We assign a technical rating of 8 out of 10 to PEBO. 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.
- PEBO is part of the Banks industry. There are 383 other stocks in this industry, of which 71% are performing better than PEBO.
- The long and short term trends are both positive. This is looking good!
- 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.
- In the last month PEBO has a been trading in the 29.62 - 32.92 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- 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 56% of all stocks.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although PEBO has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
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5 important support areas can be observed.
- A support zone ranging from 30.33 to 31.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 29.48 to 29.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @28.82 from a trend line in the weekly time frame.
- A support zone ranging from 28.15 to 28.31. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 32.91 to 33.03. 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 | 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 | 56.78 | 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) | 69.38 | NEUTRAL | The RSI value for PEBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests PEBO has a positive trend. |
| Stochastics (14,3) | 88.93 | OVERBOUGHT | The high Stochastics value suggests PEBO may be overbought. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for PEBO suggests low volalility. |
| Average Directional Index/ADX (14) | 21.73 | NEUTRAL | The ADX value for PEBO suggests a possible start of a new trend. |
32.9
+1.33 (+4.21%)
PEOPLES BANCORP INC / PEBO 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.
What is the RSI signal for PEOPLES BANCORP INC (PEBO) stock?
PEOPLES BANCORP INC (PEBO) has an RSI value of 69.3794. 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 31.19 and a resistance level at 32.91. Check the full technical report for our detailed analysis of PEBO support and resistance levels.