PIVOTAL INVESTMENT CORPIII-A (PICC)

US72582M1062 - Common Stock

9.9497  +0.01 (+0.1%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to PICC. PICC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, PICC outperforms 65% of them, which is more or less in line with the market.
PICC 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 PICC is lagging the market slightly.
In the last month PICC has a been trading in a tight range between 9.75 and 10.10.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
PICC Weekly chart
PICC Daily chart
Setup Rating and Analysis

8

PICC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 9.96. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.92, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

9.52

10.26

When analyzing the support we notice one important area.

  • A support zone ranging from 9.62 to 9.92. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 9.96 to 10.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.4
Mansfield-0.26
10 Day High10.01
10 Day Low9.85
20 Day High10.1
20 Day Low9.75
52 Week High10.17
52 Week Low9.6
Performance
1 Week-0.3%
2 Weeks0%
1 Month-1.44%
3 Month0.1%
6 Month1.01%
12 Month2.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)47.94
LBB9.88
UBB10.03
PICC Daily chart

PIVOTAL INVESTMENT CORPIII-A

NYSE:PICC (2/7/2023, 7:04:01 PM)

9.9497

+0.01 (+0.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.1%
1 Week-0.3%
2 Weeks0%
1 Month-1.44%
3 Month0.1%
6 Month1.01%
12 Month2.57%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%0.76%
ATR Inc
Range Today0
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High10.01
10 Day Low9.85
20 Day High10.1
20 Day Low9.75
52 Week High10.17
52 Week Low9.6
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.80K
Volume Incr-93.32%
Vol(5)3.68K
Vol(50)116.59K