VOYA Prime Rate Trust (PPR) Technical Analysis
NYSE:PPR
Current stock price
PPR Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to PPR. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, PPR is a bad performer.
- 75% of all other stocks performed better in the past year than PPR.
- The long and short term trends are both positive. This is looking good!
- PPR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month PPR has a been trading in a tight range between 4.54 and 4.70.
PPR Weekly and Daily overview Charts
PPR Setup Rating and Analysis
PPR has an average technical rating and the quality of the presented setup is also not ideal 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
PPR Support and Resistance Analysis
4.42
When analyzing the support we notice one important area.
- A support zone ranging from 4.46 to 4.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 4.69 to 4.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
PPR 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 PPR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PPR is up. |
| ChartMill Relative Strength | 25.61 | NEGATIVE | PPR has a low relative strength, it was outperformed by 74.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PPR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PPR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PPR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.46 | NEUTRAL | The RSI value for PPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PPR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.42 | NEUTRAL | The Stochastics value for PPR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.64 | LOW VOLATILITY | The low ATR as a percentage value for PPR suggests low volalility. |
PPR Chart- and CandleStick Pattern Analysis
PPR 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 |
|---|---|---|---|
| 4.72 | 4.56 | 0.16 (3.39%) | 25.00% |
| An entry @4.72. This is a Buy Stop order right above the resistance zone. | An exit @4.56. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.16 points, which is 3.39%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.85%. |
- 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.
PPR Technicals: Chart, Performance Metrics, Trend & Indicators
4.67
0 (0%)
VOYA Prime Rate Trust / PPR TA FAQ
Can you provide the ChartMill technical rating for VOYA Prime Rate Trust?
ChartMill assigns a technical rating of 6 / 10 to PPR.
Can you provide the trend direction for VOYA Prime Rate Trust?
The current trend direction for VOYA Prime Rate Trust (PPR) is Bullish.
What is the RSI signal for VOYA Prime Rate Trust (PPR) stock?
VOYA Prime Rate Trust (PPR) has an RSI value of 62.4592. This indicates that the stock is currently neutral.
What is the MACD signal for VOYA Prime Rate Trust (PPR) stock?
The MACD indicator for VOYA Prime Rate Trust (PPR) has a value of 0.0087851, indicating a bearish trend.
Can you provide the support and resistance levels for VOYA Prime Rate Trust?
VOYA Prime Rate Trust (PPR) has a support level at 4.67 and a resistance level at 4.69. Check the full technical report for our detailed analysis of PPR support and resistance levels.