PROVIDENT FINANCIAL SERVICES (PFS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PFS - US74386T1051 - Common Stock
We assign a technical rating of 6 out of 10 to PFS. 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.
PFS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
15.73
We found 3 important support areas.
- A support zone ranging from 18.19 to 18.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.77 from a horizontal line in the daily time frame.
- Support @15.89 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 20.15 to 20.46. 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 21.02 to 21.40. 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 | 61.5 | 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) | UP | POSITIVE | The current price of PFS is above the rising 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) | 49.96 | NEUTRAL | The RSI value for PFS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests PFS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.32 | NEUTRAL | The Stochastics value for PFS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for PFS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.68 | NEGATIVE | The low ADX value for PFS suggests a weak or negative trend. |
20.09
-0.29 (-1.42%)
PROVIDENT FINANCIAL SERVICES / PFS FAQ
What is the ChartMill technical rating of PROVIDENT FINANCIAL SERVICES (PFS) stock?
ChartMill assigns a technical rating of 6 / 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 49.9609. 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 -0.0896845, indicating a bearish trend.
What is the short term momentum for PFS stock?
The short term momentum for PROVIDENT FINANCIAL SERVICES (PFS) is neutral.