NYSE:PKX - US6934831099 - ADR
We assign a technical rating of 2 out of 10 to PKX. PKX performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of PKX 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.
44.62
We found 2 important support areas.
3 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The short term trend for PKX is down. |
ChartMill Relative Strength | 22.11 | NEGATIVE | PKX has a low relative strength, it was outperformed by 77.89% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PKX is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of PKX is below 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) | 39.99 | NEUTRAL | The RSI value for PKX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests PKX has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 22.28 | NEUTRAL | The Stochastics value for PKX is a neutral value. |
Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for PKX suggests some volalility. |
Average Directional Index/ADX (14) | 15.22 | NEGATIVE | The low ADX value for PKX suggests a weak or negative trend. |
51.34
-0.41 (-0.79%)