We assign a technical rating of 10 out of 10 to PEIX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PEIX is showing a nice and steady performance.
PEIX has an excellent technical rating and 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
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.
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. |
6.78
-0.08 (-1.17%)
Alto Ingredients Inc / PEIX FAQ
What is the technical rating for PEIX stock?
ChartMill assigns a technical rating of 9 / 10 to PEIX.
What is the current trend direction of Alto Ingredients Inc (PEIX) stock?
The current trend direction for Alto Ingredients Inc (PEIX) is Bullish.
What is the RSI signal for Alto Ingredients Inc (PEIX) stock?
Alto Ingredients Inc (PEIX) has an RSI value of 51.7664. This indicates that the stock is currently neutral.
What is the MACD signal for Alto Ingredients Inc (PEIX) stock?
The MACD indicator for Alto Ingredients Inc (PEIX) has a value of 0.00208185, indicating a bearish trend.
What are the support and resistance levels for Alto Ingredients Inc (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.