PERMA-FIX ENVIRONMENTAL SVCS (PESI) Stock Technical Analysis
NASDAQ:PESI - Nasdaq - US7141572039 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to PESI. In the last year, PESI was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month PESI has a been trading in the 10.59 - 12.63 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 neutral. The long term trend may just continue or reversal may be around the corner!
PESI is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 74% of 84 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that PESI is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
PESI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PESI is lagging the market.
Although the technical rating is only medium, PESI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 12.15. Right above this resistance zone may be a good entry point.
More info and screens
10.49
12.46
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.87 to 10.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 10.60 to 10.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 12.15 to 12.34. 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 PESI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PESI is neutral. |
| ChartMill Relative Strength | 72.81 | POSITIVE | PESI has a high relative strength, it outperformed 72.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PESI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PESI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PESI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.27 | NEUTRAL | The RSI value for PESI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests PESI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.68 | NEUTRAL | The Stochastics value for PESI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.58 | MEDIUM VOLATILITY | The ATR as a percentage value for PESI suggests some volalility. |
| Average Directional Index/ADX (14) | 29.82 | POSITIVE | The high ADX value value for PESI suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.40 | 10.86 | 0.54 (4.75%) | 21.04% |
| An entry @11.40. This is a Buy Stop order right above the 10 day moving average. | An exit @10.86. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.54 points, which is 4.75%. | When investing 21.04% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of PESI. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
11.18
-0.05 (-0.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-0.45%
1 Week5.37%
2 Weeks-9.33%
1 Month-1.93%
3 Month19.06%
6 Month16.82%
12 Month10.58%
2 Year-10.42%
3 Year118.36%
5 Year56.36%
10 Year183.04%
15 Year32.31%
Volatility
ATR(14)0.59
ATR(20)%4.58%
ATR Inc-3.56%
Range Today0.32
ADR(20)0.48
ADR(20)%4.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.81
Mansfield-0.39
10 Day High12.43
10 Day Low10.59
20 Day High12.63
20 Day Low10.59
52 Week High16.25
52 Week Low6.25
CS1 End10.92
CR1 Start12.15
Volume & EV
DER(3)-0.08%
DER(5)0.38%
Volume83.40K
Volume Incr-19.64%
Vol(5)119.24K
Vol(50)133.90K