We assign a technical rating of 9 out of 10 to PDCE. Both in the recent history as in the last year, PDCE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, PDCE also presents a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
58.28
When analyzing the support we can see 5 important areas.
When analyzing the resistance we notice one important area.
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 PDCE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PDCE is up. |
| ChartMill Relative Strength | 90.93 | POSITIVE | PDCE has a high relative strength, it outperformed 90.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PDCE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PDCE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PDCE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.77 | NEUTRAL | The RSI value for PDCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests PDCE has a negative trend. |
| Stochastics (14,3) | 61.98 | NEUTRAL | The Stochastics value for PDCE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for PDCE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.98 | NEGATIVE | The low ADX value for PDCE suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 75.90 | 73.45 | 2.45 (3.23%) | 25.00% |
| An entry @75.90. This is a Buy Stop order right above the resistance zone. | An exit @73.45. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.45 points, which is 3.23%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.81%. |
73.85
-0.2 (-0.27%)
ChartMill assigns a technical rating of 8 / 10 to PDCE.
The current trend direction for PDC ENERGY INC (PDCE) is Bullish.
PDC ENERGY INC (PDCE) has an RSI value of 54.7745. This indicates that the stock is currently neutral.
The short term momentum for PDC ENERGY INC (PDCE) is positive.
The buy/sell signal for PDC ENERGY INC (PDCE) is buy as both the short term and long term trends are positive.