PES Technical Analysis - PEARSON PLC

Technical Rating and Analysis

Overall PES gets a technical rating of 0 out of 10. PES scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, PES is a bad performer in the overall market: 81% of all stocks are doing better.

PES is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month PES has a been trading in the 12.04 - 13.14 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

Warning: PES has an average volume of 2423 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of PES is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

11.91

15.03

We found 1 important support area.

A support zone ranging from 12.03 to 12.03. This zone is formed by a combination of multiple trend lines in multiple time frames.

4 important resistance areas can be observed.

Resistance @12.13 from a horizontal line in the daily time frame.
A resistance zone ranging from 12.51 to 12.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 13.07 to 13.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @14.88 from a horizontal line in the daily time frame.

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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	DOWN	NEGATIVE	The long term trend for PES.DE is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for PES.DE is down.
ChartMill Relative Strength	19.05	NEGATIVE	PES.DE has a low relative strength, it was outperformed by 80.95% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of PES.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of PES.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of PES.DE is below the rising SMA(200).
Relative Strength Index/RSI (14)	35.47	NEUTRAL	The RSI value for PES.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.01	NEGATIVE	The MACD value suggests PES.DE has a negative trend.
Stochastics (14,3)	8.39	OVERSOLD	The low Stochastics value suggests PES.DE may be oversold.
Average True Range in percent/ATR (20)	1.68	LOW VOLATILITY	The low ATR as a percentage value for PES.DE suggests low volalility.
Average Directional Index/ADX (14)	17.33	NEGATIVE	The low ADX value for PES.DE suggests a weak or negative trend.