PURE CYCLE CORP (PCYO) Stock Technical Analysis
NASDAQ:PCYO - Nasdaq - US7462283034 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to PCYO. PCYO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
PCYO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PCYO is lagging the market.
When comparing the performance of all stocks over the past year, PCYO turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
PCYO is an average performer in the Water Utilities industry, it outperforms 46% of 14 stocks in the same industry.
In the last month PCYO has a been trading in the 9.87 - 11.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, PCYO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 10.57, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.75
11.15
We found 2 important support areas.
- A support zone ranging from 10.29 to 10.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 9.85 to 10.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 10.63 to 10.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.04 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 | DOWN | NEGATIVE | The long term trend for PCYO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PCYO is neutral. |
| ChartMill Relative Strength | 60.86 | NEUTRAL | PCYO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PCYO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PCYO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PCYO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.11 | NEUTRAL | The RSI value for PCYO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PCYO has a negative trend. |
| Stochastics (14,3) | 42.34 | NEUTRAL | The Stochastics value for PCYO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for PCYO suggests some volalility. |
| Average Directional Index/ADX (14) | 23.5 | NEUTRAL | The ADX value for PCYO suggests a possible start of a new 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)
10.62
+0.02 (+0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryWater Utilities
Performance
% Chg0.19%
1 Week-0.65%
2 Weeks0.38%
1 Month6.57%
3 Month-8.68%
6 Month-26.96%
12 Month14.19%
2 Year9.26%
3 Year-6.02%
5 Year4.53%
10 Year102.67%
15 Year282.01%
Volatility
ATR(14)0.29
ATR(20)%2.95%
ATR Inc-16.5%
Range Today0.22
ADR(20)0.3
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.86
Mansfield-0.63
10 Day High11.06
10 Day Low10.34
20 Day High11.06
20 Day Low9.87
52 Week High14.63
52 Week Low8.94
CS1 End10.57
CR1 Start10.63
Volume & EV
DER(3)-3.47%
DER(5)-1.69%
Volume37.50K
Volume Incr-49.49%
Vol(5)43.12K
Vol(50)64.64K