Pharmacyclics (PCYC) Stock Technical Analysis
NASDAQ:PCYC - Nasdaq - US7169331060
We assign a technical rating of 10 out of 10 to PCYC. Both in the recent history as in the last year, PCYC 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.
Looking at the yearly performance, PCYC did better than 98% of all other stocks. On top of that, PCYC also shows a nice and consistent pattern of rising prices.
PCYC 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.
In the last month PCYC has a been trading in a tight range between 253.54 and 261.68.
Although PCYC 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
133.98
263.87
We found 3 important support areas.
- A support zone ranging from 253.70 to 257.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @150.84 from a trend line in the weekly time frame.
- Support @135.33 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 261.26 to 261.26. 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 PCYC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PCYC is up. |
| ChartMill Relative Strength | 98.45 | POSITIVE | PCYC has a high relative strength, it outperformed 98.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PCYC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PCYC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PCYC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.41 | OVERBOUGHT | The high RSI value suggests PCYC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests PCYC has a positive trend. |
| Stochastics (14,3) | 91.99 | OVERBOUGHT | The high Stochastics value suggests PCYC may be overbought. |
| Average True Range in percent/ATR (20) | 0.59 | LOW VOLATILITY | The low ATR as a percentage value for PCYC suggests low volalility. |
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)
261.25
+1.7 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.65%
1 Week2.28%
2 Weeks2.45%
1 Month1.82%
3 Month47.13%
6 Month86.17%
12 Month198.16%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.47
ATR(20)%0.59%
ATR Inc25.61%
Range Today0.92
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.45
Mansfield6.03
10 Day High261.68
10 Day Low254.57
20 Day High261.68
20 Day Low253.54
52 Week High261.68
52 Week Low82.51
CS1 End257.29
CR1 Start261.26
Volume & EV
DER(3)-2.19%
DER(5)-1.7%
Volume1.95M
Volume Incr75.63%
Vol(5)1.12M
Vol(50)884.11K