PCB BANCORP (PCB) Technical Analysis
NASDAQ:PCB • US69320M1099
Current stock price
PCB Technical Rating and Analysis
Overall PCB gets a technical rating of 7 out of 10. In the last year, PCB was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- Warning: PCB has an average volume of 23748 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- 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.
- Looking at the yearly performance, PCB did better than 72% of all other stocks. We also observe that the gains produced by PCB over the past year are nicely spread over this period.
- PCB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PCB is performing more or less in line with the market.
- PCB is part of the Banks industry. There are 380 other stocks in this industry, PCB did better than 61% of them.
- In the last month PCB has a been trading in the 21.08 - 22.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PCB Weekly and Daily overview Charts
PCB Setup Rating and Analysis
Besides having an excellent technical rating, PCB also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 22.18, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PCB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
PCB Support and Resistance Analysis
19.55
4 important support areas can be observed.
- A support zone ranging from 21.91 to 22.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.53 to 21.54. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @21.08 from a horizontal line in the daily time frame.
- A support zone ranging from 19.75 to 19.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @23.57 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 23.96 to 23.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
PCB 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 | NEUTRAL | NEUTRAL | The long term trend for PCB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PCB is up. |
| ChartMill Relative Strength | 72.1 | POSITIVE | PCB has a high relative strength, it outperformed 72.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PCB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PCB is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PCB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.19 | NEUTRAL | The RSI value for PCB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests PCB has a positive trend. |
| Stochastics (14,3) | 70.21 | NEUTRAL | The Stochastics value for PCB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for PCB suggests some volalility. |
| Average Directional Index/ADX (14) | 14.03 | NEGATIVE | The low ADX value for PCB suggests a weak or negative trend. |
PCB Chart- and CandleStick Pattern Analysis
PCB Example Setup
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 |
|---|---|---|---|
| 22.68 | 21.90 | 0.78 (3.42%) | 25.00% |
| An entry @22.68. This is a Buy Stop order right above the 10 day high. | An exit @21.90. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.78 points, which is 3.42%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.85%. |
- The distance between exit and entry is rather small compared to the average daily movement of PCB. Please evaluate whether better entry and exit points can be found.
- 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.
PCB Technicals: Chart, Performance Metrics, Trend & Indicators
22.37
+0.07 (+0.31%)
PCB BANCORP / PCB TA FAQ
What is the technical rating for PCB stock?
ChartMill assigns a technical rating of 7 / 10 to PCB.
What is the current trend direction of PCB BANCORP (PCB) stock?
The current trend direction for PCB BANCORP (PCB) is Bearish.
Can you provide the RSI signal for PCB BANCORP?
PCB BANCORP (PCB) has an RSI value of 53.1888. This indicates that the stock is currently neutral.
What is the short term momentum for PCB stock?
The short term momentum for PCB BANCORP (PCB) is positive.