PCTEL INC (PCTI) Stock Technical Analysis
NASDAQ:PCTI - Nasdaq - US69325Q1058 - Common Stock - Currency: USD
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.
The long and short term trends are both positive. This is looking good!
PCTI is one of the better performing stocks in the Communications Equipment industry, it outperforms 87% of 50 stocks in the same industry.
PCTI is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
Looking at the yearly performance, PCTI did better than 95% of all other stocks. However, this overall good ranking is mostly due to the recent strong 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.
Although PCTI 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
3.98
7.08
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.
We found 1 important resistance 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.
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. |
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)
6.99
-0.01 (-0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-0.14%
1 Week1.16%
2 Weeks1.16%
1 Month1.75%
3 Month67.22%
6 Month47.78%
12 Month64.47%
2 Year23.28%
3 Year6.39%
5 Year62.94%
10 Year-26.96%
15 Year6.39%
Volatility
ATR(14)0.02
ATR(20)%0.27%
ATR Inc14.33%
Range Today0.01
ADR(20)0.02
ADR(20)%0.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.66
Mansfield2.75
10 Day High7
10 Day Low6.9
20 Day High7
20 Day Low6.85
52 Week High7
52 Week Low3.78
CS1 End6.8
CR1 Start7
Volume & EV
DER(3)1.38%
DER(5)-0.43%
Volume143.80K
Volume Incr13.87%
Vol(5)154.12K
Vol(50)267.31K