PERFORMANT HEALTHCARE INC (PFMT) Technical Analysis
NASDAQ:PFMT • US71377E1055
Current stock price
PFMT Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to PFMT. PFMT has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- 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 PFMT has a been trading in the 2.90 - 3.73 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the performance of all stocks over the past year, PFMT turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
- PFMT is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, PFMT did better than 67% of them.
- PFMT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PFMT is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PFMT Weekly and Daily overview Charts
PFMT Setup Rating and Analysis
PFMT has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
PFMT Support and Resistance Analysis
2.63
3 important support areas can be observed.
- A support zone ranging from 3.50 to 3.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.01 from a trend line in the daily time frame.
- Support @2.66 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @3.69 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.94 to 3.97. This zone is formed by a combination of multiple trend lines in the weekly time frame.
PFMT Technical Indicator Signal Analysis
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 PFMT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PFMT is up. |
| ChartMill Relative Strength | 64.61 | NEUTRAL | PFMT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PFMT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PFMT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PFMT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.15 | NEUTRAL | The RSI value for PFMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests PFMT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.31 | OVERBOUGHT | The high Stochastics value suggests PFMT may be overbought. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for PFMT suggests some volalility. |
| Average Directional Index/ADX (14) | 26.94 | POSITIVE | The high ADX value value for PFMT suggests a strong trend. |
PFMT Chart- and CandleStick Pattern Analysis
PFMT Technicals: Chart, Performance Metrics, Trend & Indicators
3.56
-0.12 (-3.26%)
PERFORMANT HEALTHCARE INC / PFMT TA FAQ
What is the technical rating for PFMT stock?
ChartMill assigns a technical rating of 5 / 10 to PFMT.
Can you provide the trend direction for PERFORMANT HEALTHCARE INC?
The current trend direction for PERFORMANT HEALTHCARE INC (PFMT) is Bearish.
What is the RSI signal for PFMT stock?
PERFORMANT HEALTHCARE INC (PFMT) has an RSI value of 58.1468. This indicates that the stock is currently neutral.
What is the MACD signal for PERFORMANT HEALTHCARE INC (PFMT) stock?
The MACD indicator for PERFORMANT HEALTHCARE INC (PFMT) has a value of 0.0837502, indicating a bearish trend.
Can you provide the short term momentum for PERFORMANT HEALTHCARE INC?
The short term momentum for PERFORMANT HEALTHCARE INC (PFMT) is positive.