POWERBAND SOLUTIONS INC (PBX.CA) Technical Analysis
TSX-V:PBX • CA73934B4001
Current stock price
PBX.CA Technical Rating and Analysis
Overall PBX gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month PBX has a been trading in the 0.12 - 0.19 range, which is quite wide. It is currently trading near the lows of this range.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- PBX is part of the Consumer Finance industry. There are 8 other stocks in this industry. PBX outperforms 100% of them.
- When comparing the yearly performance of all stocks, we notice that PBX is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- PBX 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 PBX is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
PBX.CA Weekly and Daily overview Charts
PBX.CA Setup Rating and Analysis
PBX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for PBX 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
PBX.CA Support and Resistance Analysis
0.05
2 important support areas can be observed.
- Support @0.06 from a horizontal line in the daily time frame.
- Support @0.05 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @0.12 from a trend line in the daily time frame.
- A resistance zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
PBX.CA 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 | UP | POSITIVE | The long term trend for PBX.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PBX.CA is neutral. |
| ChartMill Relative Strength | 99.76 | POSITIVE | PBX.CA has a high relative strength, it outperformed 99.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PBX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PBX.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PBX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.89 | NEUTRAL | The RSI value for PBX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PBX.CA has a negative trend. |
| Stochastics (14,3) | 22.95 | NEUTRAL | The Stochastics value for PBX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 13.13 | HIGH VOLATILITY | The high ATR as a percentage value for PBX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.14 | POSITIVE | The high ADX value value for PBX.CA suggests a strong trend. |
PBX.CA Chart- and CandleStick Pattern Analysis
PBX.CA Example Setup
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 |
|---|---|---|---|
| 0.13 | 0.11 | 0.02 (19.23%) | 5.20% |
| An entry @0.13. This is a Buy Stop order right above the resistance zone. | An exit @0.11. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.02 points, which is 19.23%. | When investing 5.20% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
PBX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:PBX (11/22/2024, 7:00:00 PM)
0.12
-0.01 (-4%)
POWERBAND SOLUTIONS INC / PBX.CA TA FAQ
What is the technical rating for PBX stock?
ChartMill assigns a technical rating of 7 / 10 to PBX.CA.
What is the trend direction for PBX stock?
The current trend direction for POWERBAND SOLUTIONS INC (PBX.CA) is Bullish.
What is the RSI signal for POWERBAND SOLUTIONS INC (PBX.CA) stock?
POWERBAND SOLUTIONS INC (PBX.CA) has an RSI value of 43.8934. This indicates that the stock is currently neutral.
What are the support and resistance levels for POWERBAND SOLUTIONS INC (PBX.CA) stock?
POWERBAND SOLUTIONS INC (PBX.CA) has a support level at 0.06 and a resistance level at 0.12. Check the full technical report for our detailed analysis of PBX.CA support and resistance levels.