PROCORE TECHNOLOGIES INC (PCOR) Technical Analysis
NYSE:PCOR • US74275K1088
Current stock price
55.71 USD
+0.27 (+0.49%)
At close:
56 USD
+0.29 (+0.52%)
Pre-Market:
PCOR Technical Rating and Analysis
Taking everything into account, PCOR scores 1 out of 10 in our technical rating. PCOR 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, PCOR is a bad performer in the overall market: 84% of all stocks are doing better.
- PCOR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- PCOR has an average volume of 2544800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PCOR is an average performer in the Software industry, it outperforms 57% of 272 stocks in the same industry.
- In the last month PCOR has a been trading in the 46.64 - 59.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PCOR Weekly and Daily overview Charts
PCOR Setup Rating and Analysis
The technical rating of PCOR is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
PCOR Support and Resistance Analysis
47.40
75.36
When analyzing the support we notice one important area.
- Support @47.88 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 58.94 to 59.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @65.91 from a trend line in the daily time frame.
- Resistance @74.61 from a trend line in the weekly time frame.
PCOR 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 PCOR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PCOR is neutral. |
| ChartMill Relative Strength | 16.51 | NEGATIVE | PCOR has a low relative strength, it was outperformed by 83.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PCOR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PCOR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PCOR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.34 | NEUTRAL | The RSI value for PCOR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests PCOR has a positive trend. |
| Stochastics (14,3) | 66.82 | NEUTRAL | The Stochastics value for PCOR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.16 | HIGH VOLATILITY | The high ATR as a percentage value for PCOR suggests high volalility. |
| Average Directional Index/ADX (14) | 15.18 | NEGATIVE | The low ADX value for PCOR suggests a weak or negative trend. |
PCOR Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
PCOR Technicals: Chart, Performance Metrics, Trend & Indicators
55.71
+0.27 (+0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.49%
1 Week10.56%
2 Weeks-2.67%
1 Month-4.16%
3 Month-15.13%
6 Month-25.7%
12 Month-12.6%
2 Year-18.58%
3 Year4.31%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.75
ATR(20)%5.16%
ATR Inc-42.83%
Range Today1.48
ADR(20)2.7
ADR(20)%4.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.51
3 months CRS17.71
6 months CRS17.21
Mansfield-2.31
10 Day High58.27
10 Day Low46.64
20 Day High59.67
20 Day Low46.64
52 Week High82.32
52 Week Low46.08
CS1 End47.88
CR1 Start58.94
Volume & EV
DER(3)3.61%
DER(5)3.67%
Volume1.58M
Volume Incr11.98%
Vol(5)2.27M
Vol(50)2.54M
PROCORE TECHNOLOGIES INC / PCOR TA FAQ
What is the ChartMill technical rating of PROCORE TECHNOLOGIES INC (PCOR) stock?
ChartMill assigns a technical rating of 1 / 10 to PCOR.
What is the current trend direction of PROCORE TECHNOLOGIES INC (PCOR) stock?
The current trend direction for PROCORE TECHNOLOGIES INC (PCOR) is Bearish.
What is the RSI signal for PROCORE TECHNOLOGIES INC (PCOR) stock?
PROCORE TECHNOLOGIES INC (PCOR) has an RSI value of 52.342. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PROCORE TECHNOLOGIES INC?
The short term momentum for PROCORE TECHNOLOGIES INC (PCOR) is neutral.