PCAR Technical Analysis - PACCAR INC

Technical Rating and Analysis

Taking everything into account, PCAR scores 0 out of 10 in our technical rating. PCAR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

75% of all other stocks performed better in the past year than PCAR.

PCAR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

PCAR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

PCAR has an average volume of 2529400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

PCAR is part of the Machinery industry. There are 129 other stocks in this industry, PCAR did better than 43% of them.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

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 93.21, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

90.85

109.02

When analyzing the support we notice one important area.

A support zone ranging from 91.77 to 93.21. This zone is formed by a combination of multiple trend lines in the daily time frame.

3 important resistance areas can be observed.

A resistance zone ranging from 95.60 to 98.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 100.74 to 102.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @107.94 from a trend line in the weekly time frame.

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Support and Resistance indicators

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Technical Indicator Signal Analysis

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	DOWN	NEGATIVE	The long term trend for PCAR is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for PCAR is down.
ChartMill Relative Strength	25.81	NEGATIVE	PCAR has a low relative strength, it was outperformed by 74.19% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of PCAR is below a declining 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	NEGATIVE	The current price of PCAR is below a declining SMA(200).
Relative Strength Index/RSI (14)	43.36	NEUTRAL	The RSI value for PCAR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.28	NEGATIVE	The MACD value suggests PCAR has a negative trend, although the MACD value is rising.
Stochastics (14,3)	30.25	NEUTRAL	The Stochastics value for PCAR is a neutral value.
Average True Range in percent/ATR (20)	2.62	MEDIUM VOLATILITY	The ATR as a percentage value for PCAR suggests some volalility.
Average Directional Index/ADX (14)	12.43	NEGATIVE	The low ADX value for PCAR suggests a weak or negative trend.