PACIFIC PREMIER BANCORP INC (PPBI) Technical Analysis
NASDAQ:PPBI • US69478X1054
Current stock price
PPBI Technical Rating and Analysis
Overall PPBI gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PPBI is only an average performer.
- PPBI is one of the lesser performing stocks in the Banks industry. 79% of 380 stocks in the same industry do better.
- 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 comparing the performance of all stocks over the past year, PPBI turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
- PPBI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PPBI is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
PPBI Weekly and Daily overview Charts
PPBI Setup Rating and Analysis
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
PPBI Support and Resistance Analysis
20.47
5 important support areas can be observed.
- 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.
2 important resistance areas can be observed.
- 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.
PPBI 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 | 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. |
PPBI Chart- and CandleStick Pattern Analysis
PPBI Technicals: Chart, Performance Metrics, Trend & Indicators
24.49
+0.08 (+0.33%)
PACIFIC PREMIER BANCORP INC / PPBI TA 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 current trend direction of PACIFIC PREMIER BANCORP INC (PPBI) stock?
The current trend direction for PACIFIC PREMIER BANCORP INC (PPBI) is Bullish.
Can you provide the RSI signal for PACIFIC PREMIER BANCORP INC?
PACIFIC PREMIER BANCORP INC (PPBI) has an RSI value of 66.4802. This indicates that the stock is currently neutral.
What is the MACD signal for PPBI stock?
The MACD indicator for PACIFIC PREMIER BANCORP INC (PPBI) has a value of 0.147796, indicating a bearish trend.
What are the support and resistance levels for PACIFIC PREMIER BANCORP INC (PPBI) stock?
PACIFIC PREMIER BANCORP INC (PPBI) has a support level at 23.48 and a resistance level at 24.5. Check the full technical report for our detailed analysis of PPBI support and resistance levels.