PENN REAL ESTATE INVEST TST (PEI) Stock Technical Analysis
NYSE:PEI - New York Stock Exchange, Inc. - US7091028008 - REIT - Currency: USD
Taking everything into account, PEI scores 0 out of 10 in our technical rating. PEI'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.
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, PEI is a bad performer in the overall market: 94% of all stocks are doing better.
PEI is one of the lesser performing stocks in the Diversified REITs industry. 92% of 128 stocks in the same industry do better.
PEI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PEI is lagging the market.
In the last month PEI has a been trading in the 2.30 - 2.95 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Although the technical rating is bad, PEI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.64. Right above this resistance zone may be a good entry point.
More info and screens
2.37
3.60
We can see 2 important resistance areas.
- A resistance zone ranging from 2.64 to 2.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.56 from a trend line 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 | DOWN | NEGATIVE | The long term trend for PEI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PEI is down. |
| ChartMill Relative Strength | 6.68 | NEGATIVE | PEI has a low relative strength, it was outperformed by 93.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PEI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PEI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PEI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.47 | NEUTRAL | The RSI value for PEI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PEI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 32.68 | NEUTRAL | The Stochastics value for PEI is a neutral value. |
| Average True Range in percent/ATR (20) | 9.84 | HIGH VOLATILITY | The high ATR as a percentage value for PEI suggests high volalility. |
| Average Directional Index/ADX (14) | 10.26 | NEGATIVE | The low ADX value for PEI 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)
2.39
-0.01 (-0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.42%
1 Week-10.49%
2 Weeks-10.49%
1 Month-17.87%
3 Month-45.06%
6 Month-43.5%
12 Month-84.53%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%9.84%
ATR Inc-22.46%
Range Today0.15
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.68
Mansfield-6.36
10 Day High2.78
10 Day Low2.3
20 Day High2.95
20 Day Low2.3
52 Week High18.75
52 Week Low2.3
CS1 EndN/A
CR1 Start2.64
Volume & EV
DER(3)-2.68%
DER(5)-6.87%
Volume24.50K
Volume Incr-46.13%
Vol(5)33.54K
Vol(50)42.46K