PURECYCLE TECHNOLOGIES INC (PCT)

US74623V1035 - Common Stock

5.24  +0.14 (+2.75%)

After market: 5.13 -0.11 (-2.1%)

Technical Rating and Analysis

5

Taking everything into account, PCT scores 5 out of 10 in our technical rating. PCT was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

PCT is currently trading in the lower part 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.
In the last month PCT has a been trading in the 5.05 - 6.39 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
PCT is part of the Chemicals industry. There are 84 other stocks in this industry. PCT outperforms 92% of them.
PCT has an average volume of 2200270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, PCT did better than 91% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Weekly and Daily overview Charts
PCT Weekly chart
PCT Daily chart
Setup Rating and Analysis

3

PCT has an average technical rating and it also 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.

Support and Resistance Analysis

5.04

6.42

When analyzing the support we notice one important area.

  • Support @5.09 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 5.51 to 5.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 5.71 to 5.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @5.96 from a horizontal line in the daily time frame.
  • Resistance @6.36 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.11
Mansfield-2.55
10 Day High6.15
10 Day Low5.05
20 Day High6.4
20 Day Low5.05
52 Week High11.89
52 Week Low2.38
Performance
1 Week-7.58%
2 Weeks-9.66%
1 Month-15.07%
3 Month65.3%
6 Month14.91%
12 Month-1.13%
2 Year-32.82%
3 Year-79.71%
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)-0.11
RSI(14)42.98
LBB4.98
UBB6.18
PCT Daily chart

PURECYCLE TECHNOLOGIES INC

NASDAQ:PCT (4/19/2024, 7:09:17 PM)

After market: 5.13 -0.11 (-2.1%)

5.24

+0.14 (+2.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg2.75%
1 Week-7.58%
2 Weeks-9.66%
1 Month-15.07%
3 Month65.3%
6 Month14.91%
12 Month-1.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.3
ATR(20)%6.08%
ATR Inc
Range Today0.2
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.15
10 Day Low5.05
20 Day High6.4
20 Day Low5.05
52 Week High11.89
52 Week Low2.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.16M
Volume Incr-9.8%
Vol(5)1.58M
Vol(50)2.20M