Logo image of PFPT

Proofpoint Inc (PFPT) Stock Technical Analysis

NASDAQ:PFPT - Nasdaq -

175.9  -0.04 (-0.02%)

After market: 175.91 +0.01 (+0.01%)

Technical Rating and Analysis

8

Taking everything into account, PFPT scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, PFPT has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that PFPT is one of the better performing stocks in the market, outperforming 78% of all stocks.
A new 52 week high is currently being made by PFPT, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
PFPT is an average performer in the Software industry, it outperforms 63% of 282 stocks in the same industry.
In the last month PFPT has a been trading in a tight range between 173.59 and 175.99.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
Proofpoint Inc / PFPT Weekly stock chart
Proofpoint Inc / PFPT Daily stock chart
Setup Rating and Analysis

5

PFPT has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

94.68

177.71

4 important support areas can be observed.

  • A support zone ranging from 170.80 to 175.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @152.77 from a trend line in the weekly time frame.
  • Support @145.64 from a trend line in the daily time frame.
  • Support @95.64 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 175.95 to 175.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for PFPT is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for PFPT is up.
ChartMill Relative Strength78.44POSITIVEPFPT has a high relative strength, it outperformed 78.44% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of PFPT is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of PFPT is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of PFPT is above the rising SMA(200).
Relative Strength Index/RSI (14)69.14NEUTRALThe RSI value for PFPT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.07POSITIVEThe MACD value suggests PFPT has a positive trend.
Stochastics (14,3)95.77OVERBOUGHTThe high Stochastics value suggests PFPT may be overbought.
Average True Range in percent/ATR (20)0.27LOW VOLATILITYThe low ATR as a percentage value for PFPT suggests low volalility.
Chart- and CandleStick Pattern Analysis
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)
Proofpoint Inc / PFPT Daily stock chart

Proofpoint Inc

NASDAQ:PFPT (8/30/2021, 8:56:08 PM)

After market: 175.91 +0.01 (+0.01%)

175.9

-0.04 (-0.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.02%
1 Week0.36%
2 Weeks0.65%
1 Month0.62%
3 Month1.12%
6 Month47.73%
12 Month63.61%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%0.27%
ATR Inc-69.06%
Range Today0.2
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.44
Mansfield1.05
10 Day High175.99
10 Day Low174.55
20 Day High175.99
20 Day Low173.59
52 Week High175.99
52 Week Low91.6
CS1 End175.29
CR1 Start175.95
Volume & EV
DER(3)-4.08%
DER(5)-1.17%
Volume5.51M
Volume Incr237.31%
Vol(5)1.94M
Vol(50)830.93K