PACCAR INC (PCAR) Stock Technical Analysis
NASDAQ:PCAR - Nasdaq - US6937181088 - Common Stock - Currency: USD
Taking everything into account, PCAR scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. PCAR was also a bad performer in the overall market in the last year.
68% of all other stocks performed better in the past year than PCAR.
PCAR is one of the lesser performing stocks in the Machinery industry. 67% of 128 stocks in the same industry do better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
PCAR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
PCAR has an average volume of 2588340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
Although the technical rating is only medium, PCAR does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- 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
85.54
111.81
When analyzing the support we can see 4 important areas.
- A support zone ranging from 93.99 to 95.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 91.77 to 92.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 88.17 to 89.18. 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 97.56 to 97.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 99.34 to 99.97. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 110.09 to 110.70. 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 | NEUTRAL | NEUTRAL | The long term trend for PCAR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PCAR is up. |
| ChartMill Relative Strength | 32.05 | 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) | 55.86 | NEUTRAL | The RSI value for PCAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests PCAR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.33 | OVERBOUGHT | The high Stochastics value suggests PCAR may be overbought. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for PCAR suggests some volalility. |
| Average Directional Index/ADX (14) | 21.26 | 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)
97.21
-2.01 (-2.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-2.03%
1 Week-0.46%
2 Weeks2.46%
1 Month3.55%
3 Month7.45%
6 Month-8.79%
12 Month-5.72%
2 Year12.86%
3 Year59.33%
5 Year71.39%
10 Year124.88%
15 Year218.23%
Volatility
ATR(14)2.12
ATR(20)%2.03%
ATR Inc9.53%
Range Today2
ADR(20)1.92
ADR(20)%1.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.05
Mansfield-1.09
10 Day High100.6
10 Day Low94.49
20 Day High100.6
20 Day Low90.05
52 Week High118.81
52 Week Low84.65
CS1 End95.07
CR1 Start97.56
Volume & EV
DER(3)0.35%
DER(5)-0.1%
Volume2.82M
Volume Incr3.06%
Vol(5)2.61M
Vol(50)2.59M