UNITED PARKS & RESORTS INC (PRKS) Stock Technical Analysis
NYSE:PRKS - New York Stock Exchange, Inc. - US81282V1008 - Common Stock - Currency: USD
Overall PRKS gets a technical rating of 7 out of 10. 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.
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.
In the last month PRKS has a been trading in the 43.99 - 54.13 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When compared to the yearly performance of all other stocks, PRKS outperforms 56% of them, which is more or less in line with the market.
PRKS is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 58% of 131 stocks in the same industry.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PRKS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 47.97, a Stop Loss order could be placed below this zone.
More info and screens
43.01
58.99
2 important support areas can be observed.
- A support zone ranging from 46.09 to 47.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @43.44 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @51.76 from a horizontal line in the weekly time frame.
- Resistance @53.27 from a horizontal line in the daily time frame.
- 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 | 56.5 | 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) | 58.91 | NEUTRAL | The RSI value for PRKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests PRKS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.22 | OVERBOUGHT | The high Stochastics value suggests PRKS may be overbought. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for PRKS suggests some volalility. |
| Average Directional Index/ADX (14) | 20.15 | NEUTRAL | The ADX value for PRKS suggests a possible start of a new 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 |
|---|---|---|---|
| 51.77 | 43.98 | 7.79 (15.05%) | 6.65% |
| An entry @51.77. This is a Buy Stop order right above the resistance zone. | An exit @43.98. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 7.79 points, which is 15.05%. | For a 1.00% total portfolio risk, you can invest 6.65% of your capital in this trade. |
- 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.
51.75
-1.51 (-2.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-2.84%
1 Week6.39%
2 Weeks10.98%
1 Month7.88%
3 Month5.12%
6 Month-1.58%
12 Month6.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.13
ATR(20)%3.91%
ATR Inc-1.87%
Range Today2.2
ADR(20)1.89
ADR(20)%3.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.5
Mansfield-0.62
10 Day High53.78
10 Day Low43.99
20 Day High54.13
20 Day Low43.99
52 Week High60.83
52 Week Low37.68
CS1 End47.97
CR1 Start51.76
Volume & EV
DER(3)0.48%
DER(5)1.21%
Volume1.20M
Volume Incr27.03%
Vol(5)1.10M
Vol(50)811.13K