PONCE FINANCIAL GROUP INC (PDLB) Stock Technical Analysis
NASDAQ:PDLB • US7323441060
Overall PDLB gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month PDLB has a been trading in the 15.88 - 17.47 range, which is quite wide. It is currently trading near the lows of this range.
- 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!
- Looking at the yearly performance, PDLB did better than 71% of all other stocks. We also observe that the gains produced by PDLB over the past year are nicely spread over this period.
- PDLB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PDLB is lagging the market slightly.
- PDLB is an average performer in the Banks industry, it outperforms 64% of 379 stocks in the same industry.
PDLB has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
11.03
We found 5 important support areas.
- Support @15.92 from a trend line in the weekly time frame.
- A support zone ranging from 14.91 to 15.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.36 to 14.47. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 13.75 to 14.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.14 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 16.61 to 17.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
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 | 71.23 | POSITIVE | PDLB has a high relative strength, it outperformed 71.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PDLB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PDLB is below a declining 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) | 44.77 | NEUTRAL | The RSI value for PDLB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests PDLB has a negative trend. |
| Stochastics (14,3) | 22.68 | NEUTRAL | The Stochastics value for PDLB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for PDLB suggests some volalility. |
| Average Directional Index/ADX (14) | 14.76 | NEGATIVE | The low ADX value for PDLB 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 |
|---|---|---|---|
| 16.62 | 16.07 | 0.55 (3.33%) | 25.00% |
| An entry @16.62. This is a Buy Stop order right above the 10 day moving average. | An exit @16.07. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.55 points, which is 3.33%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.83%. |
- The distance between exit and entry is rather small compared to the average daily movement of PDLB. Please evaluate whether better entry and exit points can be found.
- 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.
16.34
+0.18 (+1.11%)
PONCE FINANCIAL GROUP INC / PDLB FAQ
Can you provide the ChartMill technical rating for PONCE FINANCIAL GROUP INC?
ChartMill assigns a technical rating of 6 / 10 to PDLB.
What is the current trend direction of PONCE FINANCIAL GROUP INC (PDLB) stock?
The current trend direction for PONCE FINANCIAL GROUP INC (PDLB) is Bullish.
Can you provide the RSI signal for PONCE FINANCIAL GROUP INC?
PONCE FINANCIAL GROUP INC (PDLB) has an RSI value of 44.7676. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PONCE FINANCIAL GROUP INC?
The MACD indicator for PONCE FINANCIAL GROUP INC (PDLB) has a value of -0.0696665, indicating a bearish trend.
What is the support and resistance level for PDLB stock?
PONCE FINANCIAL GROUP INC (PDLB) has a support level at 15.92 and a resistance level at 16.61. Check the full technical report for our detailed analysis of PDLB support and resistance levels.