PILGRIM'S PRIDE CORP (PPC) Stock Technical Analysis
NASDAQ:PPC - US72147K1088 - Common Stock
44.93 USD
+0.32 (+0.72%)
44.55 USD
-0.38 (-0.85%)
We assign a technical rating of 0 out of 10 to PPC. 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.
81% of all other stocks performed better in the past year than PPC.
PPC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PPC has a been trading in the 44.17 - 50.56 range, which is quite wide. It is currently trading near the lows of this range.
PPC has an average volume of 1278020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
PPC is an average performer in the Food Products industry, it outperforms 51% of 90 stocks in the same industry.
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
43.58
54.36
When analyzing the support we notice one important area.
- A support zone ranging from 44.02 to 44.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- Resistance @45.30 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 46.65 to 47.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 47.95 to 48.40. 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 49.20 to 51.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @53.82 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 PPC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PPC is down. |
| ChartMill Relative Strength | 19.8 | NEGATIVE | PPC has a low relative strength, it was outperformed by 80.2% 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) | 34.22 | NEUTRAL | The RSI value for PPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests PPC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.39 | OVERSOLD | The low Stochastics value suggests PPC may be oversold. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for PPC suggests some volalility. |
| Average Directional Index/ADX (14) | 26.9 | POSITIVE | The high ADX value value for PPC 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)
44.93
+0.32 (+0.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.72%
1 Week-4.77%
2 Weeks-9.47%
1 Month-5.81%
3 Month-8.6%
6 Month-17.39%
12 Month-3.54%
2 Year78.58%
3 Year57.82%
5 Year180.81%
10 Year114.16%
15 Year617.73%
Volatility
ATR(14)1.09
ATR(20)%2.7%
ATR Inc-28.76%
Range Today0.7
ADR(20)1.2
ADR(20)%2.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.8
Mansfield-1.53
10 Day High49.44
10 Day Low44.18
20 Day High50.56
20 Day Low44.18
52 Week High57.16
52 Week Low40.09
CS1 End44.55
CR1 Start45.3
Volume & EV
DER(3)-1.64%
DER(5)-0.34%
Volume1.12M
Volume Incr2.28%
Vol(5)1.34M
Vol(50)1.28M