PORCH GROUP INC (PRCH) Stock Technical Analysis
NASDAQ:PRCH - Nasdaq - US7332451043 - Common Stock - Currency: USD
Overall PRCH gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PRCH is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, PRCH did better than 99% of all other stocks. On top of that, PRCH also shows a nice and consistent pattern of rising prices.
PRCH is part of the Software industry. There are 282 other stocks in this industry. PRCH outperforms 98% of them.
PRCH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PRCH is lagging the market slightly.
PRCH has an average volume of 2994410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PRCH has a been trading in the 9.91 - 13.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PRCH has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
4.52
12.28
We found 6 important support areas.
- A support zone ranging from 11.76 to 11.82. 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 10.35 to 10.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.38 from a trend line in the weekly time frame.
- Support @6.85 from a trend line in the weekly time frame.
- Support @6.28 from a trend line in the daily time frame.
- Support @4.57 from a horizontal line in the daily time frame.
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 PRCH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRCH is up. |
| ChartMill Relative Strength | 99.36 | POSITIVE | PRCH has a high relative strength, it outperformed 99.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRCH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PRCH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PRCH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.39 | 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) | 60.63 | NEUTRAL | The Stochastics value for PRCH is a neutral value. |
| Average True Range in percent/ATR (20) | 6.57 | HIGH VOLATILITY | The high ATR as a percentage value for PRCH suggests high volalility. |
| Average Directional Index/ADX (14) | 44.25 | POSITIVE | The high ADX value value for PRCH suggests a strong trend. |
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)
12.16
-0.22 (-1.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.78%
1 Week-2.41%
2 Weeks3.14%
1 Month14.5%
3 Month129.87%
6 Month163.2%
12 Month553.76%
2 Year794.12%
3 Year530.05%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.84
ATR(20)%6.57%
ATR Inc-27.46%
Range Today0.9
ADR(20)0.78
ADR(20)%6.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.36
Mansfield11.37
10 Day High13.59
10 Day Low11.74
20 Day High13.59
20 Day Low9.91
52 Week High13.59
52 Week Low1.05
CS1 End11.82
CR1 StartN/A
Volume & EV
DER(3)-0.92%
DER(5)1.66%
Volume1.86M
Volume Incr-7.23%
Vol(5)2.04M
Vol(50)2.99M