PRIMECH HOLDINGS LTD (PMEC) Stock Technical Analysis
USA - NASDAQ:PMEC - SGXZ14489751 - Common Stock
Overall PMEC gets a technical rating of 2 out of 10. Although PMEC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of PMEC is bad and it also does not present a quality setup 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
0.82
When analyzing the support we can see 3 important areas.
- Support @1.21 from a horizontal line in the daily time frame.
- Support @0.89 from a trend line in the weekly time frame.
- Support @0.83 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @2.02 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 | NEUTRAL | NEUTRAL | The long term trend for PMEC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PMEC is down. |
| ChartMill Relative Strength | 88.34 | POSITIVE | PMEC has a high relative strength, it outperformed 88.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PMEC is below a declining 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) | UP | MIXED | The current price of PMEC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 28.65 | OVERSOLD | The low RSI value suggests PMEC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests PMEC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.55 | OVERSOLD | The low Stochastics value suggests PMEC may be oversold. |
| Average True Range in percent/ATR (20) | 15.88 | HIGH VOLATILITY | The high ATR as a percentage value for PMEC suggests high volalility. |
| Average Directional Index/ADX (14) | 30.1 | POSITIVE | The high ADX value value for PMEC suggests a strong trend. |
NASDAQ:PMEC (11/7/2025, 8:08:48 PM)
1.24
+0.01 (+0.81%)
PRIMECH HOLDINGS LTD / PMEC FAQ
What is the technical rating for PMEC stock?
ChartMill assigns a technical rating of 2 / 10 to PMEC.
Can you provide the trend direction for PRIMECH HOLDINGS LTD?
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 28.6483. This indicates that the stock is currently oversold.
Can you provide the MACD signal for PRIMECH HOLDINGS LTD?
The MACD indicator for PRIMECH HOLDINGS LTD (PMEC) has a value of -0.0838087, indicating a bearish trend.