NASDAQ:PFF - Nasdaq - US4642886877 - ETF - Currency: USD
Overall PFF gets a technical rating of 5 out of 10. In the last year, PFF was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, PFF does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 31.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 31.12, a Stop Loss order could be placed below this zone.
28.15
We found 3 important support areas.
3 important resistance areas can be observed.
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 PFF is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PFF is up. |
ChartMill Relative Strength | 35.96 | NEUTRAL | PFF is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PFF is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PFF is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PFF is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 61.14 | NEUTRAL | The RSI value for PFF is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PFF has a negative trend. |
Stochastics (14,3) | 58.62 | NEUTRAL | The Stochastics value for PFF is a neutral value. |
Average True Range in percent/ATR (20) | 0.61 | LOW VOLATILITY | The low ATR as a percentage value for PFF suggests low volalility. |
Average Directional Index/ADX (14) | 19.77 | NEGATIVE | The low ADX value for PFF suggests a weak or negative trend. |
31.18
+0.05 (+0.16%)