Meet Kevin Pricing Power ETF (PP) Technical Analysis
NYSEARCA:PP • US88634T4022
Current stock price
PP Technical Rating and Analysis
Taking everything into account, PP scores 1 out of 10 in our technical rating. PP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 66% of all other stocks performed better in the past year than PP.
- PP 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 PP is lagging the market.
- Warning: PP has an average volume of 17380 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month PP has a been trading in the 24.89 - 26.96 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Volume is considerably higher in the last couple of days.
PP Weekly and Daily overview Charts
PP Setup Rating and Analysis
Although the technical rating is bad, PP does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 26.06, a Stop Loss order could be placed below this zone.
More info and screens
PP Support and Resistance Analysis
24.03
When analyzing the support we can see 2 important areas.
- A support zone ranging from 25.66 to 26.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 24.27 to 24.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 26.12 to 26.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.12 to 27.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 28.11 to 28.12. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 28.68 to 28.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
PP 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 | DOWN | NEGATIVE | The long term trend for PP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PP is neutral. |
| ChartMill Relative Strength | 34.37 | NEUTRAL | PP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.82 | NEUTRAL | The RSI value for PP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.9 | NEUTRAL | The Stochastics value for PP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for PP suggests low volalility. |
| Average Directional Index/ADX (14) | 16.46 | NEGATIVE | The low ADX value for PP suggests a weak or negative trend. |
PP Chart- and CandleStick Pattern Analysis
PP Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:PP (2/25/2025, 8:04:02 PM)
26.1
0 (0%)
Meet Kevin Pricing Power ETF / PP TA FAQ
Can you provide the ChartMill technical rating for Meet Kevin Pricing Power ETF?
ChartMill assigns a technical rating of 1 / 10 to PP.
Can you provide the trend direction for Meet Kevin Pricing Power ETF?
The current trend direction for Meet Kevin Pricing Power ETF (PP) is Bearish.
Can you provide the RSI signal for Meet Kevin Pricing Power ETF?
Meet Kevin Pricing Power ETF (PP) has an RSI value of 49.8169. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for Meet Kevin Pricing Power ETF?
Meet Kevin Pricing Power ETF (PP) has a support level at 26.06 and a resistance level at 26.12. Check the full technical report for our detailed analysis of PP support and resistance levels.