PRECISION CASTPARTS CORP (PCP) Technical Analysis
NYSE:PCP
Current stock price
PCP Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to PCP. Although PCP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- A new 52 week high is currently being made by PCP, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so PCP is leading the market.
- PCP has an average volume of 1099040 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that PCP is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month PCP has a been trading in a tight range between 230.87 and 234.99.
- Volume is considerably higher in the last couple of days.
PCP Weekly and Daily overview Charts
PCP Setup Rating and Analysis
Although PCP has an excellent technical rating, it 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
PCP Support and Resistance Analysis
227.71
When analyzing the support we notice one important area.
- A support zone ranging from 230.01 to 232.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 234.96 to 234.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
PCP 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 | UP | POSITIVE | The long term trend for PCP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PCP is up. |
| ChartMill Relative Strength | 70.22 | POSITIVE | PCP has a high relative strength, it outperformed 70.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PCP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PCP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PCP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.71 | OVERBOUGHT | The high RSI value suggests PCP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests PCP has a positive trend. |
| Stochastics (14,3) | 98.76 | OVERBOUGHT | The high Stochastics value suggests PCP may be overbought. |
| Average True Range in percent/ATR (20) | 0.33 | LOW VOLATILITY | The low ATR as a percentage value for PCP suggests low volalility. |
PCP Chart- and CandleStick Pattern Analysis
PCP Technicals: Chart, Performance Metrics, Trend & Indicators
234.95
+0.1 (+0.04%)
PRECISION CASTPARTS CORP / PCP TA FAQ
What is the technical rating for PCP stock?
ChartMill assigns a technical rating of 7 / 10 to PCP.
What is the trend direction for PCP stock?
The current trend direction for PRECISION CASTPARTS CORP (PCP) is Bullish.
What is the RSI signal for PCP stock?
PRECISION CASTPARTS CORP (PCP) has an RSI value of 72.708. This indicates that the stock is currently overbought.
What is the MACD signal for PRECISION CASTPARTS CORP (PCP) stock?
The MACD indicator for PRECISION CASTPARTS CORP (PCP) has a value of 0.337193, indicating a bearish trend.
What is the buy/sell signal for PRECISION CASTPARTS CORP (PCP) stock?
The buy/sell signal for PRECISION CASTPARTS CORP (PCP) is buy as both the short term and long term trends are positive.