PNE AG (PNE3.DE)       17.18  -3.27 (-15.99%)

17.18  -3.27 (-15.99%)

DE000A0JBPG2 - Common Stock

Technical Rating

5

Overall PNE3 gets a technical rating of 5 out of 10. PNE3 was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.



Looking at the yearly performance, PNE3 did better than 99% of all other stocks. On top of that, PNE3 also shows a nice and consistent pattern of rising prices.
PNE3 is one of the better performing stocks in the Electrical Equipment industry, it outperforms 96% of 27 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
PNE3 is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Volume is considerably higher in the last couple of days.
In the last month PNE3 has a been trading in the 19.24 - 21.70 range, which is quite wide. It is currently trading near the lows of this range.

Statistics

1 Month 3 Months 6 Months 12 Months -4.22% 4.76% 31.43% 149.39% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 99.59 7.89 - 24.1
PNE3 Weekly chart
PNE3 Daily chart

Support/Resistance Analysis


17.01

21.76
When analyzing the resistance we notice 3 important areas.
  • Resistance @19.98 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 20.44 to 21.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 21.50 to 21.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

Setup Analysis

Setup Rating

2

PNE3 has an average technical rating and it also does not offer a high 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.


PNE3 Daily chart

PNE AG17.18

FRA:PNE3 (1/30/2023, 5:29:57 PM)-3.27 (-15.99%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Industrials
GICS Industry Electrical Equipment

Performance
Today -15.99% 1 Week -2.15%
2 Weeks -3.08% 1 Month -4.22%
3 Month 4.76% 6 Month 31.43%

Volatility
ATR(14) 0.58 ATR(20)% 2.72%
ATR Inc 11.49% Range Today 1.44

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 99.59 Mansfield 2.95
10 Day High 21.55 10 Day Low 19.24
20 Day High 21.7 20 Day Low 19.24
52 Week High 24.1 52 Week Low 7.89
CS1 End 20.44 CR1 Start 20.65

Volume & EV
DER(3) -0.08% DER(5) 0.08%
Volume 301.96K Volume Incr 223.91%
Vol(5) 241.94K Vol(50) 130.00K

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