Pcm Inc. (PCMI) Technical Analysis
NASDAQ:PCMI
Current stock price
PCMI Technical Rating and Analysis
Overall PCMI gets a technical rating of 9 out of 10. PCMI has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- The long and short term trends are both positive. This is looking good!
- PCMI 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 PCMI is performing more or less in line with the market.
- Looking at the yearly performance, PCMI did better than 97% of all other stocks. On top of that, PCMI also shows a nice and consistent pattern of rising prices. However, this overall performance is mostly based on the strong move around 7 months ago.
- In the last month PCMI has a been trading in a tight range between 34.81 and 35.05.
- Considerably lower volume is observed in the last couple of days.
PCMI Weekly and Daily overview Charts
PCMI Setup Rating and Analysis
PCMI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 34.96, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
PCMI Support and Resistance Analysis
22.75
When analyzing the support we can see 4 important areas.
- A support zone ranging from 34.49 to 34.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.75 from a trend line in the weekly time frame.
- Support @25.58 from a trend line in the daily time frame.
- Support @22.98 from a trend line in the weekly time frame.
PCMI 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 | UP | POSITIVE | The long term trend for PCMI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PCMI is up. |
| ChartMill Relative Strength | 97.42 | POSITIVE | PCMI has a high relative strength, it outperformed 97.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PCMI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PCMI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PCMI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.93 | NEUTRAL | The RSI value for PCMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests PCMI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for PCMI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.21 | LOW VOLATILITY | The low ATR as a percentage value for PCMI suggests low volalility. |
PCMI Chart- and CandleStick Pattern Analysis
PCMI 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 |
|---|---|---|---|
| 35.06 | 34.90 | 0.16 (0.46%) | 25.00% |
| An entry @35.06. This is a Buy Stop order right above the 10 day high. | An exit @34.90. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.16 points, which is 0.46%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.11%. |
- 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.
PCMI Technicals: Chart, Performance Metrics, Trend & Indicators
35.01
+0.02 (+0.06%)
Pcm Inc. / PCMI TA FAQ
Can you provide the ChartMill technical rating for Pcm Inc.?
ChartMill assigns a technical rating of 8 / 10 to PCMI.
What is the current trend direction of Pcm Inc. (PCMI) stock?
The current trend direction for Pcm Inc. (PCMI) is Bullish.
Can you provide the RSI signal for Pcm Inc.?
Pcm Inc. (PCMI) has an RSI value of 67.928. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Pcm Inc.?
The MACD indicator for Pcm Inc. (PCMI) has a value of -0.0851132, indicating a bearish trend.
What is the buy/sell signal for PCMI stock?
The buy/sell signal for Pcm Inc. (PCMI) is buy as both the short term and long term trends are positive.