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Preferredplus Trust Series Lmg-2 (PKK) Stock Technical Analysis

NYSE:PKK - New York Stock Exchange, Inc. -

25.32  +0.01 (+0.04%)

Technical Rating and Analysis

1

Overall PKK gets a technical rating of 1 out of 10. PKK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
PKK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: PKK has an average volume of 3500 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, PKK turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
In the last month PKK has a been trading in a tight range between 25.30 and 25.58.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
Preferredplus Trust Series Lmg-2 / PKK Weekly stock chart
Preferredplus Trust Series Lmg-2 / PKK Daily stock chart
Setup Rating and Analysis

3

The technical rating of PKK is bad and it also does not present a 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.

Support and Resistance Analysis

25.06

26.87

When analyzing the support we notice one important area.

  • Support @25.31 from a trend line in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 25.34 to 25.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Strong resistance @26.60 from a horizontal line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for PKK is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for PKK is neutral.
ChartMill Relative Strength40.3NEUTRALPKK is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of PKK is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of PKK is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of PKK is below a declining SMA(200).
Relative Strength Index/RSI (14)41.04NEUTRALThe RSI value for PKK is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.01NEGATIVEThe MACD value suggests PKK has a negative trend.
Average True Range in percent/ATR (20)0.39LOW VOLATILITYThe low ATR as a percentage value for PKK suggests low volalility.
Chart- and CandleStick Pattern Analysis
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)
Preferredplus Trust Series Lmg-2 / PKK Daily stock chart

Preferredplus Trust Series Lmg-2

NYSE:PKK (3/13/2013, 1:12:09 PM)

25.32

+0.01 (+0.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.04%
1 Week-0.71%
2 Weeks-0.78%
1 Month-0.43%
3 Month-2.73%
6 Month-0.98%
12 Month-0.08%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.39%
ATR Inc20.69%
Range Today0.01
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
CRS40.3
Mansfield-1.04
10 Day High25.58
10 Day Low25.3
20 Day High25.58
20 Day Low25.3
52 Week High26.65
52 Week Low24.85
CS1 End25.31
CR1 Start25.34
Volume & EV
DER(3)-1.48%
DER(5)-0.89%
Volume800
Volume Incr219.5%
Vol(5)5.30K
Vol(50)3.50K