PIVOTAL SOFTWARE INC (PVTL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PVTL -
Taking everything into account, PVTL scores 6 out of 10 in our technical rating. Although PVTL is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
PVTL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 15.00, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PVTL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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14.69
We found 1 important support area.
- A support zone ranging from 14.84 to 15.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 15.00 to 15.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.17 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 PVTL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PVTL is up. |
| ChartMill Relative Strength | 19.94 | NEGATIVE | PVTL has a low relative strength, it was outperformed by 80.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PVTL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PVTL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PVTL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.26 | NEUTRAL | The RSI value for PVTL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PVTL has a negative trend. |
| Stochastics (14,3) | 79.63 | NEUTRAL | The Stochastics value for PVTL is a neutral value. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for PVTL suggests low volalility. |
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 |
|---|---|---|---|
| 15.01 | 14.97 | 0.04 (0.28%) | 25.00% |
| An entry @15.01. This is a Buy Stop order right above the 10 day moving average. | An exit @14.97. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.04 points, which is 0.28%. | For a 0.07% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
15
-0.02 (-0.13%)
PIVOTAL SOFTWARE INC / PVTL FAQ
Can you provide the ChartMill technical rating for PIVOTAL SOFTWARE INC?
ChartMill assigns a technical rating of 6 / 10 to PVTL.
What is the current trend direction of PIVOTAL SOFTWARE INC (PVTL) stock?
The current trend direction for PIVOTAL SOFTWARE INC (PVTL) is Bullish.
What is the RSI signal for PVTL stock?
PIVOTAL SOFTWARE INC (PVTL) has an RSI value of 52.2591. This indicates that the stock is currently neutral.
What is the short term momentum for PVTL stock?
The short term momentum for PIVOTAL SOFTWARE INC (PVTL) is positive.
Can you provide the support and resistance levels for PIVOTAL SOFTWARE INC?
PIVOTAL SOFTWARE INC (PVTL) has a support level at 15 and a resistance level at 15. Check the full technical report for our detailed analysis of PVTL support and resistance levels.