PACIFIC PREMIER BANCORP INC (PPBI)       34.43  -0.86 (-2.44%)

34.43  -0.86 (-2.44%)

US69478X1054 - Common Stock

Technical Rating

4

We assign a technical rating of 4 out of 10 to PPBI. PPBI has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.



The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month PPBI has a been trading in the 29.25 - 35.66 range, which is quite wide. It is currently trading near the high of this range.
PPBI 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
73% of all other stocks performed better in the past year than PPBI.
PPBI is one of the lesser performing stocks in the Banks industry. 68% of 334 stocks in the same industry do better.

Statistics

1 Month 3 Months 6 Months 12 Months 15.70% -3.37% 4.47% -8.24% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 27.18 27.92 - 40.14
PPBI Weekly chart
PPBI Daily chart

Support/Resistance Analysis


29.76

41.43
When analyzing the support we notice one important area.
  • A support zone ranging from 30.06 to 30.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
  • Resistance @35.29 from a trend line in the weekly time frame.
  • A resistance zone ranging from 36.39 to 37.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @41.02 from a trend line in the weekly time frame.

Setup Analysis

Setup Rating

3

PPBI has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.


PPBI Daily chart

PACIFIC PREMIER BANCORP INC34.43

NASDAQ:PPBI (2/6/2023, 1:54:04 PM)-0.86 (-2.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Financials
GICS Industry Banks

Performance
Today -2.44% 1 Week 13.77%
2 Weeks 15.55% 1 Month 15.7%
3 Month -3.37% 6 Month 4.47%

Volatility
ATR(14) 1.17 ATR(20)% 3.06%
ATR Inc 37.25% Range Today 0.91

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

Relative Strength & Ranges
CRS 27.18 Mansfield 0.29
10 Day High 35.66 10 Day Low 29.26
20 Day High 35.66 20 Day Low 29.26
52 Week High 40.14 52 Week Low 27.92
CS1 End 35.29 CR1 Start 36.39

Volume & EV
DER(3) 2.86% DER(5) 0.44%
Volume 227.02K Volume Incr 25.65%
Vol(5) 494.12K Vol(50) 435.98K

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