Alto Ingredients Inc (PEIX) Stock Technical Analysis
NASDAQ:PEIX - Nasdaq -
Taking everything into account, PEIX scores 10 out of 10 in our technical rating. 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.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that PEIX is one of the better performing stocks in the market, outperforming 98% of all 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 currently trading near new highs, so PEIX is lagging the market.
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.
Besides having an excellent technical rating, PEIX also presents a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- 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
5.49
7.63
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.
When analyzing the resistance we notice 3 important areas.
- 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.
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. |
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)
6.78
-0.08 (-1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.17%
1 Week0.44%
2 Weeks-8.63%
1 Month19.16%
3 Month11.33%
6 Month188.51%
12 Month945.01%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%9.26%
ATR Inc7.51%
Range Today0.78
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
CRS98.72
Mansfield8.88
10 Day High7.97
10 Day Low6.27
20 Day High8.06
20 Day Low5.29
52 Week High11.44
52 Week Low0.22
CS1 End6.45
CR1 Start6.93
Volume & EV
DER(3)-3.69%
DER(5)-0.87%
Volume5.04M
Volume Incr3.09%
Vol(5)5.51M
Vol(50)5.66M