PONCE FINANCIAL GROUP INC (PDLB) Technical Analysis
NASDAQ:PDLB • US7323441060
Current stock price
PDLB Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to PDLB. Both in the recent history as in the last year, PDLB has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that PDLB is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, PDLB also shows a nice and consistent pattern of rising prices.
- PDLB is one of the better performing stocks in the Banks industry, it outperforms 74% of 380 stocks in the same industry.
- PDLB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PDLB is performing more or less in line with the market.
- In the last month PDLB has a been trading in the 15.86 - 17.01 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
PDLB Weekly and Daily overview Charts
PDLB Setup Rating and Analysis
PDLB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 17.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.68, a Stop Loss order could be placed below this zone.
More info and screens
PDLB Support and Resistance Analysis
13.77
When analyzing the support we can see 4 important areas.
- A support zone ranging from 15.98 to 16.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.39 from a trend line in the weekly time frame.
- Support @14.49 from a trend line in the daily time frame.
- Support @13.91 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 17.04 to 17.04. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 17.45 to 17.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
PDLB 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 | UP | POSITIVE | The long term trend for PDLB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PDLB is neutral. |
| ChartMill Relative Strength | 79.16 | POSITIVE | PDLB has a high relative strength, it outperformed 79.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PDLB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PDLB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PDLB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.62 | NEUTRAL | The RSI value for PDLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests PDLB has a positive trend. |
| Stochastics (14,3) | 82.53 | OVERBOUGHT | The high Stochastics value suggests PDLB may be overbought. |
| Average True Range in percent/ATR (20) | 2.09 | MEDIUM VOLATILITY | The ATR as a percentage value for PDLB suggests some volalility. |
| Average Directional Index/ADX (14) | 13.07 | NEGATIVE | The low ADX value for PDLB suggests a weak or negative trend. |
PDLB Chart- and CandleStick Pattern Analysis
PDLB Example Setup
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 |
|---|---|---|---|
| 17.05 | 16.16 | 0.89 (5.22%) | 19.16% |
| An entry @17.05. This is a Buy Stop order right above the resistance zone. | An exit @16.16. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.89 points, which is 5.22%. | For a 1.00% total portfolio risk, you can invest 19.16% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PDLB Technicals: Chart, Performance Metrics, Trend & Indicators
16.93
+0.03 (+0.18%)
PONCE FINANCIAL GROUP INC / PDLB TA FAQ
Can you provide the ChartMill technical rating for PONCE FINANCIAL GROUP INC?
ChartMill assigns a technical rating of 8 / 10 to PDLB.
What is the trend direction for PDLB stock?
The current trend direction for PONCE FINANCIAL GROUP INC (PDLB) is Bullish.
What is the RSI signal for PDLB stock?
PONCE FINANCIAL GROUP INC (PDLB) has an RSI value of 63.6239. This indicates that the stock is currently neutral.
What are the support and resistance levels for PONCE FINANCIAL GROUP INC (PDLB) stock?
PONCE FINANCIAL GROUP INC (PDLB) has a support level at 16.68 and a resistance level at 17.04. Check the full technical report for our detailed analysis of PDLB support and resistance levels.