Overall PPC gets a technical rating of 2 out of 10. PPC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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
36.23
When analyzing the support we notice one important area.
- A support zone ranging from 36.60 to 37.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 38.98 to 39.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @43.59 from a trend line in the daily time frame.
- Resistance @44.38 from a trend line in the weekly time frame.
- 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 | 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 | 21.27 | NEGATIVE | PPC has a low relative strength, it was outperformed by 78.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PPC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PPC is above the rising 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) | 49 | NEUTRAL | The RSI value for PPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests PPC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.09 | NEUTRAL | The Stochastics value for PPC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for PPC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.74 | NEGATIVE | The low ADX value for PPC suggests a weak or negative trend. |
38.78
+0.29 (+0.75%)
PILGRIM'S PRIDE CORP / PPC FAQ
What is the ChartMill technical rating of PILGRIM'S PRIDE CORP (PPC) stock?
ChartMill assigns a technical rating of 2 / 10 to PPC.
What is the trend direction for PPC stock?
The current trend direction for PILGRIM'S PRIDE CORP (PPC) is Bearish.
What is the RSI signal for PILGRIM'S PRIDE CORP (PPC) stock?
PILGRIM'S PRIDE CORP (PPC) has an RSI value of 49.0008. This indicates that the stock is currently neutral.
What is the MACD signal for PPC stock?
The MACD indicator for PILGRIM'S PRIDE CORP (PPC) has a value of -0.193302, indicating a bearish trend.
What is the buy/sell signal for PILGRIM'S PRIDE CORP (PPC) stock?
The buy/sell signal for PILGRIM'S PRIDE CORP (PPC) is sell as both the short term and long term trends are negative.