PREMIER FINANCIAL CORP (PFC) Stock Technical Analysis
NASDAQ:PFC - Nasdaq - US74052F1084 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to PFC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PFC is showing a nice and steady performance.
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!
Looking at the yearly performance, PFC did better than 91% of all other stocks. We also observe that the gains produced by PFC over the past year are nicely spread over this period.
PFC is part of the Banks industry. There are 396 other stocks in this industry. PFC outperforms 94% of them.
PFC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PFC is performing more or less in line with the market.
In the last month PFC has a been trading in the 26.32 - 29.64 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, PFC also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 29.16. Right above this resistance zone may be a good entry point.
More info and screens
23.62
29.69
When analyzing the support we can see 3 important areas.
- A support zone ranging from 27.67 to 28.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.98 to 25.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 23.86 to 24.20. 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 29.16 to 29.40. 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 | UP | POSITIVE | The long term trend for PFC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PFC is neutral. |
| ChartMill Relative Strength | 91.6 | POSITIVE | PFC has a high relative strength, it outperformed 91.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PFC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PFC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PFC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.13 | NEUTRAL | The RSI value for PFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests PFC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.39 | NEUTRAL | The Stochastics value for PFC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for PFC suggests some volalility. |
| Average Directional Index/ADX (14) | 25.31 | POSITIVE | The high ADX value value for PFC suggests a strong 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.49 | 27.66 | 0.83 (2.90%) | 25.00% |
| An entry @28.49. This is a Buy Stop order right above the 10 day moving average. | An exit @27.66. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.83 points, which is 2.90%. | For a 0.73% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PFC. Please evaluate whether better entry and exit points can be found.
- 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.
28.04
-0.03 (-0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.11%
1 Week-0.85%
2 Weeks-3.91%
1 Month0.18%
3 Month1.19%
6 Month11.89%
12 Month45.21%
2 Year12.97%
3 Year-8.58%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%3.09%
ATR Inc-14.77%
Range Today0.83
ADR(20)0.83
ADR(20)%2.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.6
Mansfield1.2
10 Day High29.64
10 Day Low26.32
20 Day High29.64
20 Day Low26.32
52 Week High29.64
52 Week Low18.63
CS1 End28.03
CR1 Start29.16
Volume & EV
DER(3)2.3%
DER(5)0.83%
Volume3.06M
Volume Incr278.78%
Vol(5)760.48K
Vol(50)253.76K