PARK AEROSPACE CORP (PKE) Stock Technical Analysis
NYSE:PKE - New York Stock Exchange, Inc. - US70014A1043 - Common Stock - Currency: USD
Overall PKE gets a technical rating of 9 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!
Looking at the yearly performance, PKE did better than 86% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
PKE is an average performer in the Aerospace & Defense industry, it outperforms 51% of 67 stocks in the same industry.
PKE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PKE is lagging the market.
In the last month PKE has a been trading in the 14.08 - 20.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although PKE has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
12.33
17.79
When analyzing the support we can see 4 important areas.
- A support zone ranging from 17.60 to 17.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.07 to 14.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.55 from a horizontal line in the daily time frame.
- Support @12.45 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 | 86.78 | POSITIVE | PKE has a high relative strength, it outperformed 86.78% 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) | 58.36 | NEUTRAL | The RSI value for PKE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests PKE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.2 | NEUTRAL | The Stochastics value for PKE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.63 | MEDIUM VOLATILITY | The ATR as a percentage value for PKE suggests some volalility. |
| Average Directional Index/ADX (14) | 42.45 | 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)
17.61
-0.19 (-1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-1.07%
1 Week-10.2%
2 Weeks15.17%
1 Month25.34%
3 Month32.31%
6 Month18.43%
12 Month32.31%
2 Year21.2%
3 Year44.34%
5 Year63.36%
10 Year-0.28%
15 Year-35.82%
Volatility
ATR(14)0.95
ATR(20)%4.63%
ATR Inc21.7%
Range Today0.4
ADR(20)0.81
ADR(20)%4.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.78
Mansfield1.42
10 Day High20.72
10 Day Low15.23
20 Day High20.72
20 Day Low14.08
52 Week High20.72
52 Week Low11.96
CS1 End17.6
CR1 StartN/A
Volume & EV
DER(3)-2.28%
DER(5)-2.12%
Volume197.50K
Volume Incr200.45%
Vol(5)347.02K
Vol(50)104.35K