PREMIUM CATERING HOLDINGS LT (PC) Stock Technical Analysis
USA - NASDAQ:PC - KYG722282012 - Common Stock
9.4 USD
+0.05 (+0.53%)
9.38 USD
-0.02 (-0.21%)
We assign a technical rating of 8 out of 10 to PC. Although PC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
PC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month PC has a been trading in the 7.51 - 14.00 range, which is quite wide. It is currently trading near the lows of this range.
The long and short term trends are both positive. This is looking good!
When compared to the yearly performance of all other stocks, PC outperforms 45% of them, which is more or less in line with the market.
PC is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 65% of 134 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, PC also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
8.15
10.11
When analyzing the support we can see 2 important areas.
- A support zone ranging from 9.34 to 9.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 8.23 to 8.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @10.01 from a horizontal line in the daily time frame.
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 PC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PC is up. |
| ChartMill Relative Strength | 45.52 | NEUTRAL | PC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.27 | NEUTRAL | The RSI value for PC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests PC has a negative trend. |
| Stochastics (14,3) | 26.39 | NEUTRAL | The Stochastics value for PC is a neutral value. |
| Average True Range in percent/ATR (20) | 15.22 | HIGH VOLATILITY | The high ATR as a percentage value for PC suggests high volalility. |
| Average Directional Index/ADX (14) | 38.81 | POSITIVE | The high ADX value value for PC suggests a strong trend. |
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)
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 |
|---|---|---|---|
| 10.02 | 9.33 | 0.69 (6.89%) | 14.52% |
| An entry @10.02. This is a Buy Stop order right above the resistance zone. | An exit @9.33. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.69 points, which is 6.89%. | When investing 14.52% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of PC. Please evaluate whether better entry and exit points can be found.
- 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.
9.4
+0.05 (+0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.53%
1 Week-4.86%
2 Weeks-25.93%
1 Month10.26%
3 Month71.25%
6 Month16.05%
12 Month-67.26%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.78
ATR(20)%15.22%
ATR Inc-67.21%
Range Today0.35
ADR(20)1.42
ADR(20)%15.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.52
Mansfield1.65
10 Day High14
10 Day Low8
20 Day High14
20 Day Low7.51
52 Week High49.5
52 Week Low5.11
CS1 End9.39
CR1 Start10.01
Volume & EV
DER(3)-2.75%
DER(5)-4.24%
Volume531.30K
Volume Incr-21.39%
Vol(5)498.82K
Vol(50)352.74K