PACCAR INC (PCAR) Stock Technical Analysis
NASDAQ:PCAR - US6937181088 - Common Stock
99.98 USD
-0.7 (-0.7%)
99.98 USD
0 (0%)
Taking everything into account, PCAR scores 8 out of 10 in our technical rating. Although PCAR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month PCAR has a been trading in the 95.70 - 102.95 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
PCAR has an average volume of 2923350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, PCAR turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
PCAR is part of the Machinery industry. There are 127 other stocks in this industry, PCAR did better than 50% of them.
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.
Besides having an excellent technical rating, PCAR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 101.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 99.79, a Stop Loss order could be placed below this zone.
More info and screens
85.54
110.41
When analyzing the support we can see 5 important areas.
- A support zone ranging from 97.55 to 99.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 94.12 to 95.13. 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.
- A support zone ranging from 88.17 to 89.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @86.40 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 101.03 to 101.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @109.32 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 | 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 | 51.18 | NEUTRAL | PCAR is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of PCAR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.72 | NEUTRAL | The RSI value for PCAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests PCAR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.37 | NEUTRAL | The Stochastics value for PCAR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.14 | MEDIUM VOLATILITY | The ATR as a percentage value for PCAR suggests some volalility. |
| Average Directional Index/ADX (14) | 22.35 | NEUTRAL | The ADX value for PCAR suggests a possible start of a new 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 |
|---|---|---|---|
| 101.58 | 97.54 | 4.04 (3.98%) | 25.00% |
| An entry @101.58. This is a Buy Stop order right above the resistance zone. | An exit @97.54. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.04 points, which is 3.98%. | For a 0.99% total portfolio risk, you can invest 25.00% 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.
99.98
-0.7 (-0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-0.7%
1 Week-1.5%
2 Weeks1.79%
1 Month3.63%
3 Month6.53%
6 Month-6.77%
12 Month3.95%
2 Year21.5%
3 Year71.37%
5 Year74.71%
10 Year154.32%
15 Year265.96%
Volatility
ATR(14)2.24
ATR(20)%2.14%
ATR Inc-29.8%
Range Today1.84
ADR(20)2.08
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.18
Mansfield-0.98
10 Day High102.95
10 Day Low96.7
20 Day High102.95
20 Day Low95.7
52 Week High118.81
52 Week Low84.65
CS1 End99.79
CR1 Start101.03
Volume & EV
DER(3)0.74%
DER(5)-0.44%
Volume2.23M
Volume Incr-10.64%
Vol(5)2.17M
Vol(50)2.92M