Taking everything into account, PCTI scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PCTI is showing a nice and steady performance.
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
3.98
3 important support areas can be observed.
- 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.
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. |
6.99
-0.01 (-0.14%)
PCTEL INC / PCTI FAQ
Can you provide the ChartMill technical rating for PCTEL INC?
ChartMill assigns a technical rating of 8 / 10 to PCTI.
What is the current trend direction of PCTEL INC (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 short term momentum for PCTI stock?
The short term momentum for PCTEL INC (PCTI) is positive.
What is the support and resistance level for PCTI stock?
PCTEL INC (PCTI) has a support level at 6.8 and a resistance level at 7. Check the full technical report for our detailed analysis of PCTI support and resistance levels.