PITNEY BOWES INC (PBI) Technical Analysis
NYSE:PBI • US7244791007
Current stock price
PBI Technical Rating and Analysis
Taking everything into account, PBI scores 6 out of 10 in our technical rating. In the last year, PBI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 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.
- PBI is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 79% of 82 stocks in the same industry.
- In the last month PBI has a been trading in the 9.69 - 11.08 range, which is quite wide. It is currently trading near the high of this range.
- PBI has an average volume of 2632290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that PBI is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- PBI 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 PBI is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PBI Weekly and Daily overview Charts
PBI Setup Rating and Analysis
Although the technical rating is only medium, PBI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.52, a Stop Loss order could be placed below this zone.
More info and screens
PBI Support and Resistance Analysis
9.69
When analyzing the support we can see 3 important areas.
- A support zone ranging from 10.35 to 10.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.08 to 10.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 9.79 to 9.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @10.89 from a trend line in the daily time frame.
- Resistance @11.13 from a horizontal line in the daily time frame.
- Resistance @12.29 from a horizontal line in the weekly time frame.
PBI Technical Indicator Signal Analysis
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 PBI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PBI is up. |
| ChartMill Relative Strength | 72.77 | POSITIVE | PBI has a high relative strength, it outperformed 72.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PBI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PBI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PBI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.22 | NEUTRAL | The RSI value for PBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests PBI has a positive trend. |
| Stochastics (14,3) | 92.4 | OVERBOUGHT | The high Stochastics value suggests PBI may be overbought. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for PBI suggests some volalility. |
| Average Directional Index/ADX (14) | 13.87 | NEGATIVE | The low ADX value for PBI suggests a weak or negative trend. |
PBI Chart- and CandleStick Pattern Analysis
PBI Example Setup
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 |
|---|---|---|---|
| 10.90 | 10.34 | 0.56 (5.14%) | 19.46% |
| An entry @10.90. This is a Buy Stop order right above the resistance zone. | An exit @10.34. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.56 points, which is 5.14%. | When investing 19.46% 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.
PBI Technicals: Chart, Performance Metrics, Trend & Indicators
10.87
-0.08 (-0.73%)
PITNEY BOWES INC / PBI TA FAQ
Can you provide the ChartMill technical rating for PITNEY BOWES INC?
ChartMill assigns a technical rating of 6 / 10 to PBI.
What is the current trend direction of PITNEY BOWES INC (PBI) stock?
The current trend direction for PITNEY BOWES INC (PBI) is Bearish.
Can you provide the RSI signal for PITNEY BOWES INC?
PITNEY BOWES INC (PBI) has an RSI value of 57.2166. This indicates that the stock is currently neutral.
What is the short term momentum for PBI stock?
The short term momentum for PITNEY BOWES INC (PBI) is positive.
What are the support and resistance levels for PITNEY BOWES INC (PBI) stock?
PITNEY BOWES INC (PBI) has a support level at 10.52 and a resistance level at 10.89. Check the full technical report for our detailed analysis of PBI support and resistance levels.