PORCH GROUP INC (PRCH) Stock Technical Analysis
NASDAQ:PRCH - Nasdaq - US7332451043 - Common Stock - Currency: USD
Taking everything into account, PRCH scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, PRCH has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that PRCH is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by PRCH over the past year are nicely spread over this period.
PRCH is part of the Software industry. There are 283 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 is also trading in the upper part of its 52 week range, so PRCH is performing more or less in line with the market.
PRCH has an average volume of 3156890 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 5.92 - 12.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although PRCH 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.
More info and screens
4.68
10.24
We found 4 important support areas.
- Support @6.25 from a trend line in the weekly time frame.
- Support @6.01 from a trend line in the weekly time frame.
- Support @5.44 from a trend line in the daily time frame.
- Support @4.73 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @10.14 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 | 99.07 | POSITIVE | PRCH has a high relative strength, it outperformed 99.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PRCH is below 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) | 52.4 | NEUTRAL | The RSI value for PRCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests PRCH has a negative trend. |
| Stochastics (14,3) | 13.4 | OVERSOLD | The low Stochastics value suggests PRCH may be oversold. |
| Average True Range in percent/ATR (20) | 11.57 | HIGH VOLATILITY | The high ATR as a percentage value for PRCH suggests high volalility. |
| Average Directional Index/ADX (14) | 44.78 | 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)
9.12
-0.31 (-3.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-3.29%
1 Week-7.51%
2 Weeks-8.98%
1 Month48.53%
3 Month30.47%
6 Month149.18%
12 Month334.29%
2 Year546.81%
3 Year121.36%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%11.57%
ATR Inc-44.03%
Range Today0.32
ADR(20)0.98
ADR(20)%10.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.07
Mansfield11.98
10 Day High12.2
10 Day Low9.04
20 Day High12.2
20 Day Low5.92
52 Week High12.2
52 Week Low1.05
CS1 End6.25
CR1 Start10.14
Volume & EV
DER(3)-0.27%
DER(5)1.25%
Volume4.01M
Volume Incr-28.12%
Vol(5)2.87M
Vol(50)3.16M