PHILLIPS EDISON & COMPANY IN (PECO) Stock Technical Analysis
NASDAQ:PECO - Nasdaq - US71844V2016 - REIT - Currency: USD
Overall PECO gets a technical rating of 0 out of 10. PECO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, PECO is a bad performer in the overall market: 71% of all stocks are doing better.
PECO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
PECO is an average performer in the Diversified REITs industry, it outperforms 41% of 129 stocks in the same industry.
In the last month PECO has a been trading in a tight range between 34.18 and 36.09.
Although the technical rating is bad, PECO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 34.43, a Stop Loss order could be placed below this zone.
More info and screens
33.19
39.91
We found 1 important support area.
- A support zone ranging from 33.53 to 34.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 34.84 to 35.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.95 to 36.18. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 37.30 to 37.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @39.51 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 | DOWN | NEGATIVE | The long term trend for PECO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PECO is down. |
| ChartMill Relative Strength | 29.88 | NEGATIVE | PECO has a low relative strength, it was outperformed by 70.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PECO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PECO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PECO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.25 | NEUTRAL | The RSI value for PECO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests PECO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.18 | OVERSOLD | The low Stochastics value suggests PECO may be oversold. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for PECO suggests low volalility. |
| Average Directional Index/ADX (14) | 14.57 | NEGATIVE | The low ADX value for PECO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
34.59
+0.04 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.12%
1 Week-1.76%
2 Weeks-1.2%
1 Month-3.24%
3 Month-1.31%
6 Month-2.73%
12 Month2.13%
2 Year-2.04%
3 Year1.62%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%1.76%
ATR Inc-36.2%
Range Today0.49
ADR(20)0.59
ADR(20)%1.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.88
Mansfield-1.21
10 Day High35.77
10 Day Low34.18
20 Day High36.09
20 Day Low34.18
52 Week High40.12
52 Week Low32.4
CS1 End34.43
CR1 Start34.84
Volume & EV
DER(3)-0.18%
DER(5)-1.35%
Volume526.40K
Volume Incr-13.83%
Vol(5)658.56K
Vol(50)814.12K