PEOPLES BANCORP INC (PEBO) Technical Analysis
NASDAQ:PEBO • US7097891011
Current stock price
PEBO Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to PEBO. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PEBO is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- PEBO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PEBO is lagging the market slightly.
- PEBO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When compared to the yearly performance of all other stocks, PEBO outperforms 61% of them, which is more or less in line with the market.
- PEBO is part of the Banks industry. There are 376 other stocks in this industry, PEBO did better than 48% of them.
PEBO Weekly and Daily overview Charts
PEBO Setup Rating and Analysis
Besides having an excellent technical rating, PEBO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
PEBO Support and Resistance Analysis
27.88
When analyzing the support we can see 5 important areas.
- A support zone ranging from 32.04 to 32.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.13 to 31.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 29.50 to 30.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.99 from a horizontal line in the weekly time frame.
- Support @28.16 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 34.51 to 34.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
PEBO Technical Indicator Signal Analysis
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 | 61.45 | NEUTRAL | PEBO is not amongst the best or worst performers 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) | 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) | 58.8 | NEUTRAL | The RSI value for PEBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PEBO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.25 | NEUTRAL | The Stochastics value for PEBO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for PEBO suggests some volalility. |
| Average Directional Index/ADX (14) | 31.05 | POSITIVE | The high ADX value value for PEBO suggests a strong trend. |
PEBO Chart- and CandleStick Pattern Analysis
PEBO Example Setup
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 |
|---|---|---|---|
| 34.76 | 33.53 | 1.23 (3.54%) | 25.00% |
| An entry @34.76. This is a Buy Stop order right above the resistance zone. | An exit @33.53. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.23 points, which is 3.54%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.88%. |
- 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.
PEBO Technicals: Chart, Performance Metrics, Trend & Indicators
34.5
+0.37 (+1.08%)
PEOPLES BANCORP INC / PEBO TA FAQ
What is the ChartMill technical rating of PEOPLES BANCORP INC (PEBO) stock?
ChartMill assigns a technical rating of 8 / 10 to PEBO.
What is the trend direction for PEBO stock?
The current trend direction for PEOPLES BANCORP INC (PEBO) is Bullish.
Can you provide the RSI signal for PEOPLES BANCORP INC?
PEOPLES BANCORP INC (PEBO) has an RSI value of 58.7954. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for PEOPLES BANCORP INC?
The buy/sell signal for PEOPLES BANCORP INC (PEBO) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for PEOPLES BANCORP INC?
PEOPLES BANCORP INC (PEBO) has a support level at 32.35 and a resistance level at 34.51. Check the full technical report for our detailed analysis of PEBO support and resistance levels.