PREFERRED PLUS TRUST (PJS) Stock Technical Analysis
NYSE:PJS - New York Stock Exchange, Inc. - US7404346592
We assign a technical rating of 0 out of 10 to PJS. PJS 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, PJS is a bad performer in the overall market: 71% of all stocks are doing better.
PJS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month PJS has a been trading in the 25.06 - 27.24 range, which is quite wide. It is currently trading near the lows of this range.
Warning: PJS has an average volume of 1220 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of PJS is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
24.80
28.07
When analyzing the support we notice one important area.
- A support zone ranging from 25.05 to 25.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 25.11 to 25.18. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 25.70 to 27.79. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for PJS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PJS is down. |
| ChartMill Relative Strength | 29.71 | NEGATIVE | PJS has a low relative strength, it was outperformed by 70.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PJS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PJS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PJS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.74 | OVERSOLD | The low RSI value suggests PJS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests PJS has a negative trend. |
| Stochastics (14,3) | 5.76 | OVERSOLD | The low Stochastics value suggests PJS may be oversold. |
| Average True Range in percent/ATR (20) | 0.9 | LOW VOLATILITY | The low ATR as a percentage value for PJS suggests low volalility. |
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)
NYSE:PJS (9/28/2016, 8:29:23 PM)
25.06
-0.86 (-3.32%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.32%
1 Week-3.06%
2 Weeks-2.91%
1 Month-6.91%
3 Month-3.62%
6 Month-6.49%
12 Month-4.71%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%0.9%
ATR Inc130.65%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.71
Mansfield-0.94
10 Day High25.94
10 Day Low25.06
20 Day High27.24
20 Day Low25.06
52 Week High28.68
52 Week Low24.96
CS1 End25.05
CR1 Start25.11
Volume & EV
DER(3)0%
DER(5)0%
Volume300
Volume Incr22.45%
Vol(5)900
Vol(50)1.22K