PACIFIC PREMIER BANCORP INC (PPBI) Stock Technical Analysis
NASDAQ:PPBI - Nasdaq - US69478X1054 - Common Stock - Currency: USD
Overall PPBI gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. PPBI was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, PPBI is a bad performer in the overall market: 75% of all stocks are doing better.
PPBI is one of the lesser performing stocks in the Banks industry. 89% of 396 stocks in the same industry do better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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.
In the last month PPBI has a been trading in the 20.23 - 23.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PPBI has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 21.90, a Stop Loss order could be placed below this zone.
More info and screens
19.92
29.54
When analyzing the support we can see 4 important areas.
- A support zone ranging from 21.33 to 21.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.95 from a trend line in the daily time frame.
- Support @20.48 from a horizontal line in the weekly time frame.
- Support @20.12 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 22.35 to 23.10. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for PPBI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PPBI is neutral. |
| ChartMill Relative Strength | 25.57 | NEGATIVE | PPBI has a low relative strength, it was outperformed by 74.43% off all stocks 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 | NEGATIVE | The current price of PPBI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.07 | NEUTRAL | The RSI value for PPBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests PPBI has a negative trend. |
| Stochastics (14,3) | 45.08 | NEUTRAL | The Stochastics value for PPBI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for PPBI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.62 | NEGATIVE | The low ADX value for PPBI suggests a weak or negative 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)
22.1
-0.01 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.05%
1 Week-1.16%
2 Weeks-4.33%
1 Month8.55%
3 Month14.81%
6 Month-10.09%
12 Month-18.9%
2 Year-13.47%
3 Year-34.3%
5 Year5.19%
10 Year16.25%
15 Year408.05%
Volatility
ATR(14)0.62
ATR(20)%2.63%
ATR Inc-17.55%
Range Today0.43
ADR(20)0.55
ADR(20)%2.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.57
Mansfield-1.47
10 Day High23.2
10 Day Low21.26
20 Day High23.3
20 Day Low20.23
52 Week High30.28
52 Week Low18.06
CS1 End21.9
CR1 Start22.35
Volume & EV
DER(3)-1.63%
DER(5)-2.18%
Volume1.13M
Volume Incr11.13%
Vol(5)1.15M
Vol(50)926.50K