PIEDMONT REALTY TRUST INC (PDM) Stock Technical Analysis
NYSE:PDM - New York Stock Exchange, Inc. - US7201902068 - REIT - Currency: USD
We assign a technical rating of 5 out of 10 to PDM. PDM has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
PDM has an average volume of 1270140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, PDM turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
PDM is an average performer in the Diversified REITs industry, it outperforms 62% of 130 stocks in the same industry.
PDM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PDM is lagging the market.
In the last month PDM has a been trading in the 7.07 - 7.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PDM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
6.08
7.88
We found 5 important support areas.
- A support zone ranging from 7.23 to 7.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.89 to 7.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.51 from a horizontal line in the weekly time frame.
- Support @6.32 from a trend line in the weekly time frame.
- Support @6.14 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.44 to 7.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.80 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for PDM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PDM is neutral. |
| ChartMill Relative Strength | 45.48 | NEUTRAL | PDM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PDM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PDM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PDM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.02 | NEUTRAL | The RSI value for PDM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests PDM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.78 | NEUTRAL | The Stochastics value for PDM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for PDM suggests some volalility. |
| Average Directional Index/ADX (14) | 15.84 | NEGATIVE | The low ADX value for PDM suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
7.4
+0.11 (+1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg1.51%
1 Week0.82%
2 Weeks-1.46%
1 Month0.54%
3 Month10.78%
6 Month-17.96%
12 Month2.07%
2 Year-0.54%
3 Year-46.22%
5 Year-54.35%
10 Year-59.36%
15 Year-58.89%
Volatility
ATR(14)0.25
ATR(20)%3.06%
ATR Inc30.28%
Range Today0.41
ADR(20)0.22
ADR(20)%2.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.48
Mansfield-1.75
10 Day High7.6
10 Day Low7.07
20 Day High7.82
20 Day Low7.07
52 Week High11.12
52 Week Low5.46
CS1 End7.2
CR1 Start7.31
Volume & EV
DER(3)-1.82%
DER(5)-2.16%
Volume1.04M
Volume Incr-11.19%
Vol(5)1.06M
Vol(50)1.27M