Paragon Commercial Corporation (PBNC) Stock Technical Analysis
NASDAQ:PBNC - Nasdaq -
Taking everything into account, PBNC scores 1 out of 10 in our technical rating. PBNC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Warning: PBNC has an average volume of 9740 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 compared to the yearly performance of all other stocks, PBNC outperforms 60% of them, which is more or less in line with the market.
PBNC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PBNC is lagging the market.
In the last month PBNC has a been trading in the 52.18 - 56.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
The technical rating of PBNC is bad and it also does not present a quality setup 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
50.02
60.49
We found 3 important support areas.
- Support @53.74 from a trend line in the weekly time frame.
- A support zone ranging from 52.32 to 52.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @50.53 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 54.25 to 55.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 59.31 to 59.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 PBNC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PBNC is down. |
| ChartMill Relative Strength | 60 | NEUTRAL | PBNC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PBNC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PBNC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PBNC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.11 | NEUTRAL | The RSI value for PBNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests PBNC has a negative trend. |
| Stochastics (14,3) | 28.79 | NEUTRAL | The Stochastics value for PBNC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for PBNC suggests low volalility. |
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)
53.83
-0.49 (-0.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.9%
1 Week-3.58%
2 Weeks-2.69%
1 Month-0.81%
3 Month-9.22%
6 Month3.8%
12 Month18.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.98
ATR(20)%1.75%
ATR Inc54.71%
Range Today1.87
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60
Mansfield-1.25
10 Day High56.82
10 Day Low52.65
20 Day High56.82
20 Day Low52.18
52 Week High59.95
52 Week Low45.3
CS1 End53.74
CR1 Start54.25
Volume & EV
DER(3)-0.38%
DER(5)-0.18%
Volume63.80K
Volume Incr127.76%
Vol(5)19.20K
Vol(50)9.74K