PREFERRED BANK/LOS ANGELES (PFBC) Stock Technical Analysis
NASDAQ:PFBC • US7403674044
We assign a technical rating of 1 out of 10 to PFBC. PFBC'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.
- When comparing the yearly performance of all stocks, PFBC is a bad performer in the overall market: 62% of all stocks are doing better.
- PFBC is one of the lesser performing stocks in the Banks industry. 82% of 381 stocks in the same industry do better.
- In the last month PFBC has a been trading in the 81.50 - 99.83 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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.
Although the technical rating is bad, PFBC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 93.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 90.43, a Stop Loss order could be placed below this zone.
More info and screens
78.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 89.25 to 90.43. 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 82.72 to 84.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @79.23 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 93.84 to 94.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @96.48 from a trend line in the daily time frame.
- Resistance @102.45 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 | 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 | 38.79 | NEUTRAL | PFBC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PFBC is above a declining 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 | POSITIVE | The current price of PFBC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.21 | NEUTRAL | The RSI value for PFBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.58 | POSITIVE | The MACD value suggests PFBC has a positive trend. |
| Stochastics (14,3) | 74.31 | NEUTRAL | The Stochastics value for PFBC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.68 | MEDIUM VOLATILITY | The ATR as a percentage value for PFBC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.11 | NEGATIVE | The low ADX value for PFBC suggests a weak or negative trend. |
90.91
+1.25 (+1.39%)
PREFERRED BANK/LOS ANGELES / PFBC FAQ
Can you provide the ChartMill technical rating for PREFERRED BANK/LOS ANGELES?
ChartMill assigns a technical rating of 1 / 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 50.2067. 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.