PEOPLES BANCORP INC (PEBO) Technical Analysis
NASDAQ:PEBO • US7097891011
Taking everything into account, PEBO scores 3 out of 10 in our technical rating. PEBO has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month PEBO has a been trading in the 30.79 - 34.33 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, PEBO turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
- PEBO is an average performer in the Banks industry, it outperforms 43% of 381 stocks in the same industry.
- PEBO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PEBO is lagging the market.
Although the technical rating is bad, PEBO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 30.20, a Stop Loss order could be placed below this zone.
More info and screens
27.39
When analyzing the support we can see 4 important areas.
- Support @30.20 from a horizontal line in the daily time frame.
- Support @29.16 from a trend line in the weekly time frame.
- A support zone ranging from 28.15 to 28.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.67 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 31.96 to 32.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 34.18 to 34.19. 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 PEBO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PEBO is down. |
| ChartMill Relative Strength | 51.14 | NEUTRAL | PEBO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PEBO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PEBO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PEBO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.93 | NEUTRAL | The RSI value for PEBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests PEBO has a negative trend. |
| Stochastics (14,3) | 29.54 | NEUTRAL | The Stochastics value for PEBO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for PEBO suggests some volalility. |
| Average Directional Index/ADX (14) | 21.33 | NEUTRAL | The ADX value for PEBO suggests a possible start of a new trend. |
PEBO Technicals: Chart, Performance Metrics, Trend & Indicators
31.51
-0.25 (-0.79%)
PEOPLES BANCORP INC / PEBO FAQ
What is the ChartMill technical rating of PEOPLES BANCORP INC (PEBO) stock?
ChartMill assigns a technical rating of 3 / 10 to PEBO.
What is the trend direction for 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 40.9282. This indicates that the stock is currently neutral.
What is the short term momentum for PEOPLES BANCORP INC (PEBO) stock?
The short term momentum for PEOPLES BANCORP INC (PEBO) is negative.
What is the support and resistance level for PEBO stock?
PEOPLES BANCORP INC (PEBO) has a support level at 30.2 and a resistance level at 31.96. Check the full technical report for our detailed analysis of PEBO support and resistance levels.