PCLA Technical Analysis - PICOCELA INC

Technical Rating and Analysis

Overall PCLA gets a technical rating of 1 out of 10. PCLA 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.

100% of all other stocks performed better in the past year than PCLA.

PCLA is one of the lesser performing stocks in the Communications Equipment industry. 95% of 48 stocks in the same industry do better.

In the last month PCLA has a been trading in the 0.40 - 0.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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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

Although the technical rating is bad, PCLA does present a nice setup opportunity. Prices have been consolidating lately.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.42

0.55

We found 1 important support area.

Support @0.42 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

A resistance zone ranging from 0.47 to 0.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Resistance @0.54 from a horizontal line in the daily time frame.

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What is Support and Resistance

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 PCLA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for PCLA is down.
ChartMill Relative Strength	0	NEGATIVE	PCLA has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of PCLA is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of PCLA is below the rising SMA(50).
Relative Strength Index/RSI (14)	44.83	NEUTRAL	The RSI value for PCLA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	POSITIVE	The MACD value suggests PCLA has a positive trend.
Stochastics (14,3)	55.04	NEUTRAL	The Stochastics value for PCLA is a neutral value.
Average True Range in percent/ATR (20)	6.43	HIGH VOLATILITY	The high ATR as a percentage value for PCLA suggests high volalility.
Average Directional Index/ADX (14)	12.91	NEGATIVE	The low ADX value for PCLA suggests a weak or negative trend.