PORCH GROUP INC (PRCH) Technical Analysis
NASDAQ:PRCH • US7332451043
Current stock price
7.1 USD
-0.34 (-4.57%)
At close:
7.1 USD
0 (0%)
After Hours:
PRCH Technical Rating and Analysis
Overall PRCH gets a technical rating of 0 out of 10. PRCH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 73% of all other stocks performed better in the past year than PRCH.
- PRCH is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PRCH is lagging the market.
- In the last month PRCH has a been trading in the 7.06 - 8.49 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- PRCH is part of the Software industry. There are 278 other stocks in this industry. PRCH outperforms 73% of them.
- PRCH has an average volume of 1669910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PRCH Weekly and Daily overview Charts
PRCH Setup Rating and Analysis
PRCH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
PRCH Support and Resistance Analysis
7.02
16.21
We found 1 important support area.
- Support @7.09 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 7.49 to 7.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 7.85 to 7.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @16.05 from a horizontal line in the daily time frame.
PRCH 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 | DOWN | NEGATIVE | The long term trend for PRCH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PRCH is down. |
| ChartMill Relative Strength | 27.52 | NEGATIVE | PRCH has a low relative strength, it was outperformed by 72.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRCH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PRCH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PRCH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.12 | NEUTRAL | The RSI value for PRCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests PRCH has a negative trend. |
| Stochastics (14,3) | 12.72 | OVERSOLD | The low Stochastics value suggests PRCH may be oversold. |
| Average True Range in percent/ATR (20) | 6.53 | HIGH VOLATILITY | The high ATR as a percentage value for PRCH suggests high volalility. |
| Average Directional Index/ADX (14) | 11.66 | NEGATIVE | The low ADX value for PRCH suggests a weak or negative trend. |
PRCH Chart- and CandleStick Pattern Analysis
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)
PRCH Technicals: Chart, Performance Metrics, Trend & Indicators
7.1
-0.34 (-4.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-4.57%
1 Week-6.33%
2 Weeks-9.21%
1 Month-11.8%
3 Month-20.58%
6 Month-62.35%
12 Month4.41%
2 Year64.73%
3 Year396.5%
5 Year-59.89%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%6.53%
ATR Inc-1.03%
Range Today0.33
ADR(20)0.44
ADR(20)%6.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.52
3 months CRS18.62
6 months CRS6.02
Mansfield-3.62
10 Day High8.08
10 Day Low7.06
20 Day High8.49
20 Day Low7.06
52 Week High19.44
52 Week Low4.64
CS1 End7.09
CR1 Start7.49
Volume & EV
DER(3)1.37%
DER(5)1.11%
Volume1.23M
Volume Incr-23.94%
Vol(5)1.22M
Vol(50)1.67M
PORCH GROUP INC / PRCH TA FAQ
What is the ChartMill technical rating of PORCH GROUP INC (PRCH) stock?
ChartMill assigns a technical rating of 0 / 10 to PRCH.
Can you provide the trend direction for PORCH GROUP INC?
The current trend direction for PORCH GROUP INC (PRCH) is Bearish.
What is the RSI signal for PORCH GROUP INC (PRCH) stock?
PORCH GROUP INC (PRCH) has an RSI value of 40.1227. This indicates that the stock is currently neutral.
What is the MACD signal for PRCH stock?
The MACD indicator for PORCH GROUP INC (PRCH) has a value of -0.0496587, indicating a bearish trend.
What is the support and resistance level for PRCH stock?
PORCH GROUP INC (PRCH) has a support level at 7.09 and a resistance level at 7.49. Check the full technical report for our detailed analysis of PRCH support and resistance levels.