POSCO HOLDINGS INC -SPON ADR (PKX) Technical Analysis
NYSE:PKX • US6934831099
Overall PKX gets a technical rating of 4 out of 10. PKX has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- PKX is one of the lesser performing stocks in the Metals & Mining industry. 69% of 157 stocks in the same industry do better.
- In the last month PKX has a been trading in the 56.95 - 71.34 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- 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 69% of all stocks.
- PKX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PKX is lagging the market slightly.
PKX has an average technical rating and it also 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
47.60
When analyzing the support we can see 3 important areas.
- Support @55.84 from a trend line in the daily time frame.
- A support zone ranging from 51.00 to 51.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @48.08 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 57.89 to 58.07. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 60.17 to 60.19. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for PKX is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PKX is down. |
| ChartMill Relative Strength | 69.19 | NEUTRAL | PKX is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of PKX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.69 | NEUTRAL | The RSI value for PKX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.27 | NEGATIVE | The MACD value suggests PKX has a negative trend. |
| Stochastics (14,3) | 14.57 | OVERSOLD | The low Stochastics value suggests PKX may be oversold. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for PKX suggests some volalility. |
| Average Directional Index/ADX (14) | 30.93 | POSITIVE | The high ADX value value for PKX suggests a strong trend. |
PKX Technicals: Chart, Performance Metrics, Trend & Indicators
57.88
-1.62 (-2.72%)
POSCO HOLDINGS INC -SPON ADR / PKX FAQ
Can you provide the ChartMill technical rating for POSCO HOLDINGS INC -SPON ADR?
ChartMill assigns a technical rating of 4 / 10 to PKX.
What is the trend direction for PKX stock?
The current trend direction for POSCO HOLDINGS INC -SPON ADR (PKX) is Bullish.
What is the RSI signal for POSCO HOLDINGS INC -SPON ADR (PKX) stock?
POSCO HOLDINGS INC -SPON ADR (PKX) has an RSI value of 35.6932. This indicates that the stock is currently neutral.
What is the MACD signal for PKX stock?
The MACD indicator for POSCO HOLDINGS INC -SPON ADR (PKX) has a value of -1.26723, indicating a bearish trend.
Can you provide the buy/sell signal for POSCO HOLDINGS INC -SPON ADR?
The buy/sell signal for POSCO HOLDINGS INC -SPON ADR (PKX) is hold as the short term and long term trends are mixed.