PEAKSTONE REALTY TRUST (PKST) Stock Technical Analysis
NYSE:PKST - New York Stock Exchange, Inc. - US39818P7996 - REIT - Currency: USD
We assign a technical rating of 8 out of 10 to PKST. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PKST is only an average performer.
Besides having an excellent technical rating, PKST also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.99, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PKST in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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10.11
When analyzing the support we can see 4 important areas.
- A support zone ranging from 13.59 to 13.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.99 to 13.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.90 from a trend line in the daily time frame.
- Support @10.21 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 14.05 to 14.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.46 from a horizontal line in the daily 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 PKST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PKST is up. |
| ChartMill Relative Strength | 72.6 | POSITIVE | PKST has a high relative strength, it outperformed 72.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PKST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PKST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PKST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.58 | NEUTRAL | The RSI value for PKST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PKST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.99 | NEUTRAL | The Stochastics value for PKST is a neutral value. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for PKST suggests some volalility. |
| Average Directional Index/ADX (14) | 41.85 | POSITIVE | The high ADX value value for PKST suggests a strong trend. |
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 |
|---|---|---|---|
| 14.15 | 13.58 | 0.57 (4.03%) | 24.82% |
| An entry @14.15. This is a Buy Stop order right above the resistance zone. | An exit @13.58. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.57 points, which is 4.03%. | For a 1.00% total portfolio risk, you can invest 24.82% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PKST. Please evaluate whether better entry and exit points can be found.
- 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.
14.04
+0.25 (+1.81%)