PRECISION CASTPARTS CORP (PCP) Stock Technical Analysis
USA - NYSE:PCP -
Taking everything into account, PCP scores 7 out of 10 in our technical rating. 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.
Although PCP has an excellent technical rating, it does not present a decent entry opportunity 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
227.71
We found 1 important support 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.
When analyzing the resistance we notice one important 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.
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. |
234.95
+0.1 (+0.04%)
PRECISION CASTPARTS CORP / PCP FAQ
What is the technical rating for PCP stock?
ChartMill assigns a technical rating of 7 / 10 to PCP.
What is the current trend direction of PRECISION CASTPARTS CORP (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.
Can you provide the buy/sell signal for PRECISION CASTPARTS CORP?
The buy/sell signal for PRECISION CASTPARTS CORP (PCP) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for PRECISION CASTPARTS CORP?
PRECISION CASTPARTS CORP (PCP) has a support level at 232.89 and a resistance level at 234.96. Check the full technical report for our detailed analysis of PCP support and resistance levels.