UNITED PARKS & RESORTS INC (PRKS) Stock Technical Analysis
USA - NYSE:PRKS - US81282V1008 - Common Stock
52.24 USD
+0.17 (+0.33%)
52.21 USD
-0.03 (-0.06%)
We assign a technical rating of 6 out of 10 to PRKS. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PRKS is only an average performer.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
PRKS is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 73% of 135 stocks in the same industry.
In the last month PRKS has a been trading in the 50.11 - 55.71 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
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 56% 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.
PRKS has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 54.43. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 52.05, a Stop Loss order could be placed below this zone.
More info and screens
41.30
60.43
2 important support areas can be observed.
- A support zone ranging from 50.17 to 52.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.72 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 54.43 to 55.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @59.83 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 | UP | POSITIVE | The long term trend for PRKS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PRKS is neutral. |
| ChartMill Relative Strength | 56.3 | NEUTRAL | PRKS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PRKS is below 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) | 49.6 | NEUTRAL | The RSI value for PRKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests PRKS has a negative trend. |
| Stochastics (14,3) | 32.39 | NEUTRAL | The Stochastics value for PRKS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.36 | MEDIUM VOLATILITY | The ATR as a percentage value for PRKS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.19 | NEGATIVE | The low ADX value for PRKS suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 52.79 | 50.42 | 2.37 (4.49%) | 22.27% |
| An entry @52.79. This is a Buy Stop order right above the 10 day moving average. | An exit @50.42. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.37 points, which is 4.49%. | When investing 22.27% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of PRKS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
52.24
+0.17 (+0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.33%
1 Week3.18%
2 Weeks-5.38%
1 Month2.01%
3 Month8.9%
6 Month17.71%
12 Month-0.82%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.85
ATR(20)%3.36%
ATR Inc-41.51%
Range Today1.21
ADR(20)1.74
ADR(20)%3.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.3
Mansfield-0.64
10 Day High55.69
10 Day Low50.43
20 Day High55.71
20 Day Low50.11
52 Week High60.83
52 Week Low37.68
CS1 End52.05
CR1 Start54.43
Volume & EV
DER(3)-1.98%
DER(5)-0.76%
Volume714.00K
Volume Incr-10.6%
Vol(5)709.20K
Vol(50)937.10K