PILGRIM'S PRIDE CORP (PPC) Technical Analysis
NASDAQ:PPC • US72147K1088
Current stock price
PPC Technical Rating and Analysis
Taking everything into account, PPC scores 0 out of 10 in our technical rating. PPC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 90% of all other stocks performed better in the past year than PPC.
- PPC is one of the lesser performing stocks in the Food Products industry. 68% of 87 stocks in the same industry do better.
- PPC is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month PPC has a been trading in the 32.79 - 38.30 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- PPC has an average volume of 1000750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PPC Weekly and Daily overview Charts
PPC Setup Rating and Analysis
The technical rating of PPC is bad and it also does not present a 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.
More info and screens
PPC Support and Resistance Analysis
33.31
4 important resistance areas can be observed.
- A resistance zone ranging from 35.53 to 35.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 37.95 to 37.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @41.73 from a trend line in the daily time frame.
- Resistance @43.69 from a horizontal line in the daily time frame.
PPC 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 | DOWN | NEGATIVE | The long term trend for PPC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PPC is down. |
| ChartMill Relative Strength | 10.27 | NEGATIVE | PPC has a low relative strength, it was outperformed by 89.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PPC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PPC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PPC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.35 | OVERSOLD | The low RSI value suggests PPC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests PPC has a negative trend. |
| Stochastics (14,3) | 10.71 | OVERSOLD | The low Stochastics value suggests PPC may be oversold. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for PPC suggests some volalility. |
| Average Directional Index/ADX (14) | 28.78 | POSITIVE | The high ADX value value for PPC suggests a strong trend. |
PPC Chart- and CandleStick Pattern Analysis
PPC Technicals: Chart, Performance Metrics, Trend & Indicators
33.65
+0.01 (+0.03%)
PILGRIM'S PRIDE CORP / PPC TA FAQ
What is the ChartMill technical rating of PILGRIM'S PRIDE CORP (PPC) stock?
ChartMill assigns a technical rating of 0 / 10 to PPC.
What is the trend direction for PPC stock?
The current trend direction for PILGRIM'S PRIDE CORP (PPC) is Bearish.
Can you provide the RSI signal for PILGRIM'S PRIDE CORP?
PILGRIM'S PRIDE CORP (PPC) has an RSI value of 29.346. This indicates that the stock is currently oversold.
Can you provide the short term momentum for PILGRIM'S PRIDE CORP?
The short term momentum for PILGRIM'S PRIDE CORP (PPC) is negative.
Can you provide the support and resistance levels for PILGRIM'S PRIDE CORP?
PILGRIM'S PRIDE CORP (PPC) has a resistance level at 35.53. Check the full technical report for our detailed analysis of PPC support and resistance levels.