PARKWAY INC (PKY) Stock Technical Analysis
NYSE:PKY - New York Stock Exchange, Inc. -
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.
77% of all other stocks performed better in the past year than PKY.
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 trading in the upper part of its 52 week range, so PKY is lagging the market slightly.
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
18.43
23.20
We found 1 important support area.
- Support @18.62 from a trend line in the weekly time frame.
We can see 2 important resistance 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.
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. |
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)
19.04
-4.01 (-17.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-17.4%
1 Week-17.33%
2 Weeks-17.4%
1 Month-17.18%
3 Month-16.67%
6 Month-7.93%
12 Month2.04%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%1.25%
ATR Inc5853.68%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.93
Mansfield-1.57
10 Day High23.06
10 Day Low19.04
20 Day High23.07
20 Day Low19.04
52 Week High23.17
52 Week Low16.39
CS1 End18.62
CR1 Start20.73
Volume & EV
DER(3)-1.07%
DER(5)-0.48%
Volume2.90M
Volume Incr278.54%
Vol(5)1.15M
Vol(50)420.28K