USA - NYSE:PKST - US39818P7996 - REIT
We assign a technical rating of 5 out of 10 to PKST. Although PKST is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, PKST does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 14.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.30, a Stop Loss order could be placed below this zone.
10.11
When analyzing the support we can see 4 important areas.
We found 1 important resistance area.
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 | 38.52 | NEUTRAL | PKST is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of PKST is above a declining 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) | 56.25 | NEUTRAL | The RSI value for PKST is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PKST has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 69.41 | NEUTRAL | The Stochastics value for PKST is a neutral value. |
Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for PKST suggests some volalility. |
Average Directional Index/ADX (14) | 27.97 | POSITIVE | The high ADX value value for PKST suggests a strong trend. |
13.71
+0.03 (+0.22%)