UNITED PARKS & RESORTS INC (PRKS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PRKS - US81282V1008 - Common Stock
Overall PRKS gets a technical rating of 2 out of 10. In the past year, PRKS was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, PRKS is a bad performer in the overall market: 89% of all stocks are doing better.
- PRKS is part of the Hotels, Restaurants & Leisure industry. There are 133 other stocks in this industry, of which 78% are performing better than PRKS.
- PRKS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- PRKS has an average volume of 1250060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- In the last month PRKS has a been trading in the 34.20 - 39.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
PRKS has a bad 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 very little resistance above the current price. There is a support zone below the current price at 37.20, a Stop Loss order could be placed below this zone.
More info and screens
34.30
2 important support areas can be observed.
- A support zone ranging from 36.41 to 37.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 34.65 to 34.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @37.87 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 38.66 to 38.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @53.60 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 | DOWN | NEGATIVE | The long term trend for PRKS is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PRKS is up. |
| ChartMill Relative Strength | 11.12 | NEGATIVE | PRKS has a low relative strength, it was outperformed by 88.88% off all stocks 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) | DOWN | MIXED | The current price of PRKS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PRKS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.84 | NEUTRAL | The RSI value for PRKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests PRKS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.56 | NEUTRAL | The Stochastics value for PRKS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for PRKS suggests some volalility. |
| Average Directional Index/ADX (14) | 18.18 | NEGATIVE | The low ADX value for PRKS suggests a weak or negative trend. |
37.86
-0.23 (-0.6%)
UNITED PARKS & RESORTS INC / PRKS FAQ
Can you provide the ChartMill technical rating for UNITED PARKS & RESORTS INC?
ChartMill assigns a technical rating of 2 / 10 to PRKS.
Can you provide the trend direction for UNITED PARKS & RESORTS INC?
The current trend direction for UNITED PARKS & RESORTS INC (PRKS) is Bearish.
Can you provide the RSI signal for UNITED PARKS & RESORTS INC?
UNITED PARKS & RESORTS INC (PRKS) has an RSI value of 56.8352. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for UNITED PARKS & RESORTS INC?
The buy/sell signal for UNITED PARKS & RESORTS INC (PRKS) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for UNITED PARKS & RESORTS INC (PRKS) stock?
UNITED PARKS & RESORTS INC (PRKS) has a support level at 37.2 and a resistance level at 37.87. Check the full technical report for our detailed analysis of PRKS support and resistance levels.