POSCO HOLDINGS INC -SPON ADR (PKX) Stock Technical Analysis
NYSE:PKX - New York Stock Exchange, Inc. - US6934831099 - ADR - Currency: USD
Overall PKX gets a technical rating of 7 out of 10. PKX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
PKX is part of the Metals & Mining industry. There are 155 other stocks in this industry, of which 69% are performing better than PKX.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month PKX has a been trading in the 45.56 - 58.20 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, PKX turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
PKX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PKX is lagging the market.
Although PKX 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
43.39
58.79
We found 2 important support areas.
- Support @45.41 from a horizontal line in the daily time frame.
- A support zone ranging from 43.83 to 44.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 58.21 to 58.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for PKX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PKX is up. |
| ChartMill Relative Strength | 43.24 | NEUTRAL | PKX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PKX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PKX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PKX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 75.09 | OVERBOUGHT | The high RSI value suggests PKX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.77 | POSITIVE | The MACD value suggests PKX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.68 | OVERBOUGHT | The high Stochastics value suggests PKX may be overbought. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for PKX suggests some volalility. |
| Average Directional Index/ADX (14) | 28.29 | POSITIVE | The high ADX value value for PKX 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)
58.2
+0.75 (+1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.31%
1 Week2.11%
2 Weeks16.84%
1 Month18.99%
3 Month27.55%
6 Month31.97%
12 Month-18.5%
2 Year-53.62%
3 Year24.23%
5 Year45.43%
10 Year40.17%
15 Year-44.04%
Volatility
ATR(14)1.72
ATR(20)%2.53%
ATR Inc-49.34%
Range Today0.77
ADR(20)1
ADR(20)%1.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.24
Mansfield0.15
10 Day High58.2
10 Day Low47.47
20 Day High58.2
20 Day Low45.57
52 Week High74.01
52 Week Low39.4
CS1 End45.41
CR1 Start58.21
Volume & EV
DER(3)-0.8%
DER(5)-1.34%
Volume147.80K
Volume Incr13.06%
Vol(5)196.76K
Vol(50)179.90K