We assign a technical rating of 8 out of 10 to PCAR. 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.
Although PCAR has an excellent technical rating, the quality of the presented setup is not ideal 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 111.56 to 112.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @109.51 from a horizontal line in the daily time frame.
- A support zone ranging from 95.51 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 | 75.46 | POSITIVE | PCAR has a high relative strength, it outperformed 75.46% 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) | 64.48 | NEUTRAL | The RSI value for PCAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PCAR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.75 | NEUTRAL | The Stochastics value for PCAR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for PCAR suggests low volalility. |
| Average Directional Index/ADX (14) | 38.57 | POSITIVE | The high ADX value value for PCAR suggests a strong trend. |
115.3
-1.78 (-1.52%)
PACCAR INC / PCAR FAQ
Can you provide the ChartMill technical rating for PACCAR INC?
ChartMill assigns a technical rating of 8 / 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 64.4789. 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 112.38. Check the full technical report for our detailed analysis of PCAR support and resistance levels.