PHILLIPS EDISON & COMPANY IN (PECO) Stock Technical Analysis
USA - NASDAQ:PECO - US71844V2016 - REIT
Overall PECO gets a technical rating of 3 out of 10. In the past year, PECO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, PECO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 35.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.56, 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 34.23 to 34.56. 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 33.53. 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 35.21 to 35.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 36.18 to 36.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 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 | 34.78 | 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) | DOWN | NEGATIVE | The current price of PECO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.64 | NEUTRAL | The RSI value for PECO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests PECO has a positive trend. |
| Stochastics (14,3) | 64.68 | NEUTRAL | The Stochastics value for PECO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for PECO suggests low volalility. |
| Average Directional Index/ADX (14) | 20.23 | NEUTRAL | The ADX value for PECO suggests a possible start of a new trend. |
34.9
+0.39 (+1.13%)
PHILLIPS EDISON & COMPANY IN / PECO FAQ
What is the technical rating for PECO stock?
ChartMill assigns a technical rating of 3 / 10 to PECO.
What is the current trend direction of PHILLIPS EDISON & COMPANY IN (PECO) stock?
The current trend direction for PHILLIPS EDISON & COMPANY IN (PECO) is Bearish.
What is the RSI signal for PECO stock?
PHILLIPS EDISON & COMPANY IN (PECO) has an RSI value of 60.641. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PHILLIPS EDISON & COMPANY IN?
The MACD indicator for PHILLIPS EDISON & COMPANY IN (PECO) has a value of 0.0651367, indicating a bearish trend.
Can you provide the support and resistance levels for PHILLIPS EDISON & COMPANY IN?
PHILLIPS EDISON & COMPANY IN (PECO) has a support level at 34.56 and a resistance level at 35.21. Check the full technical report for our detailed analysis of PECO support and resistance levels.