We assign a technical rating of 1 out of 10 to PECO. PECO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
PECO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 34.41, a Stop Loss order could be placed below this zone.
32.70
When analyzing the support we notice one important area.
3 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for PECO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PECO is neutral. |
| ChartMill Relative Strength | 26.9 | NEGATIVE | PECO has a low relative strength, it was outperformed by 73.1% 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 | MIXED | The current price of PECO is above 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) | 44.81 | 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. |
| Stochastics (14,3) | 32.42 | NEUTRAL | The Stochastics value for PECO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.33 | LOW VOLATILITY | The low ATR as a percentage value for PECO suggests low volalility. |
| Average Directional Index/ADX (14) | 12.81 | NEGATIVE | The low ADX value for PECO suggests a weak or negative trend. |
34.49
-0.39 (-1.12%)
ChartMill assigns a technical rating of 1 / 10 to PECO.
The current trend direction for PHILLIPS EDISON & COMPANY IN (PECO) is Bearish.
PHILLIPS EDISON & COMPANY IN (PECO) has an RSI value of 44.8142. This indicates that the stock is currently neutral.
The MACD indicator for PHILLIPS EDISON & COMPANY IN (PECO) has a value of -0.0682909, indicating a bearish trend.
PHILLIPS EDISON & COMPANY IN (PECO) has a support level at 34.41 and a resistance level at 34.74. Check the full technical report for our detailed analysis of PECO support and resistance levels.