P & F INDUSTRIES -CL A (PFIN) Stock Technical Analysis
USA - NASDAQ:PFIN - US6928305084 - Common Stock
We assign a technical rating of 10 out of 10 to PFIN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PFIN is showing a nice and steady performance.
Although PFIN has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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6.77
When analyzing the support we can see 3 important areas.
- A support zone ranging from 12.88 to 12.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.34 to 7.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.84 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.01 to 13.01. 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 PFIN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PFIN is up. |
| ChartMill Relative Strength | 98.22 | POSITIVE | PFIN has a high relative strength, it outperformed 98.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PFIN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PFIN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PFIN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 84.18 | OVERBOUGHT | The high RSI value suggests PFIN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests PFIN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 92.04 | OVERBOUGHT | The high Stochastics value suggests PFIN may be overbought. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for PFIN suggests low volalility. |
| Average Directional Index/ADX (14) | 69.05 | POSITIVE | The high ADX value value for PFIN suggests a strong trend. |
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 |
|---|---|---|---|
| 13.02 | 12.90 | 0.12 (0.92%) | 25.00% |
| An entry @13.02. This is a Buy Stop order right above the resistance zone. | An exit @12.90. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.12 points, which is 0.92%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.23%. |
- 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.
NASDAQ:PFIN (12/20/2023, 8:00:01 PM)
12.995
0 (0%)
P & F INDUSTRIES -CL A / PFIN FAQ
What is the ChartMill technical rating of P & F INDUSTRIES -CL A (PFIN) stock?
ChartMill assigns a technical rating of 9 / 10 to PFIN.
Can you provide the trend direction for P & F INDUSTRIES -CL A?
The current trend direction for P & F INDUSTRIES -CL A (PFIN) is Bullish.
Can you provide the RSI signal for P & F INDUSTRIES -CL A?
P & F INDUSTRIES -CL A (PFIN) has an RSI value of 84.1767. This indicates that the stock is currently overbought.
Can you provide the MACD signal for P & F INDUSTRIES -CL A?
The MACD indicator for P & F INDUSTRIES -CL A (PFIN) has a value of -0.0629606, indicating a bearish trend.
What is the support and resistance level for PFIN stock?
P & F INDUSTRIES -CL A (PFIN) has a support level at 12.96 and a resistance level at 13.01. Check the full technical report for our detailed analysis of PFIN support and resistance levels.