PENN REAL ESTATE INVEST TST (PEI) Technical Analysis

NYSE:PEIUS7091028008

Current stock price

2.39 USD
-0.01 (-0.42%)
At close:
2.57 USD
+0.18 (+7.53%)
After Hours:

PEI Technical Rating and Analysis

0

Overall PEI gets a technical rating of 0 out of 10. 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.

  • Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
  • 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 part of the Diversified REITs industry. There are 123 other stocks in this industry, of which 91% are performing better than PEI.
  • 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.

PEI Weekly and Daily overview Charts

PENN REAL ESTATE INVEST TST / PEI Weekly stock chart
PENN REAL ESTATE INVEST TST / PEI Daily stock chart

PEI Setup Rating and Analysis

6

Although the technical rating is bad, PEI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. 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.

PEI Support and Resistance Analysis

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.

PEI Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for PEI is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for PEI is down.
ChartMill Relative Strength6.68NEGATIVEPEI has a low relative strength, it was outperformed by 93.32% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of PEI is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of PEI is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of PEI is below a declining SMA(200).
Relative Strength Index/RSI (14)41.47NEUTRALThe RSI value for PEI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests PEI has a positive trend, although the MACD value is declining.
Stochastics (14,3)32.68NEUTRALThe Stochastics value for PEI is a neutral value.
Average True Range in percent/ATR (20)9.84HIGH VOLATILITYThe high ATR as a percentage value for PEI suggests high volalility.
Average Directional Index/ADX (14)10.26NEGATIVEThe low ADX value for PEI suggests a weak or negative trend.

PEI Chart- and CandleStick Pattern Analysis

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)

PEI Technicals: Chart, Performance Metrics, Trend & Indicators

PENN REAL ESTATE INVEST TST / PEI Daily stock chart

PENN REAL ESTATE INVEST TST

NYSE:PEI (12/15/2022, 8:16:44 PM)

After market: 2.57 +0.18 (+7.53%)

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
3 months CRSN/A
6 months CRSN/A
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

PENN REAL ESTATE INVEST TST / PEI TA FAQ

What is the ChartMill technical rating of PENN REAL ESTATE INVEST TST (PEI) stock?

ChartMill assigns a technical rating of 0 / 10 to PEI.


Can you provide the trend direction for PENN REAL ESTATE INVEST TST?

The current trend direction for PENN REAL ESTATE INVEST TST (PEI) is Bearish.


What is the RSI signal for PEI stock?

PENN REAL ESTATE INVEST TST (PEI) has an RSI value of 41.4664. This indicates that the stock is currently neutral.


What is the MACD signal for PENN REAL ESTATE INVEST TST (PEI) stock?

The MACD indicator for PENN REAL ESTATE INVEST TST (PEI) has a value of 0.0121109, indicating a bearish trend.


What is the short term momentum for PENN REAL ESTATE INVEST TST (PEI) stock?

The short term momentum for PENN REAL ESTATE INVEST TST (PEI) is negative.