PRIMECH HOLDINGS LTD (PMEC) Stock Technical Analysis
NASDAQ:PMEC - Nasdaq - SGXZ14489751 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to PMEC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PMEC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that PMEC is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, PMEC also shows a nice and consistent pattern of rising prices.
PMEC is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry. PMEC outperforms 93% of them.
PMEC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month PMEC has a been trading in the 1.00 - 1.56 range, which is quite wide. It is currently trading near the high of this range.
PMEC has an excellent technical rating, but the quality of the setup is only medium 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
0.68
1.56
5 important support areas can be observed.
- Support @1.42 from a horizontal line in the daily time frame.
- A support zone ranging from 1.12 to 1.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.04 from a horizontal line in the daily time frame.
- Support @0.80 from a trend line in the weekly time frame.
- Strong support @0.69 from a horizontal line 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 | UP | POSITIVE | The long term trend for PMEC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PMEC is up. |
| ChartMill Relative Strength | 97.79 | POSITIVE | PMEC has a high relative strength, it outperformed 97.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PMEC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PMEC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PMEC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.11 | NEUTRAL | The RSI value for PMEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PMEC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.66 | OVERBOUGHT | The high Stochastics value suggests PMEC may be overbought. |
| Average True Range in percent/ATR (20) | 7.29 | HIGH VOLATILITY | The high ATR as a percentage value for PMEC suggests high volalility. |
| Average Directional Index/ADX (14) | 26.32 | POSITIVE | The high ADX value value for PMEC suggests a strong 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)
NASDAQ:PMEC (7/11/2025, 8:00:00 PM)
1.54
+0.01 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg0.65%
1 Week4.05%
2 Weeks17.56%
1 Month33.94%
3 Month79.07%
6 Month107.44%
12 Month190.51%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%7.29%
ATR Inc-63.07%
Range Today0.03
ADR(20)0.11
ADR(20)%7.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.79
Mansfield7.08
10 Day High1.56
10 Day Low1.27
20 Day High1.56
20 Day Low1
52 Week High1.56
52 Week Low0.49
CS1 End1.42
CR1 StartN/A
Volume & EV
DER(3)-2.94%
DER(5)0.33%
Volume9.40K
Volume Incr57.95%
Vol(5)82.98K
Vol(50)74.24K