Taking everything into account, PELI scores 4 out of 10 in our technical rating. In the last year, PELI was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
- 100% of all other stocks performed better in the past year than PELI.
- In the last month PELI has a been trading in the 10.25 - 11.49 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
PELI has only a medium 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 support zone below the current price at 10.10, a Stop Loss order could be placed below this zone.
More info and screens
9.89
We found 1 important support area.
- A support zone ranging from 9.99 to 10.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.17 to 11.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 PELI is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PELI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | PELI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PELI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PELI is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 43.47 | NEUTRAL | The RSI value for PELI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests PELI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.03 | OVERSOLD | The low Stochastics value suggests PELI may be oversold. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for PELI suggests some volalility. |
| Average Directional Index/ADX (14) | 35.29 | POSITIVE | The high ADX value value for PELI suggests a strong trend. |
NASDAQ:PELI (2/9/2026, 10:20:12 AM)
10.355
+0.03 (+0.24%)
PELICAN ACQUISITION CORP / PELI FAQ
What is the ChartMill technical rating of PELICAN ACQUISITION CORP (PELI) stock?
ChartMill assigns a technical rating of 4 / 10 to PELI.
Can you provide the trend direction for PELICAN ACQUISITION CORP?
The current trend direction for PELICAN ACQUISITION CORP (PELI) is Bullish.
Can you provide the RSI signal for PELICAN ACQUISITION CORP?
PELICAN ACQUISITION CORP (PELI) has an RSI value of 43.4675. This indicates that the stock is currently neutral.
What is the short term momentum for PELI stock?
The short term momentum for PELICAN ACQUISITION CORP (PELI) is negative.
What are the support and resistance levels for PELICAN ACQUISITION CORP (PELI) stock?
PELICAN ACQUISITION CORP (PELI) has a support level at 10.1 and a resistance level at 11.17. Check the full technical report for our detailed analysis of PELI support and resistance levels.