PHILLIPS EDISON & COMPANY IN (PECO) Stock Technical Analysis
NASDAQ:PECO - Nasdaq - US71844V2016 - REIT - Currency: USD
Taking everything into account, PECO scores 4 out of 10 in our technical rating. PECO has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
PECO is part of the Diversified REITs industry. There are 129 other stocks in this industry. PECO outperforms 77% of them.
In the last month PECO has a been trading in the 33.70 - 36.58 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, PECO turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
PECO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PECO is lagging the market slightly.
PECO has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
33.19
37.70
When analyzing the support we can see 3 important areas.
- A support zone ranging from 35.09 to 35.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @34.43 from a horizontal line in the daily time frame.
- Support @33.53 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 36.15 to 36.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 37.30 to 37.33. This zone is formed by a combination of multiple trend lines in the daily 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 | 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 | 62.35 | 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 | MIXED | The current price of PECO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.77 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 53.16 | NEUTRAL | The Stochastics value for PECO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for PECO suggests low volalility. |
| Average Directional Index/ADX (14) | 15.85 | 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)
35.46
+0.02 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.06%
1 Week3.87%
2 Weeks-1.2%
1 Month1.43%
3 Month-4.68%
6 Month-10.23%
12 Month11.02%
2 Year22.23%
3 Year5.1%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.71
ATR(20)%1.93%
ATR Inc0.76%
Range Today0.61
ADR(20)0.63
ADR(20)%1.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.35
Mansfield-0.49
10 Day High36.3
10 Day Low33.71
20 Day High36.58
20 Day Low33.71
52 Week High40.12
52 Week Low30.86
CS1 End35.4
CR1 Start36.15
Volume & EV
DER(3)-2.81%
DER(5)-0.3%
Volume1.10M
Volume Incr28.01%
Vol(5)1.01M
Vol(50)904.43K