Portfolio Developed Markets ETF (PPDM) Stock Technical Analysis
USA - NYSEARCA:PPDM -
21.1344
+0.02 (+0.09%)
Overall PPDM gets a technical rating of 4 out of 10. In the last year, PPDM was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month PPDM has a been trading in the 21.04 - 22.46 range, which is quite wide. It is currently trading near the lows of this range.
Warning: PPDM has an average volume of 493 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When compared to the yearly performance of all other stocks, PPDM outperforms 53% of them, which is more or less in line with the market.
PPDM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PPDM is lagging the market.
Considerably lower volume is observed in the last couple of days.
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.
More info and screens
20.90
22.69
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Portfolio Developed Markets ETF
NYSEARCA:PPDM (9/25/2020, 8:04:01 PM)
21.1344
+0.02 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.09%
1 Week-4.76%
2 Weeks-3.71%
1 Month-4.64%
3 Month6.89%
6 Month31.77%
12 Month-4.62%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%1.11%
ATR Inc-76.5%
Range Today0.09
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.49
Mansfield-0.61
10 Day High22.38
10 Day Low21.04
20 Day High22.46
20 Day Low21.04
52 Week High24.9
52 Week Low13.6
CS1 End21.12
CR1 Start21.75
Volume & EV
DER(3)0%
DER(5)0%
Volume300
Volume Incr-69.48%
Vol(5)140
Vol(50)493