PRIMECH HOLDINGS LTD (PMEC) Technical Analysis
NASDAQ:PMEC • SGXZ14489751
Current stock price
PMEC Technical Rating and Analysis
Taking everything into account, PMEC scores 1 out of 10 in our technical rating. PMEC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 85% of all other stocks performed better in the past year than PMEC.
- PMEC is one of the lesser performing stocks in the Commercial Services & Supplies industry. 65% of 82 stocks in the same industry do better.
- PMEC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PMEC is lagging the market.
- In the last month PMEC has a been trading in the 0.60 - 1.12 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
PMEC Weekly and Daily overview Charts
PMEC Setup Rating and Analysis
PMEC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.70. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for PMEC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
PMEC Support and Resistance Analysis
0.64
When analyzing the support we notice one important area.
- Support @0.65 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @0.68 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.70 to 0.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.73 from a horizontal line in the daily time frame.
PMEC 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 | DOWN | NEGATIVE | The long term trend for PMEC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PMEC is down. |
| ChartMill Relative Strength | 15.09 | NEGATIVE | PMEC has a low relative strength, it was outperformed by 84.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PMEC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PMEC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PMEC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.02 | NEUTRAL | The RSI value for PMEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PMEC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.96 | NEUTRAL | The Stochastics value for PMEC is a neutral value. |
| Average True Range in percent/ATR (20) | 13.6 | HIGH VOLATILITY | The high ATR as a percentage value for PMEC suggests high volalility. |
| Average Directional Index/ADX (14) | 27.66 | POSITIVE | The high ADX value value for PMEC suggests a strong trend. |
PMEC Chart- and CandleStick Pattern Analysis
PMEC Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:PMEC (3/20/2026, 1:38:04 PM)
0.675
-0.02 (-3.57%)
PRIMECH HOLDINGS LTD / PMEC TA FAQ
What is the technical rating for PMEC stock?
ChartMill assigns a technical rating of 1 / 10 to PMEC.
What is the trend direction for PMEC stock?
The current trend direction for PRIMECH HOLDINGS LTD (PMEC) is Bearish.
What is the RSI signal for PMEC stock?
PRIMECH HOLDINGS LTD (PMEC) has an RSI value of 44.0164. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PRIMECH HOLDINGS LTD?
The short term momentum for PRIMECH HOLDINGS LTD (PMEC) is negative.
What is the support and resistance level for PMEC stock?
PRIMECH HOLDINGS LTD (PMEC) has a support level at 0.7 and a resistance level at 0.7. Check the full technical report for our detailed analysis of PMEC support and resistance levels.