PIER 1 IMPORTS INC (PIR) Technical Analysis
NYSE:PIR
Current stock price
PIR Technical Rating and Analysis
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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, PIR is a bad performer in the overall market: 100% of all stocks are doing better.
- PIR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PIR is lagging the market.
- In the last month PIR has a been trading in the 3.00 - 3.90 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
PIR Weekly and Daily overview Charts
PIR Setup Rating and Analysis
Although the technical rating is bad, PIR does present a nice setup opportunity. 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
PIR Support and Resistance Analysis
3.52
When analyzing the resistance we notice 5 important 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.
PIR Technical Indicator Signal Analysis
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. |
PIR Chart- and CandleStick Pattern Analysis
PIR Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:PIR (2/14/2020, 8:04:07 PM)
3.56
-0.22 (-5.82%)
PIER 1 IMPORTS INC / PIR TA FAQ
Can you provide the ChartMill technical rating for PIER 1 IMPORTS INC?
ChartMill assigns a technical rating of 0 / 10 to PIR.
What is the trend direction for PIR stock?
The current trend direction for PIER 1 IMPORTS INC (PIR) is Bearish.
What is the RSI signal for PIER 1 IMPORTS INC (PIR) stock?
PIER 1 IMPORTS INC (PIR) has an RSI value of 40.8526. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PIER 1 IMPORTS INC?
The short term momentum for PIER 1 IMPORTS INC (PIR) is negative.
What is the buy/sell signal for PIER 1 IMPORTS INC (PIR) stock?
The buy/sell signal for PIER 1 IMPORTS INC (PIR) is sell as both the short term and long term trends are negative.