PREFERRED BANK/LOS ANGELES (PFBC) Technical Analysis
NASDAQ:PFBC • US7403674044
Current stock price
PFBC Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to PFBC. PFBC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the performance of all stocks over the past year, PFBC turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
- PFBC is part of the Banks industry. There are 376 other stocks in this industry, PFBC did better than 50% of them.
- PFBC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PFBC is lagging the market.
- In the last month PFBC has a been trading in the 88.81 - 97.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PFBC Weekly and Daily overview Charts
PFBC Setup Rating and Analysis
PFBC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 92.71, a Stop Loss order could be placed below this zone.
More info and screens
PFBC Support and Resistance Analysis
80.54
When analyzing the support we can see 4 important areas.
- A support zone ranging from 90.01 to 92.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @87.72 from a horizontal line in the daily time frame.
- A support zone ranging from 82.72 to 86.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @81.35 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 93.84 to 94.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @102.45 from a horizontal line in the daily time frame.
PFBC 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 | UP | POSITIVE | The long term trend for PFBC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PFBC is neutral. |
| ChartMill Relative Strength | 66.19 | NEUTRAL | PFBC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PFBC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PFBC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PFBC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.94 | NEUTRAL | The RSI value for PFBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests PFBC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.17 | NEUTRAL | The Stochastics value for PFBC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for PFBC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.15 | NEUTRAL | The ADX value for PFBC suggests a possible start of a new trend. |
PFBC Chart- and CandleStick Pattern Analysis
PFBC Example Setup
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 |
|---|---|---|---|
| 94.59 | 91.73 | 2.86 (3.02%) | 25.00% |
| An entry @94.59. This is a Buy Stop order right above the resistance zone. | An exit @91.73. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.86 points, which is 3.02%. | For a 0.76% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PFBC. 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.
PFBC Technicals: Chart, Performance Metrics, Trend & Indicators
93.61
-0.43 (-0.46%)
PREFERRED BANK/LOS ANGELES / PFBC TA FAQ
Can you provide the ChartMill technical rating for PREFERRED BANK/LOS ANGELES?
ChartMill assigns a technical rating of 6 / 10 to PFBC.
What is the trend direction for PFBC stock?
The current trend direction for PREFERRED BANK/LOS ANGELES (PFBC) is Bullish.
What is the RSI signal for PREFERRED BANK/LOS ANGELES (PFBC) stock?
PREFERRED BANK/LOS ANGELES (PFBC) has an RSI value of 54.9411. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PREFERRED BANK/LOS ANGELES?
The short term momentum for PREFERRED BANK/LOS ANGELES (PFBC) is neutral.
What are the support and resistance levels for PREFERRED BANK/LOS ANGELES (PFBC) stock?
PREFERRED BANK/LOS ANGELES (PFBC) has a support level at 92.71 and a resistance level at 93.84. Check the full technical report for our detailed analysis of PFBC support and resistance levels.