PJT PARTNERS INC - A (PJT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PJT - US69343T1079 - Common Stock
Taking everything into account, PJT scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PJT is only an average performer.
- The long and short term trends are both positive. This is looking good!
- PJT is one of the better performing stocks in the Capital Markets industry, it outperforms 77% of 238 stocks in the same industry.
- PJT is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month PJT has a been trading in the 165.96 - 194.53 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, PJT did better than 71% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although PJT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
138.53
5 important support areas can be observed.
- A support zone ranging from 183.13 to 183.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 177.02 to 177.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 167.19 to 168.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @155.28 from a trend line in the weekly time frame.
- Support @139.93 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 191.24 to 191.24. 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 | UP | POSITIVE | The short term trend for PJT is up. |
| ChartMill Relative Strength | 71.2 | POSITIVE | PJT has a high relative strength, it outperformed 71.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PJT is above the rising 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) | 70.06 | OVERBOUGHT | The high RSI value suggests PJT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.37 | POSITIVE | The MACD value suggests PJT has a positive trend. |
| Stochastics (14,3) | 87.38 | OVERBOUGHT | The high Stochastics value suggests PJT may be overbought. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for PJT suggests some volalility. |
| Average Directional Index/ADX (14) | 21.45 | NEUTRAL | The ADX value for PJT suggests a possible start of a new trend. |
191.23
+3.87 (+2.07%)
PJT PARTNERS INC - A / PJT FAQ
What is the technical rating for PJT stock?
ChartMill assigns a technical rating of 8 / 10 to PJT.
What is the current trend direction of PJT PARTNERS INC - A (PJT) stock?
The current trend direction for PJT PARTNERS INC - A (PJT) is Bullish.
What is the RSI signal for PJT stock?
PJT PARTNERS INC - A (PJT) has an RSI value of 70.063. This indicates that the stock is currently overbought.
Can you provide the MACD signal for PJT PARTNERS INC - A?
The MACD indicator for PJT PARTNERS INC - A (PJT) has a value of 1.37375, indicating a bullish trend.
What is the short term momentum for PJT stock?
The short term momentum for PJT PARTNERS INC - A (PJT) is positive.