PMV CONSUMER ACQUISITION-A (PMVC) Stock Technical Analysis
USA - NYSE:PMVC - US6934861021 - Common Stock
9.77 USD
+0.02 (+0.21%)
Overall PMVC gets a technical rating of 1 out of 10. PMVC 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
PMVC 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: PMVC has an average volume of 15050 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that PMVC is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month PMVC has a been trading in a tight range between 9.75 and 10.02.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, PMVC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.77, a Stop Loss order could be placed below this zone.
More info and screens
9.64
10.12
We found 1 important support area.
- A support zone ranging from 9.74 to 9.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 9.83 to 10.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 PMVC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PMVC is down. |
| ChartMill Relative Strength | 76.43 | POSITIVE | PMVC has a high relative strength, it outperformed 76.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PMVC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PMVC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PMVC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.44 | NEUTRAL | The RSI value for PMVC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PMVC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.37 | OVERSOLD | The low Stochastics value suggests PMVC may be oversold. |
| Average True Range in percent/ATR (20) | 0.36 | LOW VOLATILITY | The low ATR as a percentage value for PMVC suggests low volalility. |
| Average Directional Index/ADX (14) | 35.85 | POSITIVE | The high ADX value value for PMVC 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)
NYSE:PMVC (10/20/2022, 7:08:22 PM)
9.77
+0.02 (+0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.21%
1 Week0%
2 Weeks0.1%
1 Month-1.96%
3 Month-1.91%
6 Month-1.41%
12 Month-0.31%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.36%
ATR Inc-43.43%
Range Today0
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
CRS76.43
Mansfield1.35
10 Day High9.81
10 Day Low9.75
20 Day High10.02
20 Day Low9.75
52 Week High10.02
52 Week Low9.75
CS1 End9.77
CR1 Start9.83
Volume & EV
DER(3)0%
DER(5)0%
Volume200
Volume Incr-87.68%
Vol(5)1.02K
Vol(50)15.05K