PPD Inc (PPD) Technical Analysis
NASDAQ:PPD
Current stock price
PPD Technical Rating and Analysis
Overall PPD gets a technical rating of 9 out of 10. 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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that PPD is one of the better performing stocks in the market, outperforming 82% of all stocks.
- PPD is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 85% of 56 stocks in the same industry.
- PPD is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PPD is leading the market.
- PPD has an average volume of 1469740 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month PPD has a been trading in a tight range between 47.00 and 47.41.
PPD Weekly and Daily overview Charts
PPD Setup Rating and Analysis
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.
More info and screens
PPD Support and Resistance Analysis
40.63
2 important support areas can be observed.
- 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.
When analyzing the resistance we notice one important 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.
PPD 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 | 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. |
PPD Chart- and CandleStick Pattern Analysis
PPD Example Setup
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 worst case loss on the trade is limited to 0.48 points, which is 1.01%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.25%. |
- 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.
PPD Technicals: Chart, Performance Metrics, Trend & Indicators
47.28
-0.03 (-0.06%)
PPD Inc / PPD TA FAQ
What is the ChartMill technical rating of PPD Inc (PPD) stock?
ChartMill assigns a technical rating of 8 / 10 to PPD.
Can you provide the trend direction for PPD Inc?
The current trend direction for PPD Inc (PPD) is Bullish.
What is the RSI signal for PPD stock?
PPD Inc (PPD) has an RSI value of 54.8687. This indicates that the stock is currently neutral.
What is the MACD signal for PPD Inc (PPD) stock?
The MACD indicator for PPD Inc (PPD) has a value of -0.0128958, indicating a bearish trend.
What is the buy/sell signal for PPD stock?
The buy/sell signal for PPD Inc (PPD) is buy as both the short term and long term trends are positive.