POWER REIT (PW) Stock Technical Analysis
NYSEARCA:PW - NYSE Arca - US73933H1014 - REIT - Currency: USD
Overall PW gets a technical rating of 5 out of 10. In the past year, PW was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, PW is a bad performer in the overall market: 71% of all stocks are doing better.
PW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: PW has an average volume of 16864 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
PW is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
PW is part of the Specialized REITs industry. There are 30 other stocks in this industry, PW did better than 41% of them.
Although the technical rating is only medium, PW does present a nice setup opportunity. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.01
1.26
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.14 to 1.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.09 to 1.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 1.02 to 1.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.18 to 1.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.22 from a horizontal line in the daily time frame.
- Resistance @1.25 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for PW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PW is up. |
| ChartMill Relative Strength | 29.36 | NEGATIVE | PW has a low relative strength, it was outperformed by 70.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.15 | NEUTRAL | The RSI value for PW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.42 | NEUTRAL | The Stochastics value for PW is a neutral value. |
| Average True Range in percent/ATR (20) | 3.74 | MEDIUM VOLATILITY | The ATR as a percentage value for PW suggests some volalility. |
| Average Directional Index/ADX (14) | 29.63 | POSITIVE | The high ADX value value for PW suggests a strong trend. |
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)
1.18
+0 (+0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg0.02%
1 Week0.85%
2 Weeks5.36%
1 Month7.27%
3 Month2.61%
6 Month-2.48%
12 Month-4.84%
2 Year-30.18%
3 Year-92.36%
5 Year-95.46%
10 Year-75.67%
15 Year-88.87%
Volatility
ATR(14)0.05
ATR(20)%3.74%
ATR Inc4.42%
Range Today0.07
ADR(20)0.04
ADR(20)%3.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.36
Mansfield-0.85
10 Day High1.26
10 Day Low1.09
20 Day High1.26
20 Day Low1.08
52 Week High2.75
52 Week Low0.63
CS1 End1.15
CR1 Start1.18
Volume & EV
DER(3)-13.97%
DER(5)-4.48%
Volume19.10K
Volume Incr57.13%
Vol(5)28.37K
Vol(50)16.86K