UNITED PARKS & RESORTS INC (PRKS) Stock Technical Analysis
NYSE:PRKS - New York Stock Exchange, Inc. - US81282V1008 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to PRKS. PRKS has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
PRKS is part of the Hotels, Restaurants & Leisure industry. There are 131 other stocks in this industry, of which 60% are performing better than PRKS.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the performance of all stocks over the past year, PRKS turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
PRKS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PRKS is lagging the market.
In the last month PRKS has a been trading in the 45.74 - 54.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although PRKS 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
42.18
58.99
We found 2 important support areas.
- A support zone ranging from 46.08 to 49.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.61 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @58.41 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for PRKS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRKS is up. |
| ChartMill Relative Strength | 48.15 | NEUTRAL | PRKS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PRKS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PRKS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PRKS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.01 | NEUTRAL | The RSI value for PRKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests PRKS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.79 | NEUTRAL | The Stochastics value for PRKS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for PRKS suggests some volalility. |
| Average Directional Index/ADX (14) | 29.93 | POSITIVE | The high ADX value value for PRKS 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)
51.31
-0.12 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.23%
1 Week6.96%
2 Weeks8.11%
1 Month10.39%
3 Month16.56%
6 Month-0.97%
12 Month-7.55%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.58
ATR(20)%3.14%
ATR Inc-21.85%
Range Today1.02
ADR(20)1.52
ADR(20)%2.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.15
Mansfield-0.67
10 Day High54.13
10 Day Low45.74
20 Day High54.13
20 Day Low45.74
52 Week High60.83
52 Week Low37.68
CS1 End49.13
CR1 Start58.41
Volume & EV
DER(3)1.33%
DER(5)0.23%
Volume512.70K
Volume Incr-7.76%
Vol(5)728.38K
Vol(50)723.81K