PROPETRO HOLDING CORP (PUMP) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:PUMP • US74347M1080
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.
- Both the short term and long term trends are positive. This is a very positive sign.
- PUMP is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month PUMP has a been trading in the 9.13 - 11.87 range, which is quite wide. It is currently trading near the high of this range.
- PUMP has an average volume of 2528000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that PUMP is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- PUMP is an average performer in the Energy Equipment & Services industry, it outperforms 60% of 61 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, PUMP also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
9.08
3 important support areas can be observed.
- Support @10.65 from a horizontal line in the daily time frame.
- A support zone ranging from 9.64 to 9.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.17 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 | 81.7 | POSITIVE | PUMP has a high relative strength, it outperformed 81.7% 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) | 67.88 | NEUTRAL | The RSI value for PUMP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests PUMP has a positive trend. |
| Stochastics (14,3) | 76.01 | NEUTRAL | The Stochastics value for PUMP is a neutral value. |
| Average True Range in percent/ATR (20) | 5.75 | HIGH VOLATILITY | The high ATR as a percentage value for PUMP suggests high volalility. |
| Average Directional Index/ADX (14) | 34.3 | POSITIVE | The high ADX value value for PUMP suggests a strong trend. |
11.49
+0.05 (+0.44%)
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.
Can you provide the trend direction for PROPETRO HOLDING CORP?
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 67.8792. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PROPETRO HOLDING CORP?
The short term momentum for PROPETRO HOLDING CORP (PUMP) is positive.
What is the buy/sell signal for PROPETRO HOLDING CORP (PUMP) stock?
The buy/sell signal for PROPETRO HOLDING CORP (PUMP) is buy as both the short term and long term trends are positive.