PCB BANCORP (PCB) Stock Technical Analysis
NASDAQ:PCB • US69320M1099
Overall PCB gets a technical rating of 7 out of 10. Although PCB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: PCB has an average volume of 24446 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- PCB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PCB is lagging the market slightly.
- When compared to the yearly performance of all other stocks, PCB outperforms 67% of them, which is more or less in line with the market.
- PCB is part of the Banks industry. There are 381 other stocks in this industry, PCB did better than 47% of them.
- In the last month PCB has a been trading in the 21.41 - 24.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PCB has an excellent technical rating and 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 23.05, a Stop Loss order could be placed below this zone. 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
19.29
We found 5 important support areas.
- A support zone ranging from 22.40 to 23.05. 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 21.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.08 from a horizontal line in the daily time frame.
- A support zone ranging from 19.84 to 19.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.48 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important 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.
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 PCB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PCB is up. |
| ChartMill Relative Strength | 67.24 | NEUTRAL | PCB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PCB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PCB is above 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) | 54.49 | NEUTRAL | The RSI value for PCB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests PCB has a negative trend. |
| Stochastics (14,3) | 54.47 | NEUTRAL | The Stochastics value for PCB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for PCB suggests some volalility. |
| Average Directional Index/ADX (14) | 17.36 | NEGATIVE | The low ADX value for PCB suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 23.58 | 22.39 | 1.19 (5.05%) | 19.82% |
| An entry @23.58. This is a Buy Stop order right above the resistance zone. | An exit @22.39. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.19 points, which is 5.05%. | When investing 19.82% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
23.07
+0.02 (+0.09%)
PCB BANCORP / PCB 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 Bullish.
Can you provide the RSI signal for PCB BANCORP?
PCB BANCORP (PCB) has an RSI value of 54.4888. 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.
What is the buy/sell signal for PCB stock?
The buy/sell signal for PCB BANCORP (PCB) is buy as both the short term and long term trends are positive.