PURECYCLE TECHNOLOGIES INC (PCT) Stock Technical Analysis
NASDAQ:PCT - Nasdaq - US74623V1035 - Common Stock - Currency: USD
Overall PCT gets a technical rating of 7 out of 10. Although PCT has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
PCT is one of the better performing stocks in the Chemicals industry, it outperforms 85% of 85 stocks in the same industry.
PCT has an average volume of 2846040 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 PCT is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
PCT 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 PCT is lagging the market slightly.
In the last month PCT has a been trading in the 6.37 - 9.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although PCT 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
5.63
9.39
We found 1 important support area.
- Support @5.69 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.16 to 9.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.29
Mansfield-0.55
10 Day High9.45
10 Day Low6.93
20 Day High9.45
20 Day Low6.37
52 Week High15.58
52 Week Low4.5
Performance
1 Week-0.73%
2 Weeks24.09%
1 Month29.21%
3 Month-17.19%
6 Month-31.77%
12 Month49.36%
2 Year18.14%
3 Year-4.68%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.16
RSI(14)55.91
LBB6.03
UBB9.58
8.14
-0.62 (-7.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-7.08%
1 Week-0.73%
2 Weeks24.09%
1 Month29.21%
3 Month-17.19%
6 Month-31.77%
12 Month49.36%
2 Year18.14%
3 Year-4.68%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%6.4%
ATR Inc2.05%
Range Today0.71
ADR(20)0.46
ADR(20)%5.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.29
Mansfield-0.55
10 Day High9.45
10 Day Low6.93
20 Day High9.45
20 Day Low6.37
52 Week High15.58
52 Week Low4.5
CS1 End5.69
CR1 Start9.16
Volume & EV
DER(3)-0.11%
DER(5)2.03%
Volume4.38M
Volume Incr43.48%
Vol(5)4.16M
Vol(50)2.85M