PIERER MOBILITY AG (PMAG.DE) Stock Technical Analysis
FRA:PMAG - AT0000KTMI02 - Common Stock
57.8 EUR
+0.7 (+1.23%)
We assign a technical rating of 0 out of 10 to PMAG. PMAG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, PMAG is a bad performer in the overall market: 71% of all stocks are doing better.
PMAG is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Warning: PMAG has an average volume of 181 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
PMAG is an average performer in the Automobiles industry, it outperforms 53% of 31 stocks in the same industry.
In the last month PMAG has a been trading in the 53.90 - 63.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PMAG has a poor technical rating and the quality of the setup is also not perfect 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
56.22
70.45
We found 1 important support area.
- A support zone ranging from 56.79 to 57.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 59.22 to 61.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 62.41 to 64.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @69.75 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for PMAG.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PMAG.DE is down. |
| ChartMill Relative Strength | 29.6 | NEGATIVE | PMAG.DE has a low relative strength, it was outperformed by 70.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PMAG.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PMAG.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PMAG.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.64 | NEUTRAL | The RSI value for PMAG.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PMAG.DE has a positive trend. |
| Stochastics (14,3) | 32.3 | NEUTRAL | The Stochastics value for PMAG.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for PMAG.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 20.03 | NEUTRAL | The ADX value for PMAG.DE suggests a possible start of a new trend. |
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)
FRA:PMAG (10/18/2022, 7:00:00 PM)
57.8
+0.7 (+1.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg1.23%
1 Week-0.34%
2 Weeks-2.2%
1 Month-6.77%
3 Month-5.56%
6 Month-28.2%
12 Month-25.32%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.78
ATR(20)%2.87%
ATR Inc-39.26%
Range Today0.5
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
CRS29.6
Mansfield-1.14
10 Day High59.8
10 Day Low53.9
20 Day High63.6
20 Day Low53.9
52 Week High91.9
52 Week Low53.9
CS1 End57.53
CR1 Start59.22
Volume & EV
DER(3)0%
DER(5)0%
Volume71
Volume Incr-3%
Vol(5)221.6
Vol(50)181.08