PUTNAM ESG CORE BOND ETF (PCRB) Stock Technical Analysis
NYSEARCA:PCRB - NYSE Arca - US7467296072 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to PCRB. PCRB has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
64% of all other stocks performed better in the past year than PCRB.
Warning: PCRB has an average volume of 22902 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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.
PCRB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PCRB is lagging the market slightly.
In the last month PCRB has a been trading in a tight range between 48.32 and 49.05.
Considerably lower volume is observed in the last couple of days.
PCRB has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
47.01
51.10
When analyzing the support we notice one important area.
- A support zone ranging from 47.48 to 48.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- Resistance @49.34 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 50.48 to 50.59. 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 PCRB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PCRB is up. |
| ChartMill Relative Strength | 36.95 | NEUTRAL | PCRB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PCRB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PCRB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PCRB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.43 | NEUTRAL | The RSI value for PCRB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PCRB has a positive trend. |
| Stochastics (14,3) | 73.28 | NEUTRAL | The Stochastics value for PCRB is a neutral value. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for PCRB suggests low volalility. |
| Average Directional Index/ADX (14) | 12.98 | NEGATIVE | The low ADX value for PCRB suggests a weak or negative 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)
49.05
+0.4 (+0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.82%
1 Week0.99%
2 Weeks1.02%
1 Month0.62%
3 Month1.23%
6 Month2.21%
12 Month-1.55%
2 Year2.02%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%0.34%
ATR Inc66.16%
Range Today0.12
ADR(20)0.08
ADR(20)%0.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.95
Mansfield-0.59
10 Day High49.05
10 Day Low48.41
20 Day High49.05
20 Day Low48.32
52 Week High50.58
52 Week Low47.47
CS1 End48.81
CR1 Start49.34
Volume & EV
DER(3)1.02%
DER(5)0.61%
Volume9.80K
Volume Incr-49.42%
Vol(5)14.80K
Vol(50)22.90K