PILGRIM'S PRIDE CORP (PPC) Stock Technical Analysis
USA - NASDAQ:PPC - US72147K1088 - Common Stock
Overall PPC gets a technical rating of 1 out of 10. 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.
PPC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 37.64. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 37.42, a Stop Loss order could be placed below this zone.
More info and screens
36.23
We found 1 important support area.
- A support zone ranging from 36.60 to 37.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 37.64 to 38.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 45.99 to 46.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @51.21 from a horizontal line in the daily 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 | 12.62 | NEGATIVE | PPC has a low relative strength, it was outperformed by 87.38% 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) | 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) | 42.46 | NEUTRAL | The RSI value for PPC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests PPC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62 | NEUTRAL | The Stochastics value for PPC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.76 | MEDIUM VOLATILITY | The ATR as a percentage value for PPC suggests some volalility. |
| Average Directional Index/ADX (14) | 36.94 | POSITIVE | The high ADX value value for PPC suggests a strong trend. |
37.52
-0.13 (-0.35%)
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 1 / 10 to PPC.
Can you provide the trend direction for PILGRIM'S PRIDE CORP?
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 42.4593. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PILGRIM'S PRIDE CORP?
The MACD indicator for PILGRIM'S PRIDE CORP (PPC) has a value of 0.178966, indicating a bearish trend.
What is the short term momentum for PPC stock?
The short term momentum for PILGRIM'S PRIDE CORP (PPC) is negative.