PERMA-FIX ENVIRONMENTAL SVCS (PESI) Stock Technical Analysis
NASDAQ:PESI • US7141572039
Overall PESI gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month PESI has a been trading in the 13.30 - 16.40 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.
- When comparing the yearly performance of all stocks, we notice that PESI is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, PESI also shows a nice and consistent pattern of rising prices.
- PESI is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 91% of 80 stocks in the same industry.
- PESI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PESI is lagging the market slightly.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Although PESI has an excellent technical rating, it does not offer a high 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.
More info and screens
12.12
We found 4 important support areas.
- A support zone ranging from 13.62 to 13.72. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @13.39 from a trend line in the daily time frame.
- Support @12.93 from a trend line in the weekly time frame.
- Support @12.24 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.88 to 15.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.75 to 15.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for PESI is down. |
| ChartMill Relative Strength | 88.67 | POSITIVE | PESI has a high relative strength, it outperformed 88.67% 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) | DOWN | NEGATIVE | The current price of PESI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PESI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.89 | NEUTRAL | The RSI value for PESI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests PESI has a negative trend. |
| Stochastics (14,3) | 10.1 | OVERSOLD | The low Stochastics value suggests PESI may be oversold. |
| Average True Range in percent/ATR (20) | 6.08 | HIGH VOLATILITY | The high ATR as a percentage value for PESI suggests high volalility. |
| Average Directional Index/ADX (14) | 21.78 | NEUTRAL | The ADX value for PESI suggests a possible start of a new trend. |
13.73
-0.36 (-2.56%)
PERMA-FIX ENVIRONMENTAL SVCS / PESI FAQ
What is the ChartMill technical rating of PERMA-FIX ENVIRONMENTAL SVCS (PESI) stock?
ChartMill assigns a technical rating of 7 / 10 to PESI.
What is the current trend direction of PERMA-FIX ENVIRONMENTAL SVCS (PESI) stock?
The current trend direction for PERMA-FIX ENVIRONMENTAL SVCS (PESI) is Bullish.
What is the RSI signal for PERMA-FIX ENVIRONMENTAL SVCS (PESI) stock?
PERMA-FIX ENVIRONMENTAL SVCS (PESI) has an RSI value of 39.8885. This indicates that the stock is currently neutral.
What is the short term momentum for PERMA-FIX ENVIRONMENTAL SVCS (PESI) stock?
The short term momentum for PERMA-FIX ENVIRONMENTAL SVCS (PESI) is negative.
What is the buy/sell signal for PESI stock?
The buy/sell signal for PERMA-FIX ENVIRONMENTAL SVCS (PESI) is hold as the short term and long term trends are mixed.