Taking everything into account, PBIP scores 2 out of 10 in our technical rating. 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.
Although the technical rating is bad, PBIP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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.
13.16
We found 4 important support areas.
We can see 3 important resistance 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 | 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. |
Prudenital Bancorp Inc of Pennsylvania
NASDAQ:PBIP (6/30/2022, 8:22:10 PM)
15.13
-0.17 (-1.11%)
ChartMill assigns a technical rating of 1 / 10 to PBIP.
The current trend direction for Prudenital Bancorp Inc of Pennsylvania (PBIP) is Bearish.
Prudenital Bancorp Inc of Pennsylvania (PBIP) has an RSI value of 45.097. This indicates that the stock is currently neutral.
The MACD indicator for Prudenital Bancorp Inc of Pennsylvania (PBIP) has a value of 0.0380982, indicating a bearish trend.
The short term momentum for Prudenital Bancorp Inc of Pennsylvania (PBIP) is negative.