PUTNAM FOCUSED LRG CAP VALUE (PVAL) Stock Technical Analysis
NYSEARCA:PVAL - NYSE Arca - US7467293004 - ETF - Currency: USD
Taking everything into account, PVAL scores 8 out of 10 in our technical rating. Although PVAL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
PVAL is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the performance of all stocks over the past year, PVAL turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
In the last month PVAL has a been trading in a tight range between 38.08 and 40.34.
PVAL 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.
More info and screens
33.82
40.54
When analyzing the support we can see 3 important areas.
- A support zone ranging from 37.85 to 39.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @35.20 from a trend line in the weekly time frame.
- A support zone ranging from 34.16 to 34.37. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 40.14 to 40.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 PVAL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PVAL is up. |
| ChartMill Relative Strength | 63.08 | NEUTRAL | PVAL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PVAL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PVAL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PVAL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.66 | NEUTRAL | The RSI value for PVAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests PVAL has a positive trend. |
| Stochastics (14,3) | 86.81 | OVERBOUGHT | The high Stochastics value suggests PVAL may be overbought. |
| Average True Range in percent/ATR (20) | 0.94 | LOW VOLATILITY | The low ATR as a percentage value for PVAL suggests low volalility. |
| Average Directional Index/ADX (14) | 22.64 | NEUTRAL | The ADX value for PVAL suggests a possible start of a new 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 |
|---|---|---|---|
| 40.15 | 38.92 | 1.23 (3.07%) | 25.00% |
| An entry @40.15. This is a Buy Stop order right above the resistance zone. | An exit @38.92. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.23 points, which is 3.07%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.77%. |
- 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.
40.13
+0.11 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.27%
1 Week2.53%
2 Weeks1.93%
1 Month4.4%
3 Month6.62%
6 Month7.16%
12 Month10.55%
2 Year36.58%
3 Year63.8%
5 Year49.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%0.94%
ATR Inc11.25%
Range Today0.37
ADR(20)0.35
ADR(20)%0.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.08
Mansfield-0.08
10 Day High40.34
10 Day Low38.93
20 Day High40.34
20 Day Low38.08
52 Week High40.34
52 Week Low32.83
CS1 End39.99
CR1 Start40.14
Volume & EV
DER(3)12.32%
DER(5)8.68%
Volume608.50K
Volume Incr-3.28%
Vol(5)690.28K
Vol(50)685.24K