USA - NYSE:PM - US7181721090 - Common Stock
Taking everything into account, PM scores 3 out of 10 in our technical rating. PM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
PM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 166.59. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 164.72, a Stop Loss order could be placed below this zone.
141.12
We found 3 important support areas.
We can see 2 important resistance areas.
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 PM is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PM is neutral. |
ChartMill Relative Strength | 65.05 | NEUTRAL | PM is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | MIXED | The current price of PM is below the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PM is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PM is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 48.81 | NEUTRAL | The RSI value for PM is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests PM has a positive trend. |
Stochastics (14,3) | 47.57 | NEUTRAL | The Stochastics value for PM is a neutral value. |
Average True Range in percent/ATR (20) | 2.12 | MEDIUM VOLATILITY | The ATR as a percentage value for PM suggests some volalility. |
Average Directional Index/ADX (14) | 18.07 | NEGATIVE | The low ADX value for PM suggests a weak or negative trend. |
166.11
-1.79 (-1.07%)