PIEDMONT REALTY TRUST INC (PDM) Stock Technical Analysis
USA - NYSE:PDM - US7201902068 - REIT
Taking everything into account, PDM scores 2 out of 10 in our technical rating. PDM performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, PDM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 8.23, a Stop Loss order could be placed below this zone.
More info and screens
6.08
We found 4 important support areas.
- A support zone ranging from 8.18 to 8.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.98 to 7.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.32 from a horizontal line in the weekly time frame.
- Support @6.14 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 8.45 to 8.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.98 to 9.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for PDM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PDM is down. |
| ChartMill Relative Strength | 28.8 | NEGATIVE | PDM has a low relative strength, it was outperformed by 71.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PDM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PDM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PDM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.8 | NEUTRAL | The RSI value for PDM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PDM has a positive trend. |
| Stochastics (14,3) | 38.41 | NEUTRAL | The Stochastics value for PDM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.79 | MEDIUM VOLATILITY | The ATR as a percentage value for PDM suggests some volalility. |
| Average Directional Index/ADX (14) | 15.97 | NEGATIVE | The low ADX value for PDM suggests a weak or negative trend. |
8.26
-0.01 (-0.12%)
PIEDMONT REALTY TRUST INC / PDM FAQ
What is the ChartMill technical rating of PIEDMONT REALTY TRUST INC (PDM) stock?
ChartMill assigns a technical rating of 2 / 10 to PDM.
What is the trend direction for PDM stock?
The current trend direction for PIEDMONT REALTY TRUST INC (PDM) is Bearish.
Can you provide the RSI signal for PIEDMONT REALTY TRUST INC?
PIEDMONT REALTY TRUST INC (PDM) has an RSI value of 47.7998. This indicates that the stock is currently neutral.
What is the MACD signal for PIEDMONT REALTY TRUST INC (PDM) stock?
The MACD indicator for PIEDMONT REALTY TRUST INC (PDM) has a value of 0.00580721, indicating a bearish trend.
Can you provide the short term momentum for PIEDMONT REALTY TRUST INC?
The short term momentum for PIEDMONT REALTY TRUST INC (PDM) is negative.