Taking everything into account, PEBO scores 6 out of 10 in our technical rating. Although PEBO is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, PEBO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 30.95. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 30.59, a Stop Loss order could be placed below this zone. 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
27.13
We found 5 important support areas.
- A support zone ranging from 29.84 to 30.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.28 from a trend line in the daily time frame.
- Support @28.73 from a trend line in the weekly time frame.
- A support zone ranging from 28.16 to 28.16. 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 30.95 to 32.10. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for PEBO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PEBO is up. |
| ChartMill Relative Strength | 50.44 | 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 | POSITIVE | The current price of PEBO is above 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) | 53.43 | NEUTRAL | The RSI value for PEBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests PEBO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.55 | NEUTRAL | The Stochastics value for PEBO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.64 | LOW VOLATILITY | The low ATR as a percentage value for PEBO suggests low volalility. |
| Average Directional Index/ADX (14) | 20.33 | NEUTRAL | The ADX value for PEBO suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 31.46 | 29.83 | 1.63 (5.18%) | 19.29% |
| An entry @31.46. This is a Buy Stop order right above the 10 day high. | An exit @29.83. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.63 points, which is 5.18%. | For a 1.00% total portfolio risk, you can invest 19.29% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
30.83
-0.45 (-1.44%)
PEOPLES BANCORP INC / PEBO FAQ
What is the ChartMill technical rating of PEOPLES BANCORP INC (PEBO) stock?
ChartMill assigns a technical rating of 6 / 10 to PEBO.
What is the trend direction for PEBO stock?
The current trend direction for PEOPLES BANCORP INC (PEBO) is Bullish.
What is the RSI signal for PEOPLES BANCORP INC (PEBO) stock?
PEOPLES BANCORP INC (PEBO) has an RSI value of 53.4316. 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 positive.
What is the support and resistance level for PEBO stock?
PEOPLES BANCORP INC (PEBO) has a support level at 30.59 and a resistance level at 30.95. Check the full technical report for our detailed analysis of PEBO support and resistance levels.