PREMIUM CATERING HOLDINGS LT (PC) Stock Technical Analysis
NASDAQ:PC - Nasdaq - KYG722281022 - Common Stock - Currency: USD
Overall PC gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, PC is a bad performer.
Although the technical rating is only medium, PC does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 0.88, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PC in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.81
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.88 to 0.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.82 to 0.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- Resistance @1.00 from a horizontal line in the weekly time frame.
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 |
|---|---|---|---|
| 1.01 | 0.87 | 0.14 (13.86%) | 7.21% |
| An entry @1.01. This is a Buy Stop order right above the resistance zone. | An exit @0.87. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.14 points, which is 13.86%. | For a 1.00% total portfolio risk, you can invest 7.21% of your capital in this trade. |
- 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.
NASDAQ:PC (5/9/2025, 8:15:16 PM)
0.9516
-0.04 (-3.79%)