Alto Ingredients Inc (PEIX) Technical Analysis
NASDAQ:PEIX
Current stock price
PEIX Technical Rating and Analysis
Overall PEIX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, PEIX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, PEIX did better than 98% of all other stocks.
- PEIX has an average volume of 5655570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PEIX 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 PEIX is lagging the market slightly.
- In the last month PEIX has a been trading in the 5.29 - 8.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PEIX Weekly and Daily overview Charts
PEIX Setup Rating and Analysis
Besides having an excellent technical rating, PEIX also presents a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
PEIX Support and Resistance Analysis
5.49
We found 4 important support areas.
- Support @6.45 from a horizontal line in the daily time frame.
- Support @6.18 from a trend line in the daily time frame.
- A support zone ranging from 5.89 to 5.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.55 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 6.93 to 6.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.39 from a trend line in the daily time frame.
- Resistance @7.55 from a horizontal line in the daily time frame.
PEIX 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PEIX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PEIX is up. |
| ChartMill Relative Strength | 98.72 | POSITIVE | PEIX has a high relative strength, it outperformed 98.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PEIX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PEIX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PEIX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.77 | NEUTRAL | The RSI value for PEIX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PEIX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.17 | NEUTRAL | The Stochastics value for PEIX is a neutral value. |
| Average True Range in percent/ATR (20) | 9.26 | HIGH VOLATILITY | The high ATR as a percentage value for PEIX suggests high volalility. |
PEIX Chart- and CandleStick Pattern Analysis
PEIX Technicals: Chart, Performance Metrics, Trend & Indicators
6.78
-0.08 (-1.17%)
Alto Ingredients Inc / PEIX TA FAQ
What is the technical rating for PEIX stock?
ChartMill assigns a technical rating of 9 / 10 to PEIX.
Can you provide the trend direction for Alto Ingredients Inc?
The current trend direction for Alto Ingredients Inc (PEIX) is Bullish.
Can you provide the RSI signal for Alto Ingredients Inc?
Alto Ingredients Inc (PEIX) has an RSI value of 51.7664. This indicates that the stock is currently neutral.
What is the short term momentum for Alto Ingredients Inc (PEIX) stock?
The short term momentum for Alto Ingredients Inc (PEIX) is positive.
What is the support and resistance level for PEIX stock?
Alto Ingredients Inc (PEIX) has a support level at 6.45 and a resistance level at 6.93. Check the full technical report for our detailed analysis of PEIX support and resistance levels.