PERELLA WEINBERG PARTNERS (PWP) Technical Analysis
NASDAQ:PWP • US71367G1022
Current stock price
PWP Technical Rating and Analysis
Overall PWP gets a technical rating of 7 out of 10. Although PWP is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- PWP is part of the Capital Markets industry. There are 240 other stocks in this industry. PWP outperforms 77% of them.
- PWP 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.
- When compared to the yearly performance of all other stocks, PWP outperforms 61% of them, which is more or less in line with the market.
- PWP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PWP is lagging the market.
PWP Weekly and Daily overview Charts
PWP Setup Rating and Analysis
Besides having an excellent technical rating, PWP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 21.30, a Stop Loss order could be placed below this zone.
More info and screens
PWP Support and Resistance Analysis
16.06
We found 3 important support areas.
- A support zone ranging from 21.00 to 21.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.13 to 19.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.22 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @21.39 from a trend line in the daily time frame.
- A resistance zone ranging from 22.69 to 22.81. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @23.26 from a horizontal line in the weekly time frame.
PWP 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 PWP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PWP is up. |
| ChartMill Relative Strength | 61.58 | NEUTRAL | PWP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PWP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PWP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PWP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.06 | OVERBOUGHT | The high RSI value suggests PWP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests PWP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.31 | NEUTRAL | The Stochastics value for PWP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for PWP suggests some volalility. |
| Average Directional Index/ADX (14) | 31.03 | POSITIVE | The high ADX value value for PWP suggests a strong trend. |
PWP Chart- and CandleStick Pattern Analysis
PWP Example Setup
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 |
|---|---|---|---|
| 21.40 | 20.99 | 0.41 (1.92%) | 25.00% |
| An entry @21.40. This is a Buy Stop order right above the resistance zone. | An exit @20.99. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.41 points, which is 1.92%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.48%. |
- The distance between exit and entry is rather small compared to the average daily movement of PWP. Please evaluate whether better entry and exit points can be found.
- 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.
PWP Technicals: Chart, Performance Metrics, Trend & Indicators
21.31
-0.19 (-0.88%)
PERELLA WEINBERG PARTNERS / PWP TA FAQ
What is the technical rating for PWP stock?
ChartMill assigns a technical rating of 7 / 10 to PWP.
Can you provide the trend direction for PERELLA WEINBERG PARTNERS?
The current trend direction for PERELLA WEINBERG PARTNERS (PWP) is Bullish.
What is the RSI signal for PWP stock?
PERELLA WEINBERG PARTNERS (PWP) has an RSI value of 70.0566. This indicates that the stock is currently overbought.
What is the MACD signal for PERELLA WEINBERG PARTNERS (PWP) stock?
The MACD indicator for PERELLA WEINBERG PARTNERS (PWP) has a value of 0.317654, indicating a bearish trend.
What are the support and resistance levels for PERELLA WEINBERG PARTNERS (PWP) stock?
PERELLA WEINBERG PARTNERS (PWP) has a support level at 21.3 and a resistance level at 21.39. Check the full technical report for our detailed analysis of PWP support and resistance levels.