PROVIDENT BANCORP INC (PVBC) Technical Analysis
NASDAQ:PVBC • US74383L1052
Current stock price
PVBC Technical Rating and Analysis
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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that PVBC is one of the better performing stocks in the market, outperforming 84% of all stocks.
- PVBC is part of the Banks industry. There are 381 other stocks in this industry. PVBC outperforms 90% of them.
- PVBC is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PVBC is leading the market.
- In the last month PVBC has a been trading in the 12.37 - 13.75 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days.
PVBC Weekly and Daily overview Charts
PVBC Setup Rating and Analysis
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
PVBC Support and Resistance Analysis
11.25
When analyzing the support we can see 2 important 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.
PVBC Technical Indicator Signal Analysis
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. |
PVBC Chart- and CandleStick Pattern Analysis
PVBC Technicals: Chart, Performance Metrics, Trend & Indicators
13.5
+0.4 (+3.05%)
PROVIDENT BANCORP INC / PVBC TA 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 current trend direction of PROVIDENT BANCORP INC (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.
What is the short term momentum for PROVIDENT BANCORP INC (PVBC) stock?
The short term momentum for PROVIDENT BANCORP INC (PVBC) is positive.
What is the buy/sell signal for PVBC stock?
The buy/sell signal for PROVIDENT BANCORP INC (PVBC) is buy as both the short term and long term trends are positive.