PIEDMONT REALTY TRUST INC (PDM) Stock Technical Analysis
NYSE:PDM - US7201902068 - REIT
8.17 USD
+0.31 (+3.94%)
8.17 USD
0 (0%)
We assign a technical rating of 8 out of 10 to PDM. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PDM is only an average performer.
The long and short term trends are both positive. This is looking good!
PDM is part of the Diversified REITs industry. There are 129 other stocks in this industry. PDM outperforms 74% of them.
In the last month PDM has a been trading in the 7.24 - 8.29 range, which is quite wide. It is currently trading near the high of this range.
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 52% of all stocks.
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.
Although PDM has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.08
8.25
When analyzing the support we can see 5 important areas.
- A support zone ranging from 7.68 to 7.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.25 to 7.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.09 to 7.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @6.42 from a trend line in the weekly time frame.
- Support @6.14 from a horizontal line in the weekly 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 PDM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PDM is up. |
| ChartMill Relative Strength | 52.09 | NEUTRAL | PDM is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of PDM is above the rising 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) | 67.05 | NEUTRAL | The RSI value for PDM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PDM has a positive trend. |
| Stochastics (14,3) | 85.16 | OVERBOUGHT | The high Stochastics value suggests PDM may be overbought. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for PDM suggests some volalility. |
| Average Directional Index/ADX (14) | 13.73 | 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)
8.17
+0.31 (+3.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg3.94%
1 Week5.97%
2 Weeks8.21%
1 Month8.79%
3 Month25.31%
6 Month15.56%
12 Month-12.53%
2 Year18.92%
3 Year-30.65%
5 Year-46.64%
10 Year-51.83%
15 Year-55.5%
Volatility
ATR(14)0.22
ATR(20)%3.05%
ATR Inc13.49%
Range Today0.4
ADR(20)0.25
ADR(20)%3.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.09
Mansfield-0.97
10 Day High8.29
10 Day Low7.46
20 Day High8.29
20 Day Low7.24
52 Week High11.12
52 Week Low5.46
CS1 End7.81
CR1 StartN/A
Volume & EV
DER(3)-1.4%
DER(5)-0.16%
Volume686.30K
Volume Incr-28.1%
Vol(5)699.46K
Vol(50)902.67K