INVESCO BUILDING & CONSTRUCT (PKB) Stock Technical Analysis
USA - NYSEARCA:PKB - US46137V7799 - ETF
94.57 USD
-0.45 (-0.47%)
95.47 USD
+0.9 (+0.95%)
We assign a technical rating of 8 out of 10 to PKB. Although PKB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: PKB has an average volume of 29496 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
PKB is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month PKB has a been trading in the 89.75 - 95.29 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that PKB is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Besides having an excellent technical rating, PKB also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 93.18, a Stop Loss order could be placed below this zone.
More info and screens
75.67
95.97
4 important support areas can be observed.
- A support zone ranging from 92.47 to 93.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 88.25 to 89.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 81.68 to 82.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @76.43 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 94.58 to 95.02. 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 PKB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PKB is up. |
| ChartMill Relative Strength | 79.24 | POSITIVE | PKB has a high relative strength, it outperformed 79.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PKB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PKB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PKB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.59 | NEUTRAL | The RSI value for PKB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PKB has a positive trend. |
| Stochastics (14,3) | 81.05 | OVERBOUGHT | The high Stochastics value suggests PKB may be overbought. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for PKB suggests low volalility. |
| Average Directional Index/ADX (14) | 28.25 | POSITIVE | The high ADX value value for PKB suggests a strong 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 |
|---|---|---|---|
| 95.03 | 92.46 | 2.57 (2.70%) | 25.00% |
| An entry @95.03. This is a Buy Stop order right above the resistance zone. | An exit @92.46. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.57 points, which is 2.70%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.68%. |
- 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.
94.57
-0.45 (-0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.47%
1 Week1.68%
2 Weeks2.48%
1 Month5.95%
3 Month23.01%
6 Month37.68%
12 Month19.88%
2 Year87.42%
3 Year154.49%
5 Year160.96%
10 Year320.87%
15 Year689.4%
Volatility
ATR(14)1.57
ATR(20)%1.57%
ATR Inc26%
Range Today1.05
ADR(20)1.28
ADR(20)%1.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.24
Mansfield0.71
10 Day High95.29
10 Day Low90.45
20 Day High95.29
20 Day Low89.75
52 Week High95.29
52 Week Low59.89
CS1 End93.18
CR1 Start94.58
Volume & EV
DER(3)-1.03%
DER(5)1.04%
Volume16.20K
Volume Incr-19.64%
Vol(5)25.14K
Vol(50)29.50K