PITNEY BOWES INC (PBI) Stock Technical Analysis
USA - NYSE:PBI - US7244791007 - Common Stock
11.38 USD
0 (0%)
11.565 USD
+0.18 (+1.63%)
Taking everything into account, PBI scores 8 out of 10 in our technical rating. In the last year, PBI was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month PBI has a been trading in the 11.11 - 12.78 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that PBI is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by PBI over the past year are nicely spread over this period.
PBI is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 81% of 84 stocks in the same industry.
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 3576570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
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.
More info and screens
8.91
12.93
When analyzing the support we can see 3 important areas.
- Support @11.10 from a horizontal line in the daily time frame.
- Support @10.92 from a horizontal line in the daily time frame.
- Support @9.00 from a trend line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @11.49 from a trend line in the daily time frame.
- A resistance zone ranging from 11.69 to 11.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @12.29 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 12.79 to 12.80. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The short term trend for PBI is down. |
| ChartMill Relative Strength | 87.65 | POSITIVE | PBI has a high relative strength, it outperformed 87.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PBI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PBI is below 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) | 43.92 | NEUTRAL | The RSI value for PBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests PBI has a negative trend. |
| Stochastics (14,3) | 11.67 | OVERSOLD | The low Stochastics value suggests PBI may be oversold. |
| Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for PBI suggests some volalility. |
| Average Directional Index/ADX (14) | 22.39 | 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)
11.38
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0%
1 Week-3.07%
2 Weeks-5.25%
1 Month2.43%
3 Month11.13%
6 Month21.32%
12 Month62.34%
2 Year276.82%
3 Year388.41%
5 Year114.31%
10 Year-42.67%
15 Year-46.77%
Volatility
ATR(14)0.37
ATR(20)%3.48%
ATR Inc-40.03%
Range Today0.21
ADR(20)0.38
ADR(20)%3.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.65
Mansfield1.1
10 Day High12.78
10 Day Low11.17
20 Day High12.78
20 Day Low11.11
52 Week High13.11
52 Week Low6.66
CS1 End11.1
CR1 Start11.49
Volume & EV
DER(3)0.82%
DER(5)0.11%
Volume2.88M
Volume Incr-16.11%
Vol(5)2.65M
Vol(50)3.58M