We assign a technical rating of 5 out of 10 to PFBC. In the last year, PFBC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- In the last month PFBC has a been trading in the 93.50 - 103.05 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- PFBC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PFBC is lagging the market slightly.
- Looking at the yearly performance, PFBC did better than 71% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- PFBC is part of the Banks industry. There are 383 other stocks in this industry, PFBC did better than 50% of them.
PFBC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 96.52, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
78.16
5 important support areas can be observed.
- A support zone ranging from 93.84 to 96.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @89.63 from a trend line in the weekly time frame.
- Support @88.08 from a trend line in the daily time frame.
- A support zone ranging from 84.57 to 85.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @78.95 from a trend line in the weekly time frame.
We found 1 important resistance area.
- 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 | 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 | 71.28 | POSITIVE | PFBC has a high relative strength, it outperformed 71.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PFBC is below a declining 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) | 50.38 | NEUTRAL | The RSI value for PFBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests PFBC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.69 | NEUTRAL | The Stochastics value for PFBC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.25 | MEDIUM VOLATILITY | The ATR as a percentage value for PFBC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.23 | NEGATIVE | The low ADX value for PFBC suggests a weak or negative trend. |
96.74
-0.57 (-0.59%)
PREFERRED BANK/LOS ANGELES / PFBC FAQ
Can you provide the ChartMill technical rating for PREFERRED BANK/LOS ANGELES?
ChartMill assigns a technical rating of 5 / 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 PFBC stock?
PREFERRED BANK/LOS ANGELES (PFBC) has an RSI value of 50.3834. 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.