PENN REAL ESTATE INVEST TST (PEI) Stock Technical Analysis
USA - NYSE:PEI - US7091028008 - REIT
We assign a technical rating of 0 out of 10 to PEI. 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.
PEI has a bad technical rating, but it does show a decent setup pattern. 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.
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2.37
When analyzing the resistance we notice 2 important 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. |
2.39
-0.01 (-0.42%)
PENN REAL ESTATE INVEST TST / PEI 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.
What is the trend direction for PEI stock?
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 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.