ADAMS NATURAL RESOURCES FUND (PEO) Stock Technical Analysis
NYSE:PEO - New York Stock Exchange, Inc. - US00548F1057 - Currency: USD
Taking everything into account, PEO scores 1 out of 10 in our technical rating. PEO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, PEO is a bad performer in the overall market: 76% of all stocks are doing better.
PEO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PEO is lagging the market.
In the last month PEO has a been trading in the 19.72 - 21.03 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
PEO 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.
More info and screens
19.39
24.63
2 important support areas can be observed.
- Support @20.03 from a horizontal line in the weekly time frame.
- A support zone ranging from 19.59 to 19.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 20.13 to 20.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @22.17 from a trend line in the daily time frame.
- Resistance @22.63 from a horizontal line in the weekly time frame.
- Resistance @23.08 from a horizontal line in the daily time frame.
- A resistance zone ranging from 24.02 to 24.39. 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 | DOWN | NEGATIVE | The long term trend for PEO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PEO is down. |
| ChartMill Relative Strength | 24.18 | NEGATIVE | PEO has a low relative strength, it was outperformed by 75.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PEO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PEO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PEO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.28 | NEUTRAL | The RSI value for PEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PEO has a negative trend. |
| Stochastics (14,3) | 22.49 | NEUTRAL | The Stochastics value for PEO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.05 | MEDIUM VOLATILITY | The ATR as a percentage value for PEO suggests some volalility. |
| Average Directional Index/ADX (14) | 11.62 | NEGATIVE | The low ADX value for PEO suggests a weak or negative trend. |
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)
20.08
-0.11 (-0.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.54%
1 Week0.3%
2 Weeks-3.28%
1 Month0.5%
3 Month-10.06%
6 Month-15.2%
12 Month-15.06%
2 Year3.56%
3 Year-12.62%
5 Year82.05%
10 Year-16.16%
15 Year-5.95%
Volatility
ATR(14)0.42
ATR(20)%2.05%
ATR Inc-26.61%
Range Today0.3
ADR(20)0.36
ADR(20)%1.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.18
Mansfield-1.37
10 Day High20.93
10 Day Low19.8
20 Day High21.03
20 Day Low19.72
52 Week High24.79
52 Week Low18.35
CS1 End20.03
CR1 Start20.13
Volume & EV
DER(3)0.82%
DER(5)0.37%
Volume40.90K
Volume Incr-1.6%
Vol(5)48.86K
Vol(50)57.00K