PREFERRED BANK/LOS ANGELES (PFBC) Stock Technical Analysis
NASDAQ:PFBC - Nasdaq - US7403674044 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to PFBC. In the past year, PFBC was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month PFBC has a been trading in the 79.60 - 87.91 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, PFBC outperforms 68% of them, which is more or less in line with the market.
PFBC is an average performer in the Banks industry, it outperforms 43% of 395 stocks in the same industry.
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 only medium, PFBC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 85.08, a Stop Loss order could be placed below this zone.
More info and screens
74.56
87.41
We found 3 important support areas.
- A support zone ranging from 83.39 to 85.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 78.73 to 80.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 75.31 to 76.00. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for PFBC is up. |
| ChartMill Relative Strength | 68.8 | 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) | 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) | 59.47 | NEUTRAL | The RSI value for PFBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests PFBC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.14 | OVERBOUGHT | The high Stochastics value suggests PFBC may be overbought. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for PFBC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.46 | 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)
86.545
+0.17 (+0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.2%
1 Week1.47%
2 Weeks5.87%
1 Month3.51%
3 Month13.86%
6 Month0.33%
12 Month18.55%
2 Year57.38%
3 Year27.23%
5 Year101.97%
10 Year188%
15 Year4040.91%
Volatility
ATR(14)2.21
ATR(20)%2.29%
ATR Inc-26.6%
Range Today1.32
ADR(20)1.88
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.8
Mansfield-0.44
10 Day High87.91
10 Day Low79.6
20 Day High87.91
20 Day Low79.6
52 Week High99.78
52 Week Low71.9
CS1 End85.08
CR1 StartN/A
Volume & EV
DER(3)-0.13%
DER(5)0.57%
Volume107.20K
Volume Incr50.92%
Vol(5)127.00K
Vol(50)107.18K