PRECISION OPTICS CORP INC (POCI) Technical Analysis
NASDAQ:POCI • US7402944000
Current stock price
POCI Technical Rating and Analysis
Overall POCI gets a technical rating of 3 out of 10. POCI 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.
- POCI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so POCI is lagging the market.
- In the last month POCI has a been trading in the 3.95 - 5.34 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: POCI has an average volume of 24374 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- POCI is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 75% of 187 stocks in the same industry.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, POCI turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
POCI Weekly and Daily overview Charts
POCI Setup Rating and Analysis
POCI has a bad technical rating, but it does show 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 4.34, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for POCI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
POCI Support and Resistance Analysis
4.03
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4.31 to 4.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.14 to 4.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.07 to 4.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 4.50 to 4.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.58 from a trend line in the weekly time frame.
POCI Technical Indicator Signal Analysis
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 POCI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for POCI is neutral. |
| ChartMill Relative Strength | 50.77 | NEUTRAL | POCI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of POCI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of POCI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of POCI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.81 | NEUTRAL | The RSI value for POCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests POCI has a positive trend. |
| Stochastics (14,3) | 20.05 | NEUTRAL | The Stochastics value for POCI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.89 | HIGH VOLATILITY | The high ATR as a percentage value for POCI suggests high volalility. |
| Average Directional Index/ADX (14) | 23.21 | NEUTRAL | The ADX value for POCI suggests a possible start of a new trend. |
POCI Chart- and CandleStick Pattern Analysis
POCI Technicals: Chart, Performance Metrics, Trend & Indicators
4.4
+0.29 (+7.16%)
PRECISION OPTICS CORP INC / POCI TA FAQ
What is the technical rating for POCI stock?
ChartMill assigns a technical rating of 3 / 10 to POCI.
Can you provide the trend direction for PRECISION OPTICS CORP INC?
The current trend direction for PRECISION OPTICS CORP INC (POCI) is Bearish.
Can you provide the RSI signal for PRECISION OPTICS CORP INC?
PRECISION OPTICS CORP INC (POCI) has an RSI value of 48.8099. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for PRECISION OPTICS CORP INC?
PRECISION OPTICS CORP INC (POCI) has a support level at 4.34 and a resistance level at 4.5. Check the full technical report for our detailed analysis of POCI support and resistance levels.