PROVIDENT BANCORP INC (PVBC)
US74383L1052 - Common Stock
We assign a technical rating of 7 out of 10 to PVBC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PVBC is showing a nice and steady performance.
Warning: PVBC has an average volume of 27242 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, PVBC did better than 92% of all other stocks.
PVBC is part of the Banks industry. There are 416 other stocks in this industry. PVBC outperforms 96% of them.
PVBC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PVBC is lagging the market slightly.
In the last month PVBC has a been trading in the 9.18 - 9.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, PVBC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 9.73, a Stop Loss order could be placed below this zone.
More info and screens
6.55
10.18
We found 3 important support areas.
- A support zone ranging from 9.59 to 9.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.20 to 9.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.62 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @9.81 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 9.99 to 10.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.22
Mansfield0.52
10 Day High9.95
10 Day Low9.41
20 Day High9.95
20 Day Low9.18
52 Week High10.43
52 Week Low5.76
Performance
1 Week-0.71%
2 Weeks1.67%
1 Month2.95%
3 Month-1.51%
6 Month21.85%
12 Month47.43%
2 Year-46.11%
3 Year-3.37%
5 Year-64.09%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)55.27
LBB9.36
UBB9.95
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 |
|---|---|---|---|
| 9.82 | 9.58 | 0.24 (2.44%) | 25.00% |
| An entry @9.82. This is a Buy Stop order right above the resistance zone. | An exit @9.58. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.24 points, which is 2.44%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.61%. |
- The distance between exit and entry is rather small compared to the average daily movement of PVBC. Please evaluate whether better entry and exit points can be found.
- 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.
PROVIDENT BANCORP INC
NASDAQ:PVBC (11/30/2023, 3:30:01 PM)
9.76
-0.03 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.31%
1 Week-0.71%
2 Weeks1.67%
1 Month2.95%
3 Month-1.51%
6 Month21.85%
12 Month47.43%
2 Year-46.11%
3 Year-3.37%
5 Year-64.09%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%2.15%
ATR Inc-4.38%
Range Today0.24
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.22
Mansfield0.52
10 Day High9.95
10 Day Low9.41
20 Day High9.95
20 Day Low9.18
52 Week High10.43
52 Week Low5.76
CS1 End9.73
CR1 Start9.81
Volume & EV
DER(3)-9.57%
DER(5)-3.89%
Volume34.80K
Volume Incr-8.9%
Vol(5)26.66K
Vol(50)27.24K