PPD Inc (PPD) Stock Technical Analysis
USA - NASDAQ:PPD - Common Stock
Taking everything into account, PPD scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PPD is showing a nice and steady performance.
PPD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 47.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 47.26, a Stop Loss order could be placed below this zone.
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40.63
When analyzing the support we can see 2 important areas.
- A support zone ranging from 45.74 to 47.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.04 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 47.36 to 47.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 PPD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PPD is up. |
| ChartMill Relative Strength | 82.3 | POSITIVE | PPD has a high relative strength, it outperformed 82.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PPD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PPD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PPD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.87 | NEUTRAL | The RSI value for PPD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PPD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 68.29 | NEUTRAL | The Stochastics value for PPD is a neutral value. |
| Average True Range in percent/ATR (20) | 0.33 | LOW VOLATILITY | The low ATR as a percentage value for PPD suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 47.47 | 46.99 | 0.48 (1.01%) | 25.00% |
| An entry @47.47. This is a Buy Stop order right above the resistance zone. | An exit @46.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.48 points, which is 1.01%. | For a 0.25% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
47.28
-0.03 (-0.06%)
PPD Inc / PPD FAQ
What is the ChartMill technical rating of PPD Inc (PPD) stock?
ChartMill assigns a technical rating of 8 / 10 to PPD.
What is the current trend direction of PPD Inc (PPD) stock?
The current trend direction for PPD Inc (PPD) is Bullish.
Can you provide the RSI signal for PPD Inc?
PPD Inc (PPD) has an RSI value of 54.8687. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PPD Inc?
The MACD indicator for PPD Inc (PPD) has a value of -0.0128958, indicating a bearish trend.
Can you provide the support and resistance levels for PPD Inc?
PPD Inc (PPD) has a support level at 47.26 and a resistance level at 47.36. Check the full technical report for our detailed analysis of PPD support and resistance levels.