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
3 important support areas can be observed.
- A support zone ranging from 102.50 to 104.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 94.74 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.
When analyzing the resistance we notice one important area.
- Resistance @111.57 from a horizontal 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 | 57.09 | 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) | UP | POSITIVE | The current price of PCAR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.16 | NEUTRAL | The RSI value for PCAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.71 | POSITIVE | The MACD value suggests PCAR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.33 | OVERBOUGHT | The high Stochastics value suggests PCAR may be overbought. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for PCAR suggests some volalility. |
| Average Directional Index/ADX (14) | 38.14 | POSITIVE | The high ADX value value for PCAR suggests a strong trend. |
111.56
-1.23 (-1.09%)
PACCAR INC / PCAR FAQ
Can you provide the ChartMill technical rating for PACCAR INC?
ChartMill assigns a technical rating of 8 / 10 to PCAR.
Can you provide the trend direction for PACCAR INC?
The current trend direction for PACCAR INC (PCAR) is Bullish.
What is the RSI signal for PCAR stock?
PACCAR INC (PCAR) has an RSI value of 67.1643. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PACCAR INC?
The MACD indicator for PACCAR INC (PCAR) has a value of 0.70846, indicating a bearish trend.
What is the buy/sell signal for PCAR stock?
The buy/sell signal for PACCAR INC (PCAR) is buy as both the short term and long term trends are positive.