PACIFIC PREMIER BANCORP INC (PPBI) Stock Technical Analysis
USA - NASDAQ:PPBI - US69478X1054 - Common Stock
24.49 USD
+0.08 (+0.33%)
24.52 USD
+0.03 (+0.12%)
Taking everything into account, PPBI scores 8 out of 10 in our technical rating. Although PPBI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month PPBI has a been trading in the 21.05 - 24.97 range, which is quite wide. It is currently trading near the high of this range.
PPBI has an average volume of 1468300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, PPBI outperforms 49% of them, which is more or less in line with the market.
PPBI is part of the Banks industry. There are 391 other stocks in this industry, PPBI did better than 62% of them.
PPBI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PPBI is lagging the market.
Volume is considerably higher in the last couple of days.
Although PPBI has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
20.47
29.54
We found 5 important support areas.
- Support @23.48 from a trend line in the daily time frame.
- A support zone ranging from 22.13 to 23.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.55 from a horizontal line in the daily time frame.
- A support zone ranging from 21.05 to 21.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.68 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 24.50 to 24.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @29.25 from a horizontal line in the weekly time frame.
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 PPBI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PPBI is up. |
| ChartMill Relative Strength | 49 | NEUTRAL | PPBI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PPBI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PPBI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PPBI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.48 | NEUTRAL | The RSI value for PPBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests PPBI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.8 | OVERBOUGHT | The high Stochastics value suggests PPBI may be overbought. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for PPBI suggests some volalility. |
| Average Directional Index/ADX (14) | 25.76 | POSITIVE | The high ADX value value for PPBI suggests a strong trend. |
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)
24.49
+0.08 (+0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.33%
1 Week0.76%
2 Weeks5.93%
1 Month15.63%
3 Month15.52%
6 Month2.51%
12 Month-4.71%
2 Year6.39%
3 Year-25.24%
5 Year8.41%
10 Year30.54%
15 Year510.72%
Volatility
ATR(14)0.62
ATR(20)%2.41%
ATR Inc-10.99%
Range Today0.72
ADR(20)0.57
ADR(20)%2.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49
Mansfield-0.52
10 Day High24.97
10 Day Low22.63
20 Day High24.97
20 Day Low21.05
52 Week High30.28
52 Week Low18.06
CS1 End23.48
CR1 Start24.5
Volume & EV
DER(3)1.28%
DER(5)2.21%
Volume19.57M
Volume Incr509.13%
Vol(5)5.25M
Vol(50)1.47M