We assign a technical rating of 0 out of 10 to POOL. POOL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, POOL 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 232.00, a Stop Loss order could be placed below this zone.
227.90
We found 1 important support area.
When analyzing the resistance we notice 6 important areas.
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 POOL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for POOL is down. |
| ChartMill Relative Strength | 11.66 | NEGATIVE | POOL has a low relative strength, it was outperformed by 88.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of POOL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of POOL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of POOL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.07 | NEUTRAL | The RSI value for POOL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.53 | POSITIVE | The MACD value suggests POOL has a positive trend. |
| Stochastics (14,3) | 13.89 | OVERSOLD | The low Stochastics value suggests POOL may be oversold. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for POOL suggests some volalility. |
| Average Directional Index/ADX (14) | 29.78 | POSITIVE | The high ADX value value for POOL suggests a strong trend. |
232.49
+1.25 (+0.54%)
ChartMill assigns a technical rating of 0 / 10 to POOL.
The current trend direction for POOL CORP (POOL) is Bearish.
POOL CORP (POOL) has an RSI value of 36.07. This indicates that the stock is currently neutral.
The short term momentum for POOL CORP (POOL) is negative.
POOL CORP (POOL) has a support level at 232 and a resistance level at 243.61. Check the full technical report for our detailed analysis of POOL support and resistance levels.