PARK AEROSPACE CORP (PKE) Technical Analysis
NYSE:PKE • US70014A1043
Current stock price
PKE Technical Rating and Analysis
Taking everything into account, PKE scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PKE is showing a nice and steady performance.
- 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 94% of all other stocks. We also observe that the gains produced by PKE over the past year are nicely spread over this period.
- PKE is part of the Aerospace & Defense industry. There are 78 other stocks in this industry. PKE outperforms 75% of them.
- PKE is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PKE is performing more or less in line with the market.
- In the last month PKE has a been trading in the 24.64 - 29.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PKE Weekly and Daily overview Charts
PKE Setup Rating and Analysis
PKE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 27.37, a Stop Loss order could be placed below this zone.
More info and screens
PKE Support and Resistance Analysis
12.33
We found 5 important support areas.
- A support zone ranging from 25.51 to 25.85. 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 23.68 to 23.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.26 from a trend line in the weekly 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.
- A resistance zone ranging from 27.28 to 27.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
PKE Technical Indicator Signal Analysis
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 | 94.68 | POSITIVE | PKE has a high relative strength, it outperformed 94.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PKE is below 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) | 57.57 | NEUTRAL | The RSI value for PKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests PKE has a negative trend. |
| Stochastics (14,3) | 54.11 | NEUTRAL | The Stochastics value for PKE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.43 | HIGH VOLATILITY | The high ATR as a percentage value for PKE suggests high volalility. |
| Average Directional Index/ADX (14) | 32.42 | POSITIVE | The high ADX value value for PKE suggests a strong trend. |
PKE Chart- and CandleStick Pattern Analysis
PKE Example Setup
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 |
|---|---|---|---|
| 27.29 | 27.27 | 0.02 (0.07%) | 25.00% |
| An entry @27.29. This is a Buy Stop order right above the 10 day moving average. | An exit @27.27. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.02 points, which is 0.07%. | For a 0.02% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PKE. Please evaluate whether better entry and exit points can be found.
- 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.
PKE Technicals: Chart, Performance Metrics, Trend & Indicators
26.38
-1.24 (-4.49%)
PARK AEROSPACE CORP / PKE TA 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 57.5696. 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 -0.094354, indicating a bearish trend.
What is the short term momentum for PKE stock?
The short term momentum for PARK AEROSPACE CORP (PKE) is positive.