PURE CYCLE CORP (PCYO) Technical Analysis
NASDAQ:PCYO • US7462283034
Current stock price
PCYO Technical Rating and Analysis
Taking everything into account, PCYO scores 0 out of 10 in our technical rating. PCYO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, PCYO is a bad performer in the overall market: 70% of all stocks are doing better.
- PCYO is part of the Water Utilities industry. There are 14 other stocks in this industry, of which 69% are performing better than PCYO.
- 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.
- PCYO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
PCYO Weekly and Daily overview Charts
PCYO Setup Rating and Analysis
Although the technical rating is bad, PCYO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 10.29, a Stop Loss order could be placed below this zone.
More info and screens
PCYO Support and Resistance Analysis
9.64
We found 2 important support areas.
- A support zone ranging from 10.02 to 10.29. 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 9.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 10.40 to 10.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 10.65 to 10.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.47 from a trend line in the weekly time frame.
- A resistance zone ranging from 11.84 to 11.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.15 from a horizontal line in the weekly time frame.
PCYO Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for PCYO is down. |
| ChartMill Relative Strength | 30.38 | 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) | DOWN | NEGATIVE | The current price of PCYO is below 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) | 45.94 | NEUTRAL | The RSI value for PCYO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PCYO has a positive trend. |
| Stochastics (14,3) | 36.7 | NEUTRAL | The Stochastics value for PCYO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.32 | MEDIUM VOLATILITY | The ATR as a percentage value for PCYO suggests some volalility. |
| Average Directional Index/ADX (14) | 16.19 | NEGATIVE | The low ADX value for PCYO suggests a weak or negative trend. |
PCYO Chart- and CandleStick Pattern Analysis
PCYO Technicals: Chart, Performance Metrics, Trend & Indicators
10.35
+0.07 (+0.68%)
PURE CYCLE CORP / PCYO TA FAQ
What is the ChartMill technical rating of PURE CYCLE CORP (PCYO) stock?
ChartMill assigns a technical rating of 0 / 10 to PCYO.
What is the trend direction for PCYO stock?
The current trend direction for PURE CYCLE CORP (PCYO) is Bearish.
Can you provide the RSI signal for PURE CYCLE CORP?
PURE CYCLE CORP (PCYO) has an RSI value of 45.9439. This indicates that the stock is currently neutral.
What is the buy/sell signal for PURE CYCLE CORP (PCYO) stock?
The buy/sell signal for PURE CYCLE CORP (PCYO) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for PURE CYCLE CORP?
PURE CYCLE CORP (PCYO) has a support level at 10.29 and a resistance level at 10.4. Check the full technical report for our detailed analysis of PCYO support and resistance levels.