PREFERRED BANK/LOS ANGELES (PFBC) Technical Analysis
NASDAQ:PFBC • US7403674044
Current stock price
PFBC Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to PFBC. PFBC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- PFBC is one of the lesser performing stocks in the Banks industry. 77% of 380 stocks in the same industry do better.
- In the last month PFBC has a been trading in the 85.52 - 90.89 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, PFBC outperforms 41% of them, which is more or less in line with the market.
- PFBC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PFBC is lagging the market slightly.
PFBC Weekly and Daily overview Charts
PFBC Setup Rating and Analysis
PFBC has a bad technical rating, but it does show a decent setup pattern. 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 89.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 89.06, a Stop Loss order could be placed below this zone.
More info and screens
PFBC Support and Resistance Analysis
75.25
5 important support areas can be observed.
- A support zone ranging from 87.72 to 89.06. 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 84.57 to 85.37. 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.
- Support @79.67 from a trend line in the weekly time frame.
- Support @76.01 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 89.61 to 90.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @93.84 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for PFBC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PFBC is neutral. |
| ChartMill Relative Strength | 41.23 | 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) | DOWN | NEGATIVE | The current price of PFBC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PFBC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.77 | NEUTRAL | The RSI value for PFBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests PFBC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.6 | NEUTRAL | The Stochastics value for PFBC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for PFBC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.51 | NEGATIVE | The low ADX value for PFBC suggests a weak or negative trend. |
PFBC Chart- and CandleStick Pattern Analysis
PFBC Technicals: Chart, Performance Metrics, Trend & Indicators
89.37
-0.5 (-0.56%)
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 3 / 10 to PFBC.
What is the trend direction for PFBC stock?
The current trend direction for PREFERRED BANK/LOS ANGELES (PFBC) is Bearish.
What is the RSI signal for PFBC stock?
PREFERRED BANK/LOS ANGELES (PFBC) has an RSI value of 49.767. This indicates that the stock is currently neutral.
What is the short term momentum for PREFERRED BANK/LOS ANGELES (PFBC) stock?
The short term momentum for PREFERRED BANK/LOS ANGELES (PFBC) is neutral.