PACCAR INC (PCAR) Technical Analysis
NASDAQ:PCAR • US6937181088
Overall PCAR gets a technical rating of 5 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 PCAR has a been trading in the 116.55 - 130.70 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that PCAR is one of the better performing stocks in the market, outperforming 72% of all stocks.
- PCAR has an average volume of 3321630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- PCAR is an average performer in the Machinery industry, it outperforms 59% of 131 stocks in the same industry.
- PCAR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PCAR is lagging the market.
PCAR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 118.11, a Stop Loss order could be placed below this zone.
More info and screens
90.08
3 important support areas can be observed.
- A support zone ranging from 118.11 to 118.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 95.97 to 97.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 90.99 to 91.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 128.46 to 129.48. 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 | UP | POSITIVE | The long term trend for PCAR is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PCAR is down. |
| ChartMill Relative Strength | 72.57 | POSITIVE | PCAR has a high relative strength, it outperformed 72.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PCAR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PCAR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PCAR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.91 | NEUTRAL | The RSI value for PCAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.08 | NEGATIVE | The MACD value suggests PCAR has a negative trend. |
| Stochastics (14,3) | 20.28 | NEUTRAL | The Stochastics value for PCAR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for PCAR suggests some volalility. |
| Average Directional Index/ADX (14) | 22.52 | NEUTRAL | The ADX value for PCAR suggests a possible start of a new trend. |
PCAR Technicals: Chart, Performance Metrics, Trend & Indicators
118.12
-0.9 (-0.76%)
PACCAR INC / PCAR FAQ
Can you provide the ChartMill technical rating for PACCAR INC?
ChartMill assigns a technical rating of 5 / 10 to PCAR.
What is the current trend direction of PACCAR INC (PCAR) stock?
The current trend direction for PACCAR INC (PCAR) is Bullish.
Can you provide the RSI signal for PACCAR INC?
PACCAR INC (PCAR) has an RSI value of 38.9149. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for PACCAR INC?
The buy/sell signal for PACCAR INC (PCAR) is hold as the short term and long term trends are mixed.
What is the support and resistance level for PCAR stock?
PACCAR INC (PCAR) has a support level at 118.11 and a resistance level at 128.46. Check the full technical report for our detailed analysis of PCAR support and resistance levels.