PILGRIM'S PRIDE CORP (PPC) Stock Technical Analysis
NASDAQ:PPC - Nasdaq - US72147K1088 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to PPC. PPC has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
PPC is one of the better performing stocks in the Food Products industry, it outperforms 74% of 91 stocks in the same industry.
In the last month PPC has a been trading in the 43.58 - 49.90 range, which is quite wide. It is currently trading near the high of this range.
PPC has an average volume of 1216060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, PPC outperforms 58% of them, which is more or less in line with the market.
PPC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PPC is lagging the market.
PPC has an average technical rating and also the quality of the setup is only medium 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
55.18
3 important support areas can be observed.
- A support zone ranging from 47.50 to 48.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 45.30 to 46.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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.
When analyzing the resistance we notice one important area.
- 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.
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 | UP | POSITIVE | The long term trend for PPC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PPC is up. |
| ChartMill Relative Strength | 58.01 | NEUTRAL | PPC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PPC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PPC is above 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) | 65.59 | NEUTRAL | The RSI value for PPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests PPC has a positive trend. |
| Stochastics (14,3) | 90.38 | OVERBOUGHT | The high Stochastics value suggests PPC may be overbought. |
| Average True Range in percent/ATR (20) | 2.66 | MEDIUM VOLATILITY | The ATR as a percentage value for PPC suggests some volalility. |
| Average Directional Index/ADX (14) | 21.7 | 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)
49.32
+0.36 (+0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.74%
1 Week3.4%
2 Weeks2.6%
1 Month8.9%
3 Month4.78%
6 Month-3.39%
12 Month10.41%
2 Year96.03%
3 Year73.23%
5 Year208.25%
10 Year135.08%
15 Year687.86%
Volatility
ATR(14)1.46
ATR(20)%2.66%
ATR Inc-29.93%
Range Today1.29
ADR(20)1.3
ADR(20)%2.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.01
Mansfield-0.55
10 Day High49.9
10 Day Low46.19
20 Day High49.9
20 Day Low43.58
52 Week High57.16
52 Week Low40.09
CS1 End48.65
CR1 Start53.82
Volume & EV
DER(3)-1.14%
DER(5)-1.72%
Volume914.40K
Volume Incr22.65%
Vol(5)1.48M
Vol(50)1.22M