PERFORMANCE FOOD GROUP CO (PFGC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PFGC - US71377A1034 - Common Stock
We assign a technical rating of 0 out of 10 to PFGC. PFGC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, PFGC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 91.50, a Stop Loss order could be placed below this zone.
More info and screens
81.51
We found 2 important support areas.
- A support zone ranging from 91.50 to 91.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @82.33 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 92.53 to 94.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 96.10 to 97.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @98.73 from a horizontal line in the daily time frame.
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 PFGC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PFGC is down. |
| ChartMill Relative Strength | 33.42 | NEUTRAL | PFGC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PFGC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PFGC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PFGC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.54 | NEUTRAL | The RSI value for PFGC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PFGC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.63 | NEUTRAL | The Stochastics value for PFGC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for PFGC suggests some volalility. |
| Average Directional Index/ADX (14) | 25.83 | POSITIVE | The high ADX value value for PFGC suggests a strong trend. |
91.66
+0.04 (+0.04%)
PERFORMANCE FOOD GROUP CO / PFGC FAQ
What is the technical rating for PFGC stock?
ChartMill assigns a technical rating of 0 / 10 to PFGC.
What is the current trend direction of PERFORMANCE FOOD GROUP CO (PFGC) stock?
The current trend direction for PERFORMANCE FOOD GROUP CO (PFGC) is Bearish.
What is the RSI signal for PFGC stock?
PERFORMANCE FOOD GROUP CO (PFGC) has an RSI value of 39.539. This indicates that the stock is currently neutral.
What is the MACD signal for PERFORMANCE FOOD GROUP CO (PFGC) stock?
The MACD indicator for PERFORMANCE FOOD GROUP CO (PFGC) has a value of 0.0162072, indicating a bearish trend.
What is the short term momentum for PFGC stock?
The short term momentum for PERFORMANCE FOOD GROUP CO (PFGC) is negative.