PPX Technical Analysis - KERING

Technical Rating and Analysis

We assign a technical rating of 9 out of 10 to PPX. Both in the recent history as in the last year, PPX has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: PPX has an average volume of 644 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The long and short term trends are both positive. This is looking good!

PPX is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 90% of 45 stocks in the same industry.

In the last month PPX has a been trading in the 210.00 - 243.60 range, which is quite wide. It is currently trading near the high of this range.

When comparing the yearly performance of all stocks, we notice that PPX is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this relatively good performance is mostly due to a recent big move.

PPX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PPX is lagging the market.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although PPX has an excellent technical rating, the quality of the presented setup is 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

173.75

243.67

5 important support areas can be observed.

A support zone ranging from 228.35 to 229.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A support zone ranging from 209.49 to 211.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @195.15 from a trend line in the daily time frame.
Support @184.85 from a trend line in the weekly time frame.
Support @175.50 from a horizontal line in the daily time frame.

We found 1 important resistance area.

A resistance zone ranging from 241.26 to 241.26. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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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 PPX.DE is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for PPX.DE is up.
ChartMill Relative Strength	85.21	POSITIVE	PPX.DE has a high relative strength, it outperformed 85.21% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of PPX.DE is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of PPX.DE is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of PPX.DE is above the rising SMA(200).
Relative Strength Index/RSI (14)	65.69	NEUTRAL	The RSI value for PPX.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.09	POSITIVE	The MACD value suggests PPX.DE has a positive trend.
Stochastics (14,3)	81.96	OVERBOUGHT	The high Stochastics value suggests PPX.DE may be overbought.
Average True Range in percent/ATR (20)	2.4	MEDIUM VOLATILITY	The ATR as a percentage value for PPX.DE suggests some volalility.
Average Directional Index/ADX (14)	41.85	POSITIVE	The high ADX value value for PPX.DE suggests a strong trend.