PERELLA WEINBERG PARTNERS (PWP) Stock Technical Analysis
USA - NASDAQ:PWP - US71367G1022 - Common Stock
Taking everything into account, PWP scores 0 out of 10 in our technical rating. PWP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
PWP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 20.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 18.09, a Stop Loss order could be placed below this zone.
More info and screens
16.29
We found 3 important support areas.
- A support zone ranging from 18.02 to 18.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 17.60 to 17.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.45 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 20.36 to 20.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 22.04 to 22.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.83 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 | DOWN | NEGATIVE | The long term trend for PWP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PWP is neutral. |
| ChartMill Relative Strength | 14.35 | NEGATIVE | PWP has a low relative strength, it was outperformed by 85.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PWP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PWP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PWP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.04 | NEUTRAL | The RSI value for PWP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests PWP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.55 | NEUTRAL | The Stochastics value for PWP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.86 | MEDIUM VOLATILITY | The ATR as a percentage value for PWP suggests some volalility. |
| Average Directional Index/ADX (14) | 23.23 | NEUTRAL | The ADX value for PWP suggests a possible start of a new trend. |
18.7
-0.66 (-3.41%)
PERELLA WEINBERG PARTNERS / PWP FAQ
What is the technical rating for PWP stock?
ChartMill assigns a technical rating of 0 / 10 to PWP.
What is the current trend direction of PERELLA WEINBERG PARTNERS (PWP) stock?
The current trend direction for PERELLA WEINBERG PARTNERS (PWP) is Bearish.
Can you provide the RSI signal for PERELLA WEINBERG PARTNERS?
PERELLA WEINBERG PARTNERS (PWP) has an RSI value of 43.0359. This indicates that the stock is currently neutral.
What is the MACD signal for PERELLA WEINBERG PARTNERS (PWP) stock?
The MACD indicator for PERELLA WEINBERG PARTNERS (PWP) has a value of 0.0722635, indicating a bearish trend.
Can you provide the short term momentum for PERELLA WEINBERG PARTNERS?
The short term momentum for PERELLA WEINBERG PARTNERS (PWP) is neutral.