NYSE:PBI - New York Stock Exchange, Inc. - US7244791007 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to PBI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PBI is showing a nice and steady performance.
Although PBI has an excellent technical rating, the quality of the presented setup is not ideal 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.
8.30
We found 3 important support areas.
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 | UP | POSITIVE | The long term trend for PBI is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PBI is up. |
ChartMill Relative Strength | 93.6 | POSITIVE | PBI has a high relative strength, it outperformed 93.6% 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) | 71.59 | OVERBOUGHT | The high RSI value suggests PBI may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PBI has a positive trend. |
Stochastics (14,3) | 80.7 | OVERBOUGHT | The high Stochastics value suggests PBI may be overbought. |
Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for PBI suggests some volalility. |
Average Directional Index/ADX (14) | 34.74 | POSITIVE | The high ADX value value for PBI suggests a strong trend. |
11.22
+0.31 (+2.84%)