Pcm Inc. (PCMI) Stock Technical Analysis
USA - NASDAQ:PCMI -
Taking everything into account, PCMI scores 9 out of 10 in our technical rating. In the last year, PCMI 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.
Besides having an excellent technical rating, PCMI 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 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
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.
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. |
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 worst case loss on the trade is limited to 0.16 points, which is 0.46%. | For a 0.11% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
35.01
+0.02 (+0.06%)
Pcm Inc. / PCMI FAQ
Can you provide the ChartMill technical rating for Pcm Inc.?
ChartMill assigns a technical rating of 8 / 10 to PCMI.
What is the trend direction for PCMI stock?
The current trend direction for Pcm Inc. (PCMI) is Bullish.
What is the RSI signal for PCMI stock?
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 short term momentum for PCMI stock?
The short term momentum for Pcm Inc. (PCMI) is positive.