PEOPLES BANCORP INC (PEBO) Stock Technical Analysis
USA - NASDAQ:PEBO - US7097891011 - Common Stock
We assign a technical rating of 1 out of 10 to PEBO. PEBO'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.
Although the technical rating is bad, PEBO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 29.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.34, a Stop Loss order could be placed below this zone.
More info and screens
27.13
When analyzing the support we can see 2 important areas.
- A support zone ranging from 28.16 to 28.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.40 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 29.44 to 30.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 31.17 to 31.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 32.10 to 32.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @33.03 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 | DOWN | NEGATIVE | The long term trend for PEBO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PEBO is neutral. |
| ChartMill Relative Strength | 23.73 | NEGATIVE | PEBO has a low relative strength, it was outperformed by 76.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PEBO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PEBO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PEBO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.05 | NEUTRAL | The RSI value for PEBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests PEBO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 54.99 | NEUTRAL | The Stochastics value for PEBO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for PEBO suggests some volalility. |
| Average Directional Index/ADX (14) | 10.18 | NEGATIVE | The low ADX value for PEBO suggests a weak or negative trend. |
29.06
+0.18 (+0.62%)
PEOPLES BANCORP INC / PEBO FAQ
What is the ChartMill technical rating of PEOPLES BANCORP INC (PEBO) stock?
ChartMill assigns a technical rating of 1 / 10 to PEBO.
What is the current trend direction of PEOPLES BANCORP INC (PEBO) stock?
The current trend direction for PEOPLES BANCORP INC (PEBO) is Bearish.
What is the RSI signal for PEOPLES BANCORP INC (PEBO) stock?
PEOPLES BANCORP INC (PEBO) has an RSI value of 49.0453. This indicates that the stock is currently neutral.
What is the MACD signal for PEOPLES BANCORP INC (PEBO) stock?
The MACD indicator for PEOPLES BANCORP INC (PEBO) has a value of 0.0655672, indicating a bearish trend.