PARK AEROSPACE CORP (PKE) Stock Technical Analysis
USA - NYSE:PKE - US70014A1043 - Common Stock
18.73 USD
-0.39 (-2.04%)
18.73 USD
0 (0%)
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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, PKE did better than 87% of all other stocks.
PKE 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 PKE is lagging the market slightly.
In the last month PKE has a been trading in the 17.25 - 19.61 range, which is quite wide. It is currently trading near the high of this range.
PKE is an average performer in the Aerospace & Defense industry, it outperforms 69% of 69 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, PKE also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
12.33
19.81
When analyzing the support we can see 5 important areas.
- A support zone ranging from 17.46 to 17.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.17 from a trend line in the daily time frame.
- Support @14.75 from a trend line in the weekly time frame.
- Support @14.47 from a trend 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 @19.61 from a horizontal line in the weekly 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 | 87.24 | POSITIVE | PKE has a high relative strength, it outperformed 87.24% 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) | 53.03 | NEUTRAL | The RSI value for PKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests PKE has a negative trend. |
| Stochastics (14,3) | 55.13 | NEUTRAL | The Stochastics value for PKE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for PKE suggests some volalility. |
| Average Directional Index/ADX (14) | 38.87 | POSITIVE | The high ADX value value for PKE 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 |
|---|---|---|---|
| 19.62 | 18.19 | 1.43 (7.29%) | 13.72% |
| An entry @19.62. This is a Buy Stop order right above the resistance zone. | An exit @18.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.43 points, which is 7.29%. | When investing 13.72% 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.
18.73
-0.39 (-2.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-2.04%
1 Week-2.24%
2 Weeks-1.16%
1 Month6.3%
3 Month33.79%
6 Month39.15%
12 Month38.23%
2 Year20.61%
3 Year69.66%
5 Year71.52%
10 Year6.48%
15 Year-28.89%
Volatility
ATR(14)0.62
ATR(20)%3.26%
ATR Inc-26.18%
Range Today0.53
ADR(20)0.61
ADR(20)%3.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.24
Mansfield1.47
10 Day High19.61
10 Day Low18.2
20 Day High19.61
20 Day Low17.25
52 Week High20.72
52 Week Low11.97
CS1 End17.48
CR1 Start19.61
Volume & EV
DER(3)-0.75%
DER(5)-0.2%
Volume75.30K
Volume Incr-36.57%
Vol(5)69.68K
Vol(50)150.24K