Principal Sustainable Momentum Index ETF (PMOM) Stock Technical Analysis
NASDAQ:PMOM - Nasdaq -
Overall PMOM gets a technical rating of 3 out of 10. PMOM 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.
In the last month PMOM has a been trading in the 27.69 - 37.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: PMOM has an average volume of 1552 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that PMOM is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
PMOM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PMOM is lagging the market.
Considerably lower volume is observed in the last couple of days.
The technical rating of PMOM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
27.40
28.19
We found 1 important support area.
- A support zone ranging from 27.68 to 27.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.70 to 27.91. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for PMOM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PMOM is neutral. |
| ChartMill Relative Strength | 70.64 | POSITIVE | PMOM has a high relative strength, it outperformed 70.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PMOM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PMOM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PMOM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.34 | NEUTRAL | The RSI value for PMOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests PMOM has a negative trend. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for PMOM is a neutral value. |
| Average True Range in percent/ATR (20) | 6.17 | HIGH VOLATILITY | The high ATR as a percentage value for PMOM suggests high volalility. |
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)
Principal Sustainable Momentum Index ETF
NASDAQ:PMOM (8/14/2020, 8:00:01 PM)
27.69
-4.91 (-15.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-15.06%
1 Week-6.24%
2 Weeks-0.97%
1 Month-13.05%
3 Month27.67%
6 Month-2.05%
12 Month0.22%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.43
ATR(20)%6.17%
ATR Inc166.35%
Range Today0.03
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
CRS70.64
Mansfield-1.26
10 Day High32.6
10 Day Low27.69
20 Day High37.5
20 Day Low27.69
52 Week High37.5
52 Week Low19.92
CS1 End27.68
CR1 Start27.7
Volume & EV
DER(3)25.83%
DER(5)15.5%
Volume600
Volume Incr-54.84%
Vol(5)640
Vol(50)1.55K