PACCAR INC (PCAR) Stock Technical Analysis
USA - NASDAQ:PCAR - US6937181088 - Common Stock
99.46 USD
-1.96 (-1.93%)
99.9 USD
+0.44 (+0.44%)
Overall PCAR gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PCAR is only an average performer.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
In the last month PCAR has a been trading in the 95.81 - 103.84 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 2928580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, PCAR outperforms 49% of them, which is more or less in line with the market.
PCAR is part of the Machinery industry. There are 129 other stocks in this industry, PCAR did better than 55% 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.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, PCAR also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 97.01, a Stop Loss order could be placed below this zone.
More info and screens
87.29
109.82
3 important support areas can be observed.
- A support zone ranging from 95.06 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.
- Support @88.17 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 100.11 to 102.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @108.73 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 | NEUTRAL | NEUTRAL | The short term trend for PCAR is neutral. |
| ChartMill Relative Strength | 49.33 | NEUTRAL | PCAR is not amongst the best or worst performers 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) | 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) | 49.07 | NEUTRAL | The RSI value for PCAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests PCAR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.37 | NEUTRAL | The Stochastics value for PCAR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for PCAR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.89 | NEGATIVE | The low ADX value for PCAR suggests a weak or negative 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 |
|---|---|---|---|
| 102.87 | 96.99 | 5.88 (5.72%) | 17.49% |
| An entry @102.87. This is a Buy Stop order right above the resistance zone. | An exit @96.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 5.88 points, which is 5.72%. | For a 1.00% total portfolio risk, you can invest 17.49% 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.
99.46
-1.96 (-1.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.93%
1 Week-2.98%
2 Weeks0.41%
1 Month1.97%
3 Month9.31%
6 Month2.42%
12 Month0.56%
2 Year16.98%
3 Year78.26%
5 Year74.94%
10 Year185.97%
15 Year209.84%
Volatility
ATR(14)2.48
ATR(20)%2.47%
ATR Inc32.59%
Range Today3.57
ADR(20)2.38
ADR(20)%2.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.33
Mansfield-1.22
10 Day High103.85
10 Day Low97
20 Day High103.85
20 Day Low95.81
52 Week High118.81
52 Week Low84.65
CS1 End97.01
CR1 Start100.11
Volume & EV
DER(3)0.83%
DER(5)0.82%
Volume7.59M
Volume Incr85.9%
Vol(5)4.06M
Vol(50)2.93M