PARK AEROSPACE CORP (PKE) Stock Technical Analysis
NYSE:PKE • US70014A1043
Overall PKE gets a technical rating of 10 out of 10. 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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that PKE is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by PKE over the past year are nicely spread over this period.
- 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 23.28 - 26.00 range, which is quite wide. It is currently trading near the high of this range.
- PKE is part of the Aerospace & Defense industry. There are 73 other stocks in this industry, PKE did better than 63% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although PKE 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.
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12.33
When analyzing the support we can see 6 important areas.
- A support zone ranging from 24.06 to 24.47. 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 @22.27 from a trend line in the weekly time frame.
- Support @21.61 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.
We found 1 important resistance area.
- A resistance zone ranging from 25.86 to 25.86. 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 PKE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PKE is up. |
| ChartMill Relative Strength | 93.42 | POSITIVE | PKE has a high relative strength, it outperformed 93.42% 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) | 65.02 | NEUTRAL | The RSI value for PKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PKE has a positive trend. |
| Stochastics (14,3) | 76.44 | NEUTRAL | The Stochastics value for PKE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for PKE suggests some volalility. |
| Average Directional Index/ADX (14) | 33.78 | POSITIVE | The high ADX value value for PKE suggests a strong trend. |
25.85
+0.54 (+2.13%)
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 65.0245. 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 0.0178966, indicating a bearish trend.
What is the short term momentum for PKE stock?
The short term momentum for PARK AEROSPACE CORP (PKE) is positive.