PARKWAY INC (PKY) Technical Analysis
NYSE:PKY
Current stock price
PKY Technical Rating and Analysis
Overall PKY gets a technical rating of 1 out of 10. PKY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, PKY is a bad performer in the overall market: 77% of all stocks are doing better.
- In the last month PKY has a been trading in the 19.04 - 23.07 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- PKY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PKY is lagging the market.
PKY Weekly and Daily overview Charts
PKY Setup Rating and Analysis
The technical rating of PKY is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
PKY Support and Resistance Analysis
18.43
When analyzing the support we notice one important area.
- Support @18.62 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @20.73 from a horizontal line in the daily time frame.
- A resistance zone ranging from 22.64 to 22.97. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
PKY Technical Indicator Signal Analysis
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 PKY is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PKY is neutral. |
| ChartMill Relative Strength | 23.93 | NEGATIVE | PKY has a low relative strength, it was outperformed by 76.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PKY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PKY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PKY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 3.74 | OVERSOLD | The low RSI value suggests PKY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests PKY has a negative trend. |
| Stochastics (14,3) | 51.85 | NEUTRAL | The Stochastics value for PKY is a neutral value. |
| Average True Range in percent/ATR (20) | 1.25 | LOW VOLATILITY | The low ATR as a percentage value for PKY suggests low volalility. |
PKY Chart- and CandleStick Pattern Analysis
PKY Technicals: Chart, Performance Metrics, Trend & Indicators
19.04
-4.01 (-17.4%)
PARKWAY INC / PKY TA FAQ
What is the technical rating for PKY stock?
ChartMill assigns a technical rating of 1 / 10 to PKY.
Can you provide the trend direction for PARKWAY INC?
The current trend direction for PARKWAY INC (PKY) is Bearish.
What is the RSI signal for PKY stock?
PARKWAY INC (PKY) has an RSI value of 3.74126. This indicates that the stock is currently oversold.
What is the MACD signal for PARKWAY INC (PKY) stock?
The MACD indicator for PARKWAY INC (PKY) has a value of -0.260681, indicating a bearish trend.
What is the short term momentum for PARKWAY INC (PKY) stock?
The short term momentum for PARKWAY INC (PKY) is neutral.