Prudenital Bancorp Inc of Pennsylvania (PBIP) Technical Analysis
NASDAQ:PBIP • US74431A1016
Current stock price
PBIP Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to PBIP. Although PBIP 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.
- Warning: PBIP has an average volume of 21264 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the yearly performance of all stocks, we notice that PBIP is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- PBIP 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 PBIP is lagging the market slightly.
- In the last month PBIP has a been trading in the 14.65 - 16.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PBIP Weekly and Daily overview Charts
PBIP Setup Rating and Analysis
Although the technical rating is bad, PBIP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 15.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.10, a Stop Loss order could be placed below this zone.
More info and screens
PBIP Support and Resistance Analysis
13.16
4 important support areas can be observed.
- A support zone ranging from 14.69 to 15.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.21 to 14.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.60 from a horizontal line in the weekly time frame.
- A support zone ranging from 13.29 to 13.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 15.21 to 15.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @16.08 from a horizontal line in the daily time frame.
- A resistance zone ranging from 16.99 to 17.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
PBIP 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 PBIP is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PBIP is down. |
| ChartMill Relative Strength | 88.57 | POSITIVE | PBIP has a high relative strength, it outperformed 88.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PBIP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PBIP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PBIP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.1 | NEUTRAL | The RSI value for PBIP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests PBIP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.69 | NEUTRAL | The Stochastics value for PBIP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for PBIP suggests low volalility. |
PBIP Chart- and CandleStick Pattern Analysis
PBIP Technicals: Chart, Performance Metrics, Trend & Indicators
Prudenital Bancorp Inc of Pennsylvania
NASDAQ:PBIP (6/30/2022, 8:22:10 PM)
15.13
-0.17 (-1.11%)
Prudenital Bancorp Inc of Pennsylvania / PBIP TA FAQ
Can you provide the ChartMill technical rating for Prudenital Bancorp Inc of Pennsylvania?
ChartMill assigns a technical rating of 1 / 10 to PBIP.
Can you provide the trend direction for Prudenital Bancorp Inc of Pennsylvania?
The current trend direction for Prudenital Bancorp Inc of Pennsylvania (PBIP) is Bearish.
What is the RSI signal for Prudenital Bancorp Inc of Pennsylvania (PBIP) stock?
Prudenital Bancorp Inc of Pennsylvania (PBIP) has an RSI value of 45.097. This indicates that the stock is currently neutral.
What is the short term momentum for PBIP stock?
The short term momentum for Prudenital Bancorp Inc of Pennsylvania (PBIP) is negative.
What is the support and resistance level for PBIP stock?
Prudenital Bancorp Inc of Pennsylvania (PBIP) has a support level at 15.1 and a resistance level at 15.21. Check the full technical report for our detailed analysis of PBIP support and resistance levels.