PROPETRO HOLDING CORP (PUMP) Stock Technical Analysis
NYSE:PUMP - New York Stock Exchange, Inc. - US74347M1080 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to PUMP. In the past year, PUMP 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
89% of all other stocks performed better in the past year than PUMP.
PUMP is part of the Energy Equipment & Services industry. There are 63 other stocks in this industry, of which 61% are performing better than PUMP.
PUMP 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
PUMP has an average volume of 1739790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PUMP has a been trading in the 5.31 - 6.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of PUMP is bad and it also does not present a quality setup 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.
More info and screens
5.34
10.80
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.71 to 5.76. 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 5.39 to 5.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 6.46 to 6.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.73 from a horizontal line in the daily time frame.
- Resistance @10.69 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 | DOWN | NEGATIVE | The long term trend for PUMP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PUMP is neutral. |
| ChartMill Relative Strength | 11.27 | NEGATIVE | PUMP has a low relative strength, it was outperformed by 88.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PUMP is below 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) | DOWN | NEGATIVE | The current price of PUMP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.09 | NEUTRAL | The RSI value for PUMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests PUMP has a negative trend. |
| Stochastics (14,3) | 29.58 | NEUTRAL | The Stochastics value for PUMP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.13 | HIGH VOLATILITY | The high ATR as a percentage value for PUMP suggests high volalility. |
| Average Directional Index/ADX (14) | 27.62 | POSITIVE | The high ADX value value for PUMP suggests a strong 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)
6.06
+0.09 (+1.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.51%
1 Week-8.87%
2 Weeks-5.46%
1 Month11.19%
3 Month-17.89%
6 Month-32.96%
12 Month-30.1%
2 Year-26.46%
3 Year-39.4%
5 Year17.9%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%5.13%
ATR Inc-40.43%
Range Today0.21
ADR(20)0.29
ADR(20)%4.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.27
Mansfield-2.57
10 Day High6.89
10 Day Low5.91
20 Day High6.89
20 Day Low5.31
52 Week High11.17
52 Week Low4.61
CS1 End5.76
CR1 Start6.46
Volume & EV
DER(3)2.74%
DER(5)1.7%
Volume1.22M
Volume Incr64.74%
Vol(5)2.45M
Vol(50)1.74M