PANERA BREAD CO (PNRA) Stock Technical Analysis
NASDAQ:PNRA - US69840W1080
314.93
+0.05 (+0.02%)
Overall PNRA gets a technical rating of 8 out of 10. Both in the recent history as in the last year, PNRA has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
PNRA is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the yearly performance of all stocks, we notice that PNRA is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month PNRA has a been trading in a tight range between 314.40 and 314.98.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, PNRA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 314.89, a Stop Loss order could be placed below this zone.
More info and screens
187.54
318.60
3 important support areas can be observed.
- A support zone ranging from 312.67 to 314.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @200.25 from a trend line in the weekly time frame.
- Support @189.43 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 315.44 to 315.45. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for PNRA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PNRA is up. |
| ChartMill Relative Strength | 84.16 | POSITIVE | PNRA has a high relative strength, it outperformed 84.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PNRA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PNRA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PNRA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.49 | OVERBOUGHT | The high RSI value suggests PNRA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests PNRA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 82.8 | OVERBOUGHT | The high Stochastics value suggests PNRA may be overbought. |
| Average True Range in percent/ATR (20) | 0.06 | LOW VOLATILITY | The low ATR as a percentage value for PNRA suggests low 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 314.99 | 314.49 | 0.50 (0.16%) | 25.00% |
| An entry @314.99. This is a Buy Stop order right above the 10 day high. | An exit @314.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.50 points, which is 0.16%. | For a 0.04% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:PNRA (7/17/2017, 8:44:05 PM)
314.93
+0.05 (+0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.02%
1 Week0.03%
2 Weeks0.09%
1 Month0.11%
3 Month0.21%
6 Month45.36%
12 Month46.11%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%0.06%
ATR Inc-45.77%
Range Today0.13
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
CRS84.16
Mansfield2.02
10 Day High314.98
10 Day Low314.5
20 Day High314.98
20 Day Low314.4
52 Week High316.21
52 Week Low185.69
CS1 End314.89
CR1 Start315.44
Volume & EV
DER(3)0.54%
DER(5)1.27%
Volume323.40K
Volume Incr277.4%
Vol(5)1.29M
Vol(50)446.35K