Taking everything into account, PPDM scores 4 out of 10 in our technical rating. PPDM has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
PPDM has an average technical rating and it also does not offer a high quality setup 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.
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20.90
When analyzing the support we notice one important area.
- A support zone ranging from 21.11 to 21.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 21.75 to 22.47. This zone is formed by a combination of multiple trend lines and important moving averages 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 PPDM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PPDM is down. |
| ChartMill Relative Strength | 53.49 | NEUTRAL | PPDM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PPDM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PPDM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PPDM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.81 | NEUTRAL | The RSI value for PPDM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests PPDM has a negative trend. |
| Stochastics (14,3) | 2.35 | OVERSOLD | The low Stochastics value suggests PPDM may be oversold. |
| Average True Range in percent/ATR (20) | 1.11 | LOW VOLATILITY | The low ATR as a percentage value for PPDM suggests low volalility. |
Portfolio Developed Markets ETF
NYSEARCA:PPDM (9/25/2020, 8:04:01 PM)
21.1344
+0.02 (+0.09%)
Portfolio Developed Markets ETF / PPDM FAQ
What is the technical rating for PPDM stock?
ChartMill assigns a technical rating of 4 / 10 to PPDM.
What is the current trend direction of Portfolio Developed Markets ETF (PPDM) stock?
The current trend direction for Portfolio Developed Markets ETF (PPDM) is Bullish.
What is the RSI signal for Portfolio Developed Markets ETF (PPDM) stock?
Portfolio Developed Markets ETF (PPDM) has an RSI value of 38.8136. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Portfolio Developed Markets ETF?
The short term momentum for Portfolio Developed Markets ETF (PPDM) is negative.
What is the buy/sell signal for Portfolio Developed Markets ETF (PPDM) stock?
The buy/sell signal for Portfolio Developed Markets ETF (PPDM) is hold as the short term and long term trends are mixed.