PERKINELMER INC (PKI) Stock Technical Analysis
NYSE:PKI - New York Stock Exchange, Inc. - US7140461093 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to PKI. PKI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, PKI is a bad performer in the overall market: 72% of all stocks are doing better.
PKI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PKI is lagging the market.
In the last month PKI has a been trading in the 114.29 - 136.89 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
PKI is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 70% of 55 stocks in the same industry.
The technical rating of PKI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
114.09
144.89
5 important resistance areas can be observed.
- A resistance zone ranging from 127.47 to 128.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 131.13 to 132.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @134.71 from a trend line in the daily time frame.
- Resistance @140.75 from a horizontal line in the daily time frame.
- Resistance @143.46 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 | DOWN | NEGATIVE | The long term trend for PKI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PKI is down. |
| ChartMill Relative Strength | 28.03 | NEGATIVE | PKI has a low relative strength, it was outperformed by 71.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PKI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PKI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PKI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.75 | OVERSOLD | The low RSI value suggests PKI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.77 | NEGATIVE | The MACD value suggests PKI has a negative trend. |
| Stochastics (14,3) | 11.64 | OVERSOLD | The low Stochastics value suggests PKI may be oversold. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for PKI suggests some volalility. |
| Average Directional Index/ADX (14) | 28.69 | POSITIVE | The high ADX value value for PKI 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)
115.24
-1.06 (-0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-0.91%
1 Week-9.97%
2 Weeks-11.53%
1 Month-15.23%
3 Month-13.64%
6 Month-15.37%
12 Month-21.46%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.88
ATR(20)%3.31%
ATR Inc-21.06%
Range Today2.54
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.03
Mansfield-1.86
10 Day High132.54
10 Day Low114.29
20 Day High136.89
20 Day Low114.29
52 Week High170
52 Week Low113.46
CS1 EndN/A
CR1 Start127.47
Volume & EV
DER(3)2.33%
DER(5)0.78%
Volume1.63M
Volume Incr116.2%
Vol(5)1.42M
Vol(50)787.86K