PIEDMONT OFFICE REALTY TRU-A (PDM) Stock Technical Analysis
NYSE:PDM - New York Stock Exchange, Inc. - US7201902068 - REIT - Currency: USD
We assign a technical rating of 1 out of 10 to PDM. PDM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
65% of all other stocks performed better in the past year than PDM.
PDM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PDM is lagging the market.
In the last month PDM has a been trading in the 5.46 - 7.07 range, which is quite wide. It is currently trading near the high of this range.
PDM has an average volume of 1082530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PDM is an average performer in the Diversified REITs industry, it outperforms 46% of 129 stocks in the same industry.
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 resistance zone just above the current price starting at 7.03. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.08
7.67
2 important support areas can be observed.
- Support @6.24 from a trend line in the weekly time frame.
- A support zone ranging from 6.14 to 6.14. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.03 to 7.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.59 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.76
Mansfield-2.18
10 Day High7.07
10 Day Low6.48
20 Day High7.07
20 Day Low5.46
52 Week High11.12
52 Week Low5.46
Performance
1 Week-1.45%
2 Weeks4.3%
1 Month1.8%
3 Month-3.96%
6 Month-27.46%
12 Month-4.77%
2 Year8.99%
3 Year-53.93%
5 Year-59.29%
10 Year-60.5%
15 Year-64.23%
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)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)51.11
LBB6.33
UBB7.13
6.79
-0.09 (-1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-1.31%
1 Week-1.45%
2 Weeks4.3%
1 Month1.8%
3 Month-3.96%
6 Month-27.46%
12 Month-4.77%
2 Year8.99%
3 Year-53.93%
5 Year-59.29%
10 Year-60.5%
15 Year-64.23%
Volatility
ATR(14)0.25
ATR(20)%4.35%
ATR Inc-42.16%
Range Today0.17
ADR(20)0.24
ADR(20)%3.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.76
Mansfield-2.18
10 Day High7.07
10 Day Low6.48
20 Day High7.07
20 Day Low5.46
52 Week High11.12
52 Week Low5.46
CS1 End6.24
CR1 Start7.03
Volume & EV
DER(3)2.84%
DER(5)2.41%
Volume1.16M
Volume Incr-32.22%
Vol(5)945.97K
Vol(50)1.08M