UNITED PARKS & RESORTS INC (PRKS) Stock Technical Analysis
USA - NYSE:PRKS - US81282V1008 - Common Stock
51.72 USD
+1.45 (+2.88%)
51.72 USD
0 (0%)
Overall PRKS gets a technical rating of 6 out of 10. 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.
In the last month PRKS has a been trading in the 49.66 - 56.95 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
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 53% of all stocks.
PRKS is part of the Hotels, Restaurants & Leisure industry. There are 134 other stocks in this industry, PRKS did better than 63% of them.
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.
Although the technical rating is only medium, PRKS 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 53.45. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 51.32, a Stop Loss order could be placed below this zone.
More info and screens
41.30
56.25
4 important support areas can be observed.
- A support zone ranging from 50.17 to 51.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @46.62 from a horizontal line in the weekly time frame.
- Support @45.05 from a trend line in the daily time frame.
- Support @41.72 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 53.45 to 54.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @55.69 from a horizontal line in the daily 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 | 53.24 | 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) | 52.09 | NEUTRAL | The RSI value for PRKS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests PRKS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.98 | 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) | 18.06 | 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 |
|---|---|---|---|
| 54.45 | 50.16 | 4.29 (7.88%) | 12.69% |
| An entry @54.45. This is a Buy Stop order right above the resistance zone. | An exit @50.16. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.29 points, which is 7.88%. | For a 1.00% total portfolio risk, you can invest 12.69% 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.
51.72
+1.45 (+2.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg2.88%
1 Week1%
2 Weeks2.09%
1 Month0.31%
3 Month9.28%
6 Month11.71%
12 Month0.9%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.58
ATR(20)%3.16%
ATR Inc-10.83%
Range Today1.79
ADR(20)1.54
ADR(20)%2.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.24
Mansfield-0.76
10 Day High52.7
10 Day Low50.11
20 Day High56.95
20 Day Low49.66
52 Week High60.83
52 Week Low37.68
CS1 End51.32
CR1 Start53.45
Volume & EV
DER(3)-0.27%
DER(5)-0.94%
Volume714.90K
Volume Incr-37.6%
Vol(5)725.12K
Vol(50)990.34K