PIONEER ENERGY SVCS CORP (PES) Technical Analysis
NYSE:PES
Current stock price
PES 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.
- 100% of all other stocks performed better in the past year than PES.
- PES is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month PES has a been trading in the 0.16 - 0.30 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.
- PES has an average volume of 5034310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
PES Weekly and Daily overview Charts
PES Setup Rating and Analysis
PES has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
PES Support and Resistance Analysis
0.16
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
PES 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 is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PES is down. |
| ChartMill Relative Strength | 0.27 | NEGATIVE | PES has a low relative strength, it was outperformed by 99.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PES is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PES is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PES is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.61 | OVERSOLD | The low RSI value suggests PES may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PES has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 6.8 | OVERSOLD | The low Stochastics value suggests PES may be oversold. |
| Average True Range in percent/ATR (20) | 14.6 | HIGH VOLATILITY | The high ATR as a percentage value for PES suggests high volalility. |
PES Chart- and CandleStick Pattern Analysis
PES Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:PES (8/14/2019, 8:04:03 PM)
0.1589
-0.01 (-5.36%)
PIONEER ENERGY SVCS CORP / PES TA FAQ
What is the ChartMill technical rating of PIONEER ENERGY SVCS CORP (PES) stock?
ChartMill assigns a technical rating of 0 / 10 to PES.
Can you provide the trend direction for PIONEER ENERGY SVCS CORP?
The current trend direction for PIONEER ENERGY SVCS CORP (PES) is Bearish.
What is the RSI signal for PES stock?
PIONEER ENERGY SVCS CORP (PES) has an RSI value of 29.6107. This indicates that the stock is currently oversold.
What is the short term momentum for PES stock?
The short term momentum for PIONEER ENERGY SVCS CORP (PES) is negative.
Can you provide the support and resistance levels for PIONEER ENERGY SVCS CORP?
PIONEER ENERGY SVCS CORP (PES) has a resistance level at 0.18. Check the full technical report for our detailed analysis of PES support and resistance levels.