PENNYMAC FINANCIAL SERVICES (PFSI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PFSI - US70932M1071 - Common Stock
We assign a technical rating of 9 out of 10 to PFSI. Both in the recent history as in the last year, PFSI has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, PFSI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 134.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 129.86, a Stop Loss order could be placed below this zone.
More info and screens
92.38
We found 7 important support areas.
- A support zone ranging from 129.79 to 129.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 124.45 to 126.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @117.11 from a horizontal line in the weekly time frame.
- Support @114.57 from a horizontal line in the daily time frame.
- Support @103.01 from a horizontal line in the daily time frame.
- A support zone ranging from 96.73 to 97.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 93.31 to 93.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 134.58 to 136.07. 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 PFSI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PFSI is up. |
| ChartMill Relative Strength | 80.49 | POSITIVE | PFSI has a high relative strength, it outperformed 80.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PFSI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PFSI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PFSI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.77 | NEUTRAL | The RSI value for PFSI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests PFSI has a negative trend. |
| Stochastics (14,3) | 51.39 | NEUTRAL | The Stochastics value for PFSI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for PFSI suggests some volalility. |
| Average Directional Index/ADX (14) | 15.56 | NEGATIVE | The low ADX value for PFSI suggests a weak or negative 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 |
|---|---|---|---|
| 131.42 | 129.78 | 1.64 (1.24%) | 25.00% |
| An entry @131.42. This is a Buy Stop order right above the 10 day moving average. | An exit @129.78. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.64 points, which is 1.24%. | For a 0.31% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PFSI. Please evaluate whether better entry and exit points can be found.
- 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.
130.48
-1.34 (-1.02%)
PENNYMAC FINANCIAL SERVICES / PFSI FAQ
Can you provide the ChartMill technical rating for PENNYMAC FINANCIAL SERVICES?
ChartMill assigns a technical rating of 9 / 10 to PFSI.
What is the current trend direction of PENNYMAC FINANCIAL SERVICES (PFSI) stock?
The current trend direction for PENNYMAC FINANCIAL SERVICES (PFSI) is Bullish.
Can you provide the RSI signal for PENNYMAC FINANCIAL SERVICES?
PENNYMAC FINANCIAL SERVICES (PFSI) has an RSI value of 52.769. This indicates that the stock is currently neutral.
What is the short term momentum for PENNYMAC FINANCIAL SERVICES (PFSI) stock?
The short term momentum for PENNYMAC FINANCIAL SERVICES (PFSI) is positive.
Can you provide the support and resistance levels for PENNYMAC FINANCIAL SERVICES?
PENNYMAC FINANCIAL SERVICES (PFSI) has a support level at 129.86 and a resistance level at 134.58. Check the full technical report for our detailed analysis of PFSI support and resistance levels.