Taking everything into account, PCT scores 1 out of 10 in our technical rating. PCT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
PCT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
7.43
We found 3 important support areas.
- A support zone ranging from 8.64 to 8.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.28 from a horizontal line in the weekly time frame.
- A support zone ranging from 7.50 to 7.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @9.64 from a horizontal line in the daily time frame.
- Resistance @13.69 from a trend line in the daily time frame.
- Resistance @14.86 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for PCT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PCT is neutral. |
| ChartMill Relative Strength | 14.46 | NEGATIVE | PCT has a low relative strength, it was outperformed by 85.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PCT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PCT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PCT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.68 | NEUTRAL | The RSI value for PCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests PCT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.7 | NEUTRAL | The Stochastics value for PCT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.55 | HIGH VOLATILITY | The high ATR as a percentage value for PCT suggests high volalility. |
| Average Directional Index/ADX (14) | 22.38 | NEUTRAL | The ADX value for PCT suggests a possible start of a new trend. |
9.01
-0.27 (-2.91%)
PURECYCLE TECHNOLOGIES INC / PCT FAQ
What is the technical rating for PCT stock?
ChartMill assigns a technical rating of 1 / 10 to PCT.
What is the current trend direction of PURECYCLE TECHNOLOGIES INC (PCT) stock?
The current trend direction for PURECYCLE TECHNOLOGIES INC (PCT) is Bearish.
Can you provide the RSI signal for PURECYCLE TECHNOLOGIES INC?
PURECYCLE TECHNOLOGIES INC (PCT) has an RSI value of 48.68. This indicates that the stock is currently neutral.
What is the short term momentum for PURECYCLE TECHNOLOGIES INC (PCT) stock?
The short term momentum for PURECYCLE TECHNOLOGIES INC (PCT) is neutral.
What is the support and resistance level for PCT stock?
PURECYCLE TECHNOLOGIES INC (PCT) has a support level at 8.65 and a resistance level at 9.64. Check the full technical report for our detailed analysis of PCT support and resistance levels.