We assign a technical rating of 8 out of 10 to PPBI. 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.
PPBI has an excellent technical rating, but the quality of the setup is only medium 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
When analyzing the support we can see 5 important 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.
We can see 2 important resistance 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. |
24.49
+0.08 (+0.33%)
PACIFIC PREMIER BANCORP INC / PPBI FAQ
What is the ChartMill technical rating of PACIFIC PREMIER BANCORP INC (PPBI) stock?
ChartMill assigns a technical rating of 8 / 10 to PPBI.
What is the trend direction for PPBI stock?
The current trend direction for PACIFIC PREMIER BANCORP INC (PPBI) is Bullish.
What is the RSI signal for PACIFIC PREMIER BANCORP INC (PPBI) stock?
PACIFIC PREMIER BANCORP INC (PPBI) has an RSI value of 66.4802. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PACIFIC PREMIER BANCORP INC?
The MACD indicator for PACIFIC PREMIER BANCORP INC (PPBI) has a value of 0.147796, indicating a bearish trend.
Can you provide the short term momentum for PACIFIC PREMIER BANCORP INC?
The short term momentum for PACIFIC PREMIER BANCORP INC (PPBI) is positive.