We assign a technical rating of 8 out of 10 to PECO. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PECO is only an average performer.
Besides having an excellent technical rating, PECO 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. There is a support zone below the current price at 35.45, a Stop Loss order could be placed below this zone.
More info and screens
32.70
We found 2 important support areas.
- A support zone ranging from 34.27 to 35.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 33.03 to 33.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 35.90 to 36.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @37.33 from a horizontal line in the daily time frame.
- A resistance zone ranging from 39.51 to 39.81. 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 PECO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PECO is up. |
| ChartMill Relative Strength | 44.04 | NEUTRAL | PECO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PECO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PECO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PECO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.8 | NEUTRAL | The RSI value for PECO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PECO has a negative trend. |
| Stochastics (14,3) | 63.32 | NEUTRAL | The Stochastics value for PECO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.29 | LOW VOLATILITY | The low ATR as a percentage value for PECO suggests low volalility. |
| Average Directional Index/ADX (14) | 19.88 | NEGATIVE | The low ADX value for PECO suggests a weak or negative 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 |
|---|---|---|---|
| 36.29 | 35.20 | 1.09 (3.00%) | 25.00% |
| An entry @36.29. This is a Buy Stop order right above the resistance zone. | An exit @35.20. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.09 points, which is 3.00%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.75%. |
- 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.
35.57
-0.3 (-0.84%)
PHILLIPS EDISON & COMPANY IN / PECO FAQ
What is the technical rating for PECO stock?
ChartMill assigns a technical rating of 8 / 10 to PECO.
Can you provide the trend direction for PHILLIPS EDISON & COMPANY IN?
The current trend direction for PHILLIPS EDISON & COMPANY IN (PECO) is Bullish.
What is the RSI signal for PECO stock?
PHILLIPS EDISON & COMPANY IN (PECO) has an RSI value of 52.7999. This indicates that the stock is currently neutral.
What is the MACD signal for PHILLIPS EDISON & COMPANY IN (PECO) stock?
The MACD indicator for PHILLIPS EDISON & COMPANY IN (PECO) has a value of -0.0078566, indicating a bearish trend.
What is the short term momentum for PECO stock?
The short term momentum for PHILLIPS EDISON & COMPANY IN (PECO) is positive.