PREFERRED BANK/LOS ANGELES (PFBC)

US7403674044 - Common Stock

76.45  -1.02 (-1.32%)

After market: 76.45 0 (0%)

Technical Rating and Analysis

10

Overall PFBC gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PFBC is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, PFBC did better than 89% of all other stocks. We also observe that the gains produced by PFBC over the past year are nicely spread over this period.
PFBC is one of the better performing stocks in the Banks industry, it outperforms 95% of 411 stocks in the same industry.
PFBC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PFBC is leading the market.
In the last month PFBC has a been trading in the 70.99 - 79.08 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
PFBC Weekly chart
PFBC Daily chart
Setup Rating and Analysis

7

PFBC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 74.60, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

61.09

78.24

5 important support areas can be observed.

  • A support zone ranging from 73.53 to 74.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @72.27 from a trend line in the daily time frame.
  • A support zone ranging from 70.76 to 71.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 68.13 to 69.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @61.71 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 76.61 to 77.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.98
Mansfield0.74
10 Day High79.08
10 Day Low70.99
20 Day High79.08
20 Day Low70.99
52 Week High79.08
52 Week Low42.42
Performance
1 Week2.89%
2 Weeks4.23%
1 Month-0.42%
3 Month5.11%
6 Month27.14%
12 Month59.01%
2 Year13.9%
3 Year16.65%
5 Year55.42%
10 Year256.41%
15 Year1665.59%
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)
Technical Indicators
MACD(12,26,9)0.35
RSI(14)58.48
LBB70.54
UBB78.26
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.

ENTRYEXITDISTANCECAPITAL
77.4873.523.96 (5.11%)19.57%
An entry @77.48. This is a Buy Stop order right above the resistance zone.An exit @73.52. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 3.96 points, which is 5.11%.For a 1.00% total portfolio risk, you can invest 19.57% of your capital in this trade.

  • 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 Daily chart

PREFERRED BANK/LOS ANGELES

NASDAQ:PFBC (4/26/2024, 7:09:34 PM)

After market: 76.45 0 (0%)

76.45

-1.02 (-1.32%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.32%
1 Week2.89%
2 Weeks4.23%
1 Month-0.42%
3 Month5.11%
6 Month27.14%
12 Month59.01%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.06
ATR(20)%2.47%
ATR Inc
Range Today1.6
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High79.08
10 Day Low70.99
20 Day High79.08
20 Day Low70.99
52 Week High79.08
52 Week Low42.42
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume65.70K
Volume Incr70.81%
Vol(5)115.50K
Vol(50)90.80K