PILGRIM'S PRIDE CORP (PPC) Stock Technical Analysis
NASDAQ:PPC - Nasdaq - US72147K1088 - Common Stock - Currency: USD
Overall PPC gets a technical rating of 5 out of 10. Although PPC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, we notice that PPC is one of the better performing stocks in the market, outperforming 86% of all stocks. On top of that, PPC also shows a nice and consistent pattern of rising prices.
PPC is one of the better performing stocks in the Food Products industry, it outperforms 85% of 90 stocks in the same industry.
PPC has an average volume of 1558190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
PPC 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 PPC is lagging the market slightly.
In the last month PPC has a been trading in the 45.37 - 54.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PPC has an average technical rating and it also does not offer a high 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
44.13
56.83
We found 3 important support areas.
- Support @47.02 from a trend line in the weekly time frame.
- A support zone ranging from 45.68 to 46.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @44.58 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @52.12 from a trend line in the daily time frame.
- A resistance zone ranging from 53.82 to 54.63. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 55.93 to 56.27. This zone is formed by a combination of multiple trend lines in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for PPC is neutral. |
| ChartMill Relative Strength | 86.29 | POSITIVE | PPC has a high relative strength, it outperformed 86.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PPC is above 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) | UP | POSITIVE | The current price of PPC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.14 | NEUTRAL | The RSI value for PPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests PPC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.6 | NEUTRAL | The Stochastics value for PPC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for PPC suggests some volalility. |
| Average Directional Index/ADX (14) | 20.11 | NEUTRAL | The ADX value for PPC suggests a possible start of a new 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)
49.6
+0.41 (+0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.83%
1 Week1.97%
2 Weeks5.37%
1 Month-7.38%
3 Month-6.64%
6 Month-4.08%
12 Month36.11%
2 Year123.42%
3 Year48.86%
5 Year139.96%
10 Year93.9%
15 Year521.55%
Volatility
ATR(14)1.27
ATR(20)%3.35%
ATR Inc28.47%
Range Today1.09
ADR(20)1.32
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
CRS86.29
Mansfield0.51
10 Day High51.45
10 Day Low45.67
20 Day High54.74
20 Day Low45.37
52 Week High57.16
52 Week Low33.7
CS1 End47.02
CR1 Start52.12
Volume & EV
DER(3)2.32%
DER(5)1.98%
Volume794.80K
Volume Incr-4.09%
Vol(5)1.31M
Vol(50)1.56M