PREFERRED BANK/LOS ANGELES (PFBC) Stock Technical Analysis
NASDAQ:PFBC - Nasdaq - US7403674044 - Common Stock - Currency: USD
Taking everything into account, PFBC scores 3 out of 10 in our technical rating. 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 part of the Banks industry. There are 395 other stocks in this industry, of which 60% are performing better than PFBC.
In the last month PFBC has a been trading in the 80.17 - 87.60 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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 61% of all stocks.
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.
Considerably lower volume is observed in the last couple of days.
PFBC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 83.19, a Stop Loss order could be placed below this zone.
More info and screens
74.57
88.20
When analyzing the support we can see 3 important areas.
- A support zone ranging from 82.24 to 83.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @77.69 from a trend line in the weekly time frame.
- A support zone ranging from 75.32 to 76.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 83.62 to 87.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 61.85 | NEUTRAL | PFBC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PFBC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PFBC is above 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) | 51.35 | NEUTRAL | The RSI value for PFBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests PFBC has a negative trend. |
| Stochastics (14,3) | 39.05 | NEUTRAL | The Stochastics value for PFBC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for PFBC suggests some volalility. |
| Average Directional Index/ADX (14) | 14.51 | NEGATIVE | The low ADX value for PFBC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
83.61
-0.23 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.27%
1 Week1.35%
2 Weeks-1.97%
1 Month3.97%
3 Month-5.79%
6 Month-11.36%
12 Month11.9%
2 Year81.29%
3 Year22.04%
5 Year122.55%
10 Year203.15%
15 Year3700.45%
Volatility
ATR(14)1.87
ATR(20)%2.23%
ATR Inc38.06%
Range Today1.74
ADR(20)1.79
ADR(20)%2.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.85
Mansfield-0.3
10 Day High85.56
10 Day Low81.13
20 Day High87.6
20 Day Low80.17
52 Week High99.78
52 Week Low71.43
CS1 End83.19
CR1 Start83.62
Volume & EV
DER(3)-3.55%
DER(5)-1.26%
Volume90.60K
Volume Incr-38.92%
Vol(5)77.34K
Vol(50)119.94K