PROCORE TECHNOLOGIES INC (PCOR) Stock Technical Analysis
USA - NYSE:PCOR - US74275K1088 - Common Stock
70.62 USD
-2.13 (-2.93%)
70.62 USD
0 (0%)
We assign a technical rating of 5 out of 10 to PCOR. 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 an average volume of 1420470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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 54% of all stocks.
PCOR is an average performer in the Software industry, it outperforms 62% of 282 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.
In the last month PCOR has a been trading in the 69.37 - 77.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
PCOR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 70.33, a Stop Loss order could be placed below this zone.
More info and screens
60.03
77.41
4 important support areas can be observed.
- A support zone ranging from 68.42 to 70.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 64.57 to 65.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 61.62 to 62.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @60.64 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 72.07 to 72.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 73.70 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 | NEUTRAL | NEUTRAL | The short term trend for PCOR is neutral. |
| ChartMill Relative Strength | 54.74 | NEUTRAL | PCOR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PCOR is below 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 | MIXED | The current price of PCOR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.54 | NEUTRAL | The RSI value for PCOR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests PCOR has a negative trend. |
| Stochastics (14,3) | 40.22 | NEUTRAL | The Stochastics value for PCOR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for PCOR suggests some volalility. |
| Average Directional Index/ADX (14) | 20.34 | 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)
70.62
-2.13 (-2.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.93%
1 Week-5.5%
2 Weeks-1.55%
1 Month-2.83%
3 Month-4.73%
6 Month21.03%
12 Month11.25%
2 Year15.6%
3 Year29.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.11
ATR(20)%4.24%
ATR Inc12.2%
Range Today5.19
ADR(20)2.86
ADR(20)%4.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.74
Mansfield-0.94
10 Day High75.61
10 Day Low69.37
20 Day High77.15
20 Day Low69.37
52 Week High88.92
52 Week Low53.71
CS1 End70.33
CR1 Start72.07
Volume & EV
DER(3)0.99%
DER(5)1.07%
Volume649.40K
Volume Incr-43.43%
Vol(5)845.36K
Vol(50)1.42M