Taking everything into account, PVBC scores 9 out of 10 in our technical rating. 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.
Although PVBC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
11.25
We found 2 important support areas.
- A support zone ranging from 12.14 to 12.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.36 from a trend 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 | UP | POSITIVE | The long term trend for PVBC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PVBC is up. |
| ChartMill Relative Strength | 84.43 | POSITIVE | PVBC has a high relative strength, it outperformed 84.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PVBC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PVBC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PVBC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.58 | OVERBOUGHT | The high RSI value suggests PVBC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests PVBC has a positive trend. |
| Stochastics (14,3) | 71.03 | NEUTRAL | The Stochastics value for PVBC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for PVBC suggests low volalility. |
| Average Directional Index/ADX (14) | 25.84 | POSITIVE | The high ADX value value for PVBC suggests a strong trend. |
13.5
+0.4 (+3.05%)
PROVIDENT BANCORP INC / PVBC FAQ
What is the ChartMill technical rating of PROVIDENT BANCORP INC (PVBC) stock?
ChartMill assigns a technical rating of 9 / 10 to PVBC.
What is the trend direction for PVBC stock?
The current trend direction for PROVIDENT BANCORP INC (PVBC) is Bullish.
What is the RSI signal for PROVIDENT BANCORP INC (PVBC) stock?
PROVIDENT BANCORP INC (PVBC) has an RSI value of 76.5798. This indicates that the stock is currently overbought.
Can you provide the MACD signal for PROVIDENT BANCORP INC?
The MACD indicator for PROVIDENT BANCORP INC (PVBC) has a value of 0.0652606, indicating a bearish trend.
Can you provide the buy/sell signal for PROVIDENT BANCORP INC?
The buy/sell signal for PROVIDENT BANCORP INC (PVBC) is buy as both the short term and long term trends are positive.