PITNEY BOWES INC (PBI) Stock Technical Analysis
NYSE:PBI - US7244791007 - Common Stock
11.82 USD
+0.52 (+4.6%)
11.85 USD
+0.03 (+0.25%)
We assign a technical rating of 8 out of 10 to PBI. In the last year, PBI was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that PBI is one of the better performing stocks in the market, outperforming 89% of all stocks. On top of that, PBI also shows a nice and consistent pattern of rising prices.
PBI is part of the Commercial Services & Supplies industry. There are 84 other stocks in this industry. PBI outperforms 85% of them.
PBI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PBI is lagging the market slightly.
PBI has an average volume of 3319850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PBI has a been trading in the 10.92 - 12.36 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PBI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 11.39, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PBI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
8.72
11.94
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.92 to 11.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.81 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for PBI is neutral. |
| ChartMill Relative Strength | 89.82 | POSITIVE | PBI has a high relative strength, it outperformed 89.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PBI is above a declining 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) | 57.41 | NEUTRAL | The RSI value for PBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PBI has a positive trend. |
| Stochastics (14,3) | 61.08 | NEUTRAL | The Stochastics value for PBI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for PBI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.7 | NEUTRAL | The ADX value for PBI suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 11.94 | 10.91 | 1.03 (8.63%) | 11.59% |
| An entry @11.94. This is a Buy Stop order right above the 10 day high. | An exit @10.91. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.03 points, which is 8.63%. | For a 1.00% total portfolio risk, you can invest 11.59% of your capital in this trade. |
- 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.
11.82
+0.52 (+4.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg4.6%
1 Week4.79%
2 Weeks5.72%
1 Month-3.75%
3 Month17.96%
6 Month14.53%
12 Month60.16%
2 Year259.27%
3 Year309%
5 Year115.3%
10 Year-40.33%
15 Year-38.57%
Volatility
ATR(14)0.4
ATR(20)%3.85%
ATR Inc17.79%
Range Today0.72
ADR(20)0.45
ADR(20)%3.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.82
Mansfield2.14
10 Day High11.93
10 Day Low10.92
20 Day High12.36
20 Day Low10.92
52 Week High13.11
52 Week Low6.22
CS1 End11.39
CR1 StartN/A
Volume & EV
DER(3)1.66%
DER(5)3.32%
Volume3.27M
Volume Incr-34.37%
Vol(5)2.81M
Vol(50)3.32M