PROVIDENT FINANCIAL SERVICES (PFS) Stock Technical Analysis
NYSE:PFS • US74386T1051
Overall PFS gets a technical rating of 5 out of 10. PFS has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month PFS has a been trading in the 20.86 - 23.98 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- PFS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PFS is lagging the market slightly.
- When compared to the yearly performance of all other stocks, PFS outperforms 69% of them, which is more or less in line with the market.
- PFS is part of the Banks industry. There are 379 other stocks in this industry, PFS did better than 65% of them.
PFS has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
15.94
4 important support areas can be observed.
- Support @19.73 from a horizontal line in the daily time frame.
- Support @18.94 from a trend line in the daily time frame.
- A support zone ranging from 18.19 to 18.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.10 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.79 to 23.79. 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 PFS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PFS is neutral. |
| ChartMill Relative Strength | 69.78 | NEUTRAL | PFS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PFS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PFS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PFS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.78 | NEUTRAL | The RSI value for PFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests PFS has a negative trend. |
| Stochastics (14,3) | 16.18 | OVERSOLD | The low Stochastics value suggests PFS may be oversold. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for PFS suggests some volalility. |
| Average Directional Index/ADX (14) | 24.3 | NEUTRAL | The ADX value for PFS suggests a possible start of a new trend. |
21.04
-1.11 (-5.01%)
PROVIDENT FINANCIAL SERVICES / PFS FAQ
What is the ChartMill technical rating of PROVIDENT FINANCIAL SERVICES (PFS) stock?
ChartMill assigns a technical rating of 5 / 10 to PFS.
What is the current trend direction of PROVIDENT FINANCIAL SERVICES (PFS) stock?
The current trend direction for PROVIDENT FINANCIAL SERVICES (PFS) is Bullish.
What is the RSI signal for PROVIDENT FINANCIAL SERVICES (PFS) stock?
PROVIDENT FINANCIAL SERVICES (PFS) has an RSI value of 36.7802. This indicates that the stock is currently neutral.
What is the MACD signal for PFS stock?
The MACD indicator for PROVIDENT FINANCIAL SERVICES (PFS) has a value of -0.297695, indicating a bearish trend.
What is the short term momentum for PFS stock?
The short term momentum for PROVIDENT FINANCIAL SERVICES (PFS) is neutral.