Taking everything into account, PCAR scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, PCAR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- PCAR is part of the Machinery industry. There are 132 other stocks in this industry. PCAR outperforms 74% of them.
- PCAR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month PCAR has a been trading in the 113.82 - 131.88 range, which is quite wide. It is currently trading near the high of this range.
- PCAR has an average volume of 3329520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that PCAR is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although PCAR has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
90.85
We found 4 important support areas.
- A support zone ranging from 121.80 to 122.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @109.51 from a horizontal line in the daily time frame.
- A support zone ranging from 95.57 to 97.01. 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.
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 | UP | POSITIVE | The short term trend for PCAR is up. |
| ChartMill Relative Strength | 85.05 | POSITIVE | PCAR has a high relative strength, it outperformed 85.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PCAR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PCAR is above 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) | 69.17 | NEUTRAL | The RSI value for PCAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests PCAR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.18 | OVERBOUGHT | The high Stochastics value suggests PCAR may be overbought. |
| Average True Range in percent/ATR (20) | 2.37 | MEDIUM VOLATILITY | The ATR as a percentage value for PCAR suggests some volalility. |
| Average Directional Index/ADX (14) | 41.14 | POSITIVE | The high ADX value value for PCAR suggests a strong trend. |
127.42
-1.36 (-1.06%)
PACCAR INC / PCAR FAQ
Can you provide the ChartMill technical rating for PACCAR INC?
ChartMill assigns a technical rating of 9 / 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 69.1674. 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 buy as both the short term and long term trends are positive.
What is the support and resistance level for PCAR stock?
PACCAR INC (PCAR) has a support level at 122.31. Check the full technical report for our detailed analysis of PCAR support and resistance levels.