PARK AEROSPACE CORP (PKE) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PKE - US70014A1043 - Common Stock
We assign a technical rating of 10 out of 10 to PKE. Both in the recent history as in the last year, PKE has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, PKE did better than 91% of all other stocks. On top of that, PKE also shows a nice and consistent pattern of rising prices.
- PKE is part of the Aerospace & Defense industry. There are 73 other stocks in this industry. PKE outperforms 75% of them.
- PKE 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 PKE has a been trading in the 20.81 - 26.12 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, PKE also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
12.33
When analyzing the support we can see 5 important areas.
- Support @22.78 from a trend line in the daily time frame.
- A support zone ranging from 21.18 to 21.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.70 from a trend line in the daily time frame.
- Support @18.74 from a horizontal line in the daily time frame.
- Support @12.45 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @25.85 from a horizontal line in the daily time frame.
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 PKE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PKE is up. |
| ChartMill Relative Strength | 91.6 | POSITIVE | PKE has a high relative strength, it outperformed 91.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PKE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PKE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PKE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.03 | NEUTRAL | The RSI value for PKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests PKE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.44 | OVERBOUGHT | The high Stochastics value suggests PKE may be overbought. |
| Average True Range in percent/ATR (20) | 4.87 | MEDIUM VOLATILITY | The ATR as a percentage value for PKE suggests some volalility. |
| Average Directional Index/ADX (14) | 51.8 | POSITIVE | The high ADX value value for PKE suggests a strong trend. |
24.41
-0.87 (-3.44%)
PARK AEROSPACE CORP / PKE FAQ
What is the ChartMill technical rating of PARK AEROSPACE CORP (PKE) stock?
ChartMill assigns a technical rating of 10 / 10 to PKE.
Can you provide the trend direction for PARK AEROSPACE CORP?
The current trend direction for PARK AEROSPACE CORP (PKE) is Bullish.
What is the RSI signal for PKE stock?
PARK AEROSPACE CORP (PKE) has an RSI value of 60.0308. This indicates that the stock is currently neutral.
What is the MACD signal for PKE stock?
The MACD indicator for PARK AEROSPACE CORP (PKE) has a value of 0.0874879, indicating a bearish trend.
What is the short term momentum for PKE stock?
The short term momentum for PARK AEROSPACE CORP (PKE) is positive.