.49 to 66.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @59.42 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 66.97 to 68.04. 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 | 26.98 | NEGATIVE | PBH has a low relative strength, it was outperformed by 73.02% 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) | 58.58 | NEUTRAL | The RSI value for PBH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PBH has a positive trend. |
| Stochastics (14,3) | 61.4 | NEUTRAL | The Stochastics value for PBH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for PBH suggests some volalility. |
| Average Directional Index/ADX (14) | 22.03 | NEUTRAL | The ADX value for PBH suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 68.05 | 63.48 | 4.57 (6.72%) | 14.89% |
| An entry @68.05. This is a Buy Stop order right above the resistance zone. | An exit @63.48. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.57 points, which is 6.72%. | When investing 14.89% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
66.96
+0.99 (+1.5%)
PRESTIGE CONSUMER HEALTHCARE / PBH FAQ
What is the ChartMill technical rating of PRESTIGE CONSUMER HEALTHCARE (PBH) stock?
ChartMill assigns a technical rating of 6 / 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 58.5841. 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 0.0263727, indicating a bearish trend.