PIER 1 IMPORTS INC (PIR) Stock Technical Analysis
USA - NYSE:PIR -
Taking everything into account, PIR scores 0 out of 10 in our technical rating. PIR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
PIR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for PIR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.52
We can see 5 important resistance areas.
- Resistance @3.57 from a horizontal line in the weekly time frame.
- Resistance @3.79 from a horizontal line in the daily time frame.
- Resistance @4.26 from a trend line in the daily time frame.
- Resistance @4.72 from a trend line in the weekly time frame.
- Resistance @5.54 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for PIR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PIR is down. |
| ChartMill Relative Strength | 0.8 | NEGATIVE | PIR has a low relative strength, it was outperformed by 99.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PIR is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PIR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PIR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.85 | NEUTRAL | The RSI value for PIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests PIR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70 | NEUTRAL | The Stochastics value for PIR is a neutral value. |
| Average True Range in percent/ATR (20) | 8.8 | HIGH VOLATILITY | The high ATR as a percentage value for PIR suggests high volalility. |
NYSE:PIR (2/14/2020, 8:04:07 PM)
3.56
-0.22 (-5.82%)
PIER 1 IMPORTS INC / PIR FAQ
Can you provide the ChartMill technical rating for PIER 1 IMPORTS INC?
ChartMill assigns a technical rating of 0 / 10 to PIR.
Can you provide the trend direction for PIER 1 IMPORTS INC?
The current trend direction for PIER 1 IMPORTS INC (PIR) is Bearish.
Can you provide the RSI signal for PIER 1 IMPORTS INC?
PIER 1 IMPORTS INC (PIR) has an RSI value of 40.8526. This indicates that the stock is currently neutral.
What is the MACD signal for PIER 1 IMPORTS INC (PIR) stock?
The MACD indicator for PIER 1 IMPORTS INC (PIR) has a value of 0.13661, indicating a bearish trend.
What are the support and resistance levels for PIER 1 IMPORTS INC (PIR) stock?
PIER 1 IMPORTS INC (PIR) has a resistance level at 3.57. Check the full technical report for our detailed analysis of PIR support and resistance levels.