PROCORE TECHNOLOGIES INC (PCOR) Stock Technical Analysis
NYSE:PCOR - US74275K1088 - Common Stock
69.51 USD
-0.37 (-0.53%)
69.51 USD
0 (0%)
Taking everything into account, PCOR scores 6 out of 10 in our technical rating. In the last year, PCOR was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month PCOR has a been trading in the 60.55 - 70.49 range, which is quite wide. It is currently trading near the high of this range.
PCOR has an average volume of 1768230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, PCOR turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
PCOR is an average performer in the Software industry, it outperforms 63% of 281 stocks in the same industry.
PCOR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PCOR is lagging the market.
PCOR has an average technical rating and it also does not offer a high 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
51.52
77.41
4 important support areas can be observed.
- A support zone ranging from 66.72 to 68.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 61.62 to 63.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @59.81 from a trend line in the weekly time frame.
- Support @52.04 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 73.03 to 74.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 75.61 to 76.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for PCOR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PCOR is up. |
| ChartMill Relative Strength | 66.65 | NEUTRAL | PCOR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PCOR is above the rising 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) | 56.13 | NEUTRAL | The RSI value for PCOR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.73 | POSITIVE | The MACD value suggests PCOR has a positive trend. |
| Stochastics (14,3) | 91.62 | OVERBOUGHT | The high Stochastics value suggests PCOR may be overbought. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for PCOR suggests some volalility. |
| Average Directional Index/ADX (14) | 23.03 | NEUTRAL | The ADX value for PCOR suggests a possible start of a new trend. |
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)
69.51
-0.37 (-0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.53%
1 Week2.51%
2 Weeks6.51%
1 Month12.04%
3 Month3.48%
6 Month-9.1%
12 Month17.28%
2 Year2.9%
3 Year27.31%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.99
ATR(20)%3.13%
ATR Inc-17.8%
Range Today1.27
ADR(20)2.11
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.65
Mansfield-0.85
10 Day High70.49
10 Day Low63.34
20 Day High70.49
20 Day Low60.55
52 Week High88.92
52 Week Low52.78
CS1 End68.94
CR1 Start73.03
Volume & EV
DER(3)2.07%
DER(5)1.37%
Volume1.09M
Volume Incr-45.51%
Vol(5)1.36M
Vol(50)1.77M