PJT PARTNERS INC - A (PJT) Stock Technical Analysis
NYSE:PJT - US69343T1079 - Common Stock
180.73 USD
+5.43 (+3.1%)
180.75 USD
+0.02 (+0.01%)
Taking everything into account, PJT scores 9 out of 10 in our technical rating. In the last year, PJT was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that PJT is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, PJT also shows a nice and consistent pattern of rising prices.
PJT is one of the better performing stocks in the Capital Markets industry, it outperforms 86% of 237 stocks in the same industry.
PJT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PJT is lagging the market slightly.
In the last month PJT has a been trading in the 172.00 - 186.44 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
PJT has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 184.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 176.55, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
131.45
188.26
When analyzing the support we can see 3 important areas.
- A support zone ranging from 174.09 to 176.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @140.66 from a trend line in the weekly time frame.
- Support @132.78 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 184.11 to 186.40. 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 PJT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PJT is neutral. |
| ChartMill Relative Strength | 87.77 | POSITIVE | PJT has a high relative strength, it outperformed 87.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PJT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PJT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PJT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.45 | NEUTRAL | The RSI value for PJT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.91 | NEGATIVE | The MACD value suggests PJT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.75 | NEUTRAL | The Stochastics value for PJT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for PJT suggests some volalility. |
| Average Directional Index/ADX (14) | 19.95 | NEGATIVE | The low ADX value for PJT suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 186.41 | 174.08 | 12.33 (6.61%) | 15.12% |
| An entry @186.41. This is a Buy Stop order right above the resistance zone. | An exit @174.08. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 12.33 points, which is 6.61%. | When investing 15.12% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
180.73
+5.43 (+3.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg3.1%
1 Week0.52%
2 Weeks2.36%
1 Month-1.83%
3 Month23.7%
6 Month10.88%
12 Month43.84%
2 Year128.8%
3 Year161.1%
5 Year205.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.44
ATR(20)%2.62%
ATR Inc-5.83%
Range Today6.04
ADR(20)4.63
ADR(20)%2.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.77
Mansfield0.76
10 Day High186.44
10 Day Low172
20 Day High186.44
20 Day Low172
52 Week High190.28
52 Week Low116.07
CS1 End176.55
CR1 Start184.11
Volume & EV
DER(3)1.6%
DER(5)-0.37%
Volume279.90K
Volume Incr-33.61%
Vol(5)169.18K
Vol(50)245.88K