PACCAR INC (PCAR) Stock Technical Analysis
USA - NASDAQ:PCAR - US6937181088 - Common Stock
Taking everything into account, PCAR scores 2 out of 10 in our technical rating. PCAR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
PCAR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 97.01, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
90.85
When analyzing the support we can see 3 important areas.
- Support @97.01 from a horizontal line in the daily time frame.
- A support zone ranging from 93.97 to 94.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @91.77 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 98.03 to 102.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @107.16 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for PCAR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PCAR is neutral. |
| ChartMill Relative Strength | 24.79 | NEGATIVE | PCAR has a low relative strength, it was outperformed by 75.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PCAR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PCAR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PCAR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.2 | NEUTRAL | The RSI value for PCAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PCAR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.1 | NEUTRAL | The Stochastics value for PCAR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for PCAR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.14 | NEGATIVE | The low ADX value for PCAR suggests a weak or negative trend. |
98.02
-0.96 (-0.97%)
PACCAR INC / PCAR FAQ
Can you provide the ChartMill technical rating for PACCAR INC?
ChartMill assigns a technical rating of 2 / 10 to PCAR.
Can you provide the trend direction for PACCAR INC?
The current trend direction for PACCAR INC (PCAR) is Bearish.
What is the RSI signal for PCAR stock?
PACCAR INC (PCAR) has an RSI value of 49.1992. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PACCAR INC?
The MACD indicator for PACCAR INC (PCAR) has a value of 0.00311479, indicating a bearish trend.