PILGRIM'S PRIDE CORP (PPC) Technical Analysis
NASDAQ:PPC • US72147K1088
Current stock price
PPC Technical Rating and Analysis
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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 86% 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. 61% of 87 stocks in the same industry do better.
- PPC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PPC is lagging the market.
- In the last month PPC has a been trading in the 34.39 - 43.57 range, which is quite wide. It is currently trading near the lows of this range.
PPC Weekly and Daily overview Charts
PPC Setup Rating and Analysis
Although the technical rating is bad, PPC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for PPC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
PPC Support and Resistance Analysis
34.61
When analyzing the support we notice one important area.
- A support zone ranging from 34.96 to 35.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 35.43 to 35.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @42.49 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 | 14.78 | NEGATIVE | PPC has a low relative strength, it was outperformed by 85.22% 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) | 30.61 | NEUTRAL | The RSI value for PPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests PPC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.07 | OVERSOLD | The low Stochastics value suggests PPC may be oversold. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for PPC suggests some volalility. |
| Average Directional Index/ADX (14) | 37.04 | 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
35.42
+0.2 (+0.57%)
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.
What is the RSI signal for PILGRIM'S PRIDE CORP (PPC) stock?
PILGRIM'S PRIDE CORP (PPC) has an RSI value of 30.608. 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 -0.262599, 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.