PROVIDENT BANCORP INC (PVBC)
US74383L1052 - Common Stock
We assign a technical rating of 2 out of 10 to PVBC. PVBC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
PVBC is one of the better performing stocks in the Banks industry, it outperforms 77% of 411 stocks in the same industry.
In the last month PVBC has a been trading in the 7.36 - 9.45 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, which is what you like to see during a strong movement up.
Looking at the yearly performance, PVBC did better than 70% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
PVBC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PVBC is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of PVBC is bad and it also does not present a quality setup 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
8.79
10.58
We can see 3 important resistance areas.
- A resistance zone ranging from 9.33 to 9.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.59 from a horizontal line in the daily time frame.
- Resistance @10.48 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.73
Mansfield-0.89
10 Day High9.35
10 Day Low7.36
20 Day High9.45
20 Day Low7.36
52 Week High11.52
52 Week Low5.76
Performance
1 Week20.98%
2 Weeks16.24%
1 Month8.48%
3 Month-17.42%
6 Month-5.37%
12 Month36.75%
2 Year-41.33%
3 Year-42.94%
5 Year-61.88%
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)0.13
RSI(14)63.78
LBB7.21
UBB9.2
PROVIDENT BANCORP INC
NASDAQ:PVBC (4/26/2024, 3:30:01 PM)
8.88
-0.46 (-4.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-4.93%
1 Week20.98%
2 Weeks16.24%
1 Month8.48%
3 Month-17.42%
6 Month-5.37%
12 Month36.75%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.41
ATR(20)%4.22%
ATR Inc
Range Today0.58
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.35
10 Day Low7.36
20 Day High9.45
20 Day Low7.36
52 Week High11.52
52 Week Low5.76
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume44.59K
Volume Incr22.65%
Vol(5)60.30K
Vol(50)40.44K