PITNEY BOWES INC (PBI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PBI - US7244791007 - Common Stock
We assign a technical rating of 5 out of 10 to PBI. Although PBI is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
PBI 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
8.92
We found 5 important support areas.
- A support zone ranging from 10.43 to 10.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.21 from a trend line in the daily time frame.
- Support @9.58 from a trend line in the weekly time frame.
- Support @9.32 from a trend line in the daily time frame.
- A support zone ranging from 9.01 to 9.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.69 to 10.75. 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 PBI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PBI is neutral. |
| ChartMill Relative Strength | 82.31 | POSITIVE | PBI has a high relative strength, it outperformed 82.31% 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) | DOWN | MIXED | The current price of PBI is above a declining 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) | 58.36 | NEUTRAL | The RSI value for PBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PBI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 64.53 | NEUTRAL | The Stochastics value for PBI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for PBI suggests some volalility. |
| Average Directional Index/ADX (14) | 20.93 | NEUTRAL | The ADX value for PBI suggests a possible start of a new trend. |
10.6
+0.13 (+1.24%)
PITNEY BOWES INC / PBI FAQ
Can you provide the ChartMill technical rating for PITNEY BOWES INC?
ChartMill assigns a technical rating of 5 / 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 58.3593. 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 neutral.
What are the support and resistance levels for PITNEY BOWES INC (PBI) stock?
PITNEY BOWES INC (PBI) has a support level at 10.45 and a resistance level at 10.69. Check the full technical report for our detailed analysis of PBI support and resistance levels.