Taking everything into account, PETS scores 0 out of 10 in our technical rating. PETS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of PETS 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.
More info and screens
1.75
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 1.77 to 1.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.34 from a trend line in the weekly time frame.
- Resistance @2.61 from a trend line in the weekly time frame.
- Resistance @2.76 from a trend line in the daily time frame.
- Resistance @2.85 from a trend line in the daily time frame.
- Resistance @2.90 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 | 4.06 | NEGATIVE | PETS has a low relative strength, it was outperformed by 95.94% 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) | 35.65 | NEUTRAL | The RSI value for PETS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests PETS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.77 | OVERSOLD | The low Stochastics value suggests PETS may be oversold. |
| Average True Range in percent/ATR (20) | 9.61 | HIGH VOLATILITY | The high ATR as a percentage value for PETS suggests high volalility. |
| Average Directional Index/ADX (14) | 29.3 | POSITIVE | The high ADX value value for PETS suggests a strong trend. |
1.77
+0.14 (+8.59%)
PETMED EXPRESS INC / PETS FAQ
What is the ChartMill technical rating of PETMED EXPRESS INC (PETS) stock?
ChartMill assigns a technical rating of 0 / 10 to PETS.
What is the current trend direction of PETMED EXPRESS INC (PETS) stock?
The current trend direction for PETMED EXPRESS INC (PETS) is Bearish.
What is the RSI signal for PETS stock?
PETMED EXPRESS INC (PETS) has an RSI value of 35.6483. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PETMED EXPRESS INC?
The short term momentum for PETMED EXPRESS INC (PETS) is negative.
What is the buy/sell signal for PETS stock?
The buy/sell signal for PETMED EXPRESS INC (PETS) is sell as both the short term and long term trends are negative.