PETMED EXPRESS INC (PETS) Stock Technical Analysis
NASDAQ:PETS - US7163821066 - Common Stock
3.04 USD
+0.01 (+0.33%)
3.0001 USD
-0.04 (-1.31%)
Taking everything into account, PETS scores 0 out of 10 in our technical rating. PETS 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, PETS is a bad performer in the overall market: 88% of all stocks are doing better.
PETS is one of the lesser performing stocks in the Specialty Retail industry. 75% of 123 stocks in the same industry do better.
PETS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
PETS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Considerably lower volume is observed in the last couple of days.
PETS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.15. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for PETS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.92
4.29
When analyzing the support we can see 2 important areas.
- Support @3.01 from a horizontal line in the daily time frame.
- A support zone ranging from 2.95 to 2.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 3.15 to 3.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.38 from a trend line in the weekly time frame.
- Resistance @3.49 from a trend line in the daily time frame.
- A resistance zone ranging from 3.60 to 3.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.25 from a horizontal line 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 | DOWN | NEGATIVE | The long term trend for PETS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PETS is down. |
| ChartMill Relative Strength | 12.67 | NEGATIVE | PETS has a low relative strength, it was outperformed by 87.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PETS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PETS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PETS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.27 | NEUTRAL | The RSI value for PETS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PETS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 31.08 | NEUTRAL | The Stochastics value for PETS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for PETS suggests some volalility. |
| Average Directional Index/ADX (14) | 21.32 | NEUTRAL | The ADX value for PETS suggests a possible start of a new 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)
3.04
+0.01 (+0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg0.33%
1 Week-3.8%
2 Weeks-2.56%
1 Month-5.59%
3 Month-23.23%
6 Month-27.45%
12 Month-7.6%
2 Year-70.34%
3 Year-84.43%
5 Year-90.39%
10 Year-81.12%
15 Year-82.63%
Volatility
ATR(14)0.11
ATR(20)%4.47%
ATR Inc-71.2%
Range Today0.06
ADR(20)0.13
ADR(20)%4.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.67
Mansfield-3.11
10 Day High3.26
10 Day Low2.98
20 Day High3.31
20 Day Low2.81
52 Week High6.85
52 Week Low2.81
CS1 End3.01
CR1 Start3.15
Volume & EV
DER(3)3.13%
DER(5)-0.49%
Volume72.80K
Volume Incr-48.61%
Vol(5)67.28K
Vol(50)139.50K