PORCH GROUP INC (PRCH) Stock Technical Analysis
NASDAQ:PRCH - US7332451043 - Common Stock
16.275 USD
+0.4 (+2.55%)
16.275 USD
0 (0%)
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.
Both the short term and long term trends are positive. This is a very positive sign.
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. On top of that, PRCH also shows a nice and consistent pattern of rising prices.
PRCH is one of the better performing stocks in the Software industry, it outperforms 98% of 282 stocks in the same industry.
PRCH 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 PRCH has a been trading in the 11.86 - 17.38 range, which is quite wide. It is currently trading near the high of this range.
PRCH has an average volume of 2049810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although PRCH has an excellent technical rating, it does not present a decent entry opportunity 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
8.26
16.44
When analyzing the support we can see 5 important areas.
- A support zone ranging from 14.97 to 15.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @14.24 from a trend line in the daily time frame.
- A support zone ranging from 13.26 to 13.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.16 from a horizontal line in the daily time frame.
- Support @8.34 from a trend line in the weekly 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 | 99.69 | POSITIVE | PRCH has a high relative strength, it outperformed 99.69% 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) | 60.74 | NEUTRAL | The RSI value for PRCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PRCH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.35 | NEUTRAL | The Stochastics value for PRCH is a neutral value. |
| Average True Range in percent/ATR (20) | 6.81 | HIGH VOLATILITY | The high ATR as a percentage value for PRCH suggests high volalility. |
| Average Directional Index/ADX (14) | 36.82 | 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)
16.275
+0.4 (+2.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg2.55%
1 Week6.23%
2 Weeks1.4%
1 Month27.55%
3 Month78.45%
6 Month132.83%
12 Month1030.21%
2 Year1826.04%
3 Year656.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%6.81%
ATR Inc-47.66%
Range Today0.67
ADR(20)1
ADR(20)%6.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.69
Mansfield11.87
10 Day High17.13
10 Day Low14.32
20 Day High17.38
20 Day Low11.86
52 Week High17.38
52 Week Low1.16
CS1 End15.02
CR1 StartN/A
Volume & EV
DER(3)1.8%
DER(5)3.56%
Volume1.72M
Volume Incr-2.9%
Vol(5)1.97M
Vol(50)2.05M