PROPETRO HOLDING CORP (PUMP) Stock Technical Analysis
USA - NYSE:PUMP - US74347M1080 - Common Stock
Taking everything into account, PUMP scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, PUMP has proven to be a steady performer, scoring decent points in every aspect analyzed.
PUMP has an excellent technical rating, but the quality of the setup is only medium 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.
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5.52
When analyzing the support we can see 2 important areas.
- Support @9.70 from a horizontal line in the daily time frame.
- Support @5.58 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @10.91 from a horizontal line in the weekly time frame.
- Resistance @11.11 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 PUMP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PUMP is up. |
| ChartMill Relative Strength | 95.08 | POSITIVE | PUMP has a high relative strength, it outperformed 95.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PUMP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PUMP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PUMP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.01 | NEUTRAL | The RSI value for PUMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests PUMP has a negative trend. |
| Stochastics (14,3) | 66.48 | NEUTRAL | The Stochastics value for PUMP is a neutral value. |
| Average True Range in percent/ATR (20) | 8.83 | HIGH VOLATILITY | The high ATR as a percentage value for PUMP suggests high volalility. |
| Average Directional Index/ADX (14) | 47.31 | POSITIVE | The high ADX value value for PUMP suggests a strong trend. |
9.92
+0.21 (+2.16%)
PROPETRO HOLDING CORP / PUMP FAQ
What is the ChartMill technical rating of PROPETRO HOLDING CORP (PUMP) stock?
ChartMill assigns a technical rating of 9 / 10 to PUMP.
What is the trend direction for PUMP stock?
The current trend direction for PROPETRO HOLDING CORP (PUMP) is Bullish.
What is the RSI signal for PROPETRO HOLDING CORP (PUMP) stock?
PROPETRO HOLDING CORP (PUMP) has an RSI value of 62.0102. This indicates that the stock is currently neutral.
What is the buy/sell signal for PUMP stock?
The buy/sell signal for PROPETRO HOLDING CORP (PUMP) is buy as both the short term and long term trends are positive.
What is the support and resistance level for PUMP stock?
PROPETRO HOLDING CORP (PUMP) has a support level at 9.7 and a resistance level at 10.91. Check the full technical report for our detailed analysis of PUMP support and resistance levels.