Portfolio Developed Markets ETF (PPDM) Technical Analysis
NYSEARCA:PPDM
Current stock price
PPDM Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to PPDM. 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.
- 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 Weekly and Daily overview Charts
PPDM Setup Rating and Analysis
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
PPDM Support and Resistance Analysis
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.
When analyzing the resistance we notice one important 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.
PPDM 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 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. |
PPDM Chart- and CandleStick Pattern Analysis
PPDM Technicals: Chart, Performance Metrics, Trend & Indicators
Portfolio Developed Markets ETF
NYSEARCA:PPDM (9/25/2020, 8:04:01 PM)
21.1344
+0.02 (+0.09%)
Portfolio Developed Markets ETF / PPDM TA FAQ
What is the technical rating for PPDM stock?
ChartMill assigns a technical rating of 4 / 10 to PPDM.
Can you provide the trend direction for Portfolio Developed Markets ETF?
The current trend direction for Portfolio Developed Markets ETF (PPDM) is Bullish.
Can you provide the RSI signal for Portfolio Developed Markets ETF?
Portfolio Developed Markets ETF (PPDM) has an RSI value of 38.8136. This indicates that the stock is currently neutral.
What is the MACD signal for Portfolio Developed Markets ETF (PPDM) stock?
The MACD indicator for Portfolio Developed Markets ETF (PPDM) has a value of -0.142149, indicating a bearish trend.
What is the short term momentum for Portfolio Developed Markets ETF (PPDM) stock?
The short term momentum for Portfolio Developed Markets ETF (PPDM) is negative.