PURE CYCLE CORP (PCYO) Stock Technical Analysis
USA - NASDAQ:PCYO - US7462283034 - Common Stock
Overall PCYO gets a technical rating of 5 out of 10. In the last year, PCYO was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, PCYO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 11.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.96, a Stop Loss order could be placed below this zone.
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9.64
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.86 to 10.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.74 to 9.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 11.00 to 11.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.85 from a horizontal line in the daily time frame.
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 PCYO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PCYO is neutral. |
| ChartMill Relative Strength | 49.24 | NEUTRAL | PCYO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PCYO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PCYO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PCYO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.74 | NEUTRAL | The RSI value for PCYO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PCYO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 58.22 | NEUTRAL | The Stochastics value for PCYO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.55 | LOW VOLATILITY | The low ATR as a percentage value for PCYO suggests low volalility. |
| Average Directional Index/ADX (14) | 20.44 | NEUTRAL | The ADX value for PCYO suggests a possible start of a new trend. |
11
-0.04 (-0.36%)
PURE CYCLE CORP / PCYO FAQ
What is the ChartMill technical rating of PURE CYCLE CORP (PCYO) stock?
ChartMill assigns a technical rating of 5 / 10 to PCYO.
Can you provide the trend direction for PURE CYCLE CORP?
The current trend direction for PURE CYCLE CORP (PCYO) is Bullish.
Can you provide the RSI signal for PURE CYCLE CORP?
PURE CYCLE CORP (PCYO) has an RSI value of 50.7428. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PURE CYCLE CORP?
The MACD indicator for PURE CYCLE CORP (PCYO) has a value of -0.00772281, indicating a bearish trend.
What is the short term momentum for PCYO stock?
The short term momentum for PURE CYCLE CORP (PCYO) is neutral.