PROCORE TECHNOLOGIES INC (PCOR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PCOR - US74275K1088 - Common Stock
Taking everything into account, PCOR scores 3 out of 10 in our technical rating. In the last year, PCOR was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
PCOR has a poor technical rating and the quality of the setup is also not perfect 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.
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61.44
3 important support areas can be observed.
- A support zone ranging from 73.45 to 74.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 68.08 to 70.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @62.06 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @77.73 from a trend line in the weekly time frame.
- A resistance zone ranging from 79.60 to 79.60. 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 | NEUTRAL | NEUTRAL | The short term trend for PCOR is neutral. |
| ChartMill Relative Strength | 49.15 | NEUTRAL | PCOR is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of PCOR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PCOR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.14 | NEUTRAL | The RSI value for PCOR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests PCOR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 69.89 | NEUTRAL | The Stochastics value for PCOR is a neutral value. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for PCOR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.11 | NEGATIVE | The low ADX value for PCOR suggests a weak or negative trend. |
74.62
+0.1 (+0.13%)
PROCORE TECHNOLOGIES INC / PCOR FAQ
What is the ChartMill technical rating of PROCORE TECHNOLOGIES INC (PCOR) stock?
ChartMill assigns a technical rating of 3 / 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.
Can you provide the RSI signal for PROCORE TECHNOLOGIES INC?
PROCORE TECHNOLOGIES INC (PCOR) has an RSI value of 52.1414. This indicates that the stock is currently neutral.
What is the support and resistance level for PCOR stock?
PROCORE TECHNOLOGIES INC (PCOR) has a support level at 74.43 and a resistance level at 77.73. Check the full technical report for our detailed analysis of PCOR support and resistance levels.