PARK NATIONAL CORP (PRK) Stock Technical Analysis
USA - NYSEARCA:PRK - US7006581075 - Common Stock
We assign a technical rating of 0 out of 10 to PRK. PRK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, PRK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 160.54. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 155.23, a Stop Loss order could be placed below this zone.
More info and screens
149.36
When analyzing the support we notice one important area.
- A support zone ranging from 150.87 to 155.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 160.54 to 167.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @174.01 from a horizontal line in the daily time frame.
- A resistance zone ranging from 177.32 to 177.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 PRK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PRK is down. |
| ChartMill Relative Strength | 20.02 | NEGATIVE | PRK has a low relative strength, it was outperformed by 79.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PRK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PRK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PRK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.21 | NEUTRAL | The RSI value for PRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests PRK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.9 | NEUTRAL | The Stochastics value for PRK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.84 | MEDIUM VOLATILITY | The ATR as a percentage value for PRK suggests some volalility. |
| Average Directional Index/ADX (14) | 18.61 | NEGATIVE | The low ADX value for PRK suggests a weak or negative trend. |
155.32
+3.59 (+2.37%)
PARK NATIONAL CORP / PRK FAQ
Can you provide the ChartMill technical rating for PARK NATIONAL CORP?
ChartMill assigns a technical rating of 0 / 10 to PRK.
Can you provide the trend direction for PARK NATIONAL CORP?
The current trend direction for PARK NATIONAL CORP (PRK) is Bearish.
What is the RSI signal for PRK stock?
PARK NATIONAL CORP (PRK) has an RSI value of 46.2116. This indicates that the stock is currently neutral.
What is the MACD signal for PRK stock?
The MACD indicator for PARK NATIONAL CORP (PRK) has a value of -0.054155, indicating a bearish trend.
Can you provide the support and resistance levels for PARK NATIONAL CORP?
PARK NATIONAL CORP (PRK) has a support level at 155.23 and a resistance level at 160.54. Check the full technical report for our detailed analysis of PRK support and resistance levels.