PCTEL INC (PCTI) Technical Analysis
NASDAQ:PCTI • US69325Q1058
Current stock price
PCTI Technical Rating and Analysis
Taking everything into account, PCTI scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, PCTI has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- PCTI is one of the better performing stocks in the Communications Equipment industry, it outperforms 76% of 48 stocks in the same industry.
- A new 52 week high is currently being made by PCTI, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so PCTI is leading the market.
- Looking at the yearly performance, PCTI did better than 95% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month PCTI has a been trading in a tight range between 6.85 and 7.00.
- Considerably lower volume is observed in the last couple of days.
PCTI Weekly and Daily overview Charts
PCTI Setup Rating and Analysis
Although PCTI 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
PCTI Support and Resistance Analysis
3.98
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.80 to 6.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.35 from a trend line in the daily time frame.
- Support @4.02 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.00 to 7.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
PCTI Technical Indicator Signal Analysis
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 PCTI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PCTI is up. |
| ChartMill Relative Strength | 95.66 | POSITIVE | PCTI has a high relative strength, it outperformed 95.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PCTI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PCTI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PCTI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 81.69 | OVERBOUGHT | The high RSI value suggests PCTI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PCTI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 96.97 | OVERBOUGHT | The high Stochastics value suggests PCTI may be overbought. |
| Average True Range in percent/ATR (20) | 0.27 | LOW VOLATILITY | The low ATR as a percentage value for PCTI suggests low volalility. |
| Average Directional Index/ADX (14) | 66.23 | POSITIVE | The high ADX value value for PCTI suggests a strong trend. |
PCTI Chart- and CandleStick Pattern Analysis
PCTI Technicals: Chart, Performance Metrics, Trend & Indicators
6.99
-0.01 (-0.14%)
PCTEL INC / PCTI TA FAQ
Can you provide the ChartMill technical rating for PCTEL INC?
ChartMill assigns a technical rating of 8 / 10 to PCTI.
What is the trend direction for PCTI stock?
The current trend direction for PCTEL INC (PCTI) is Bullish.
What is the RSI signal for PCTEL INC (PCTI) stock?
PCTEL INC (PCTI) has an RSI value of 81.694. This indicates that the stock is currently overbought.
What is the MACD signal for PCTEL INC (PCTI) stock?
The MACD indicator for PCTEL INC (PCTI) has a value of -0.0249744, indicating a bearish trend.
What is the buy/sell signal for PCTEL INC (PCTI) stock?
The buy/sell signal for PCTEL INC (PCTI) is buy as both the short term and long term trends are positive.