PERELLA WEINBERG PARTNERS (PWP) Stock Technical Analysis
USA - NASDAQ:PWP - US71367G1022 - Common Stock
22.25 USD
-0.42 (-1.85%)
22.25 USD
0 (0%)
Taking everything into account, PWP scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
PWP is part of the Capital Markets industry. There are 238 other stocks in this industry. PWP outperforms 78% of them.
In the last month PWP has a been trading in the 20.74 - 22.84 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
PWP has an average volume of 1147950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, PWP did better than 81% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
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 has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 22.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.03, a Stop Loss order could be placed below this zone.
More info and screens
16.00
23.06
We found 5 important support areas.
- A support zone ranging from 21.73 to 22.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.80 to 21.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.12 from a horizontal line in the daily time frame.
- Support @17.15 from a trend line in the weekly time frame.
- Support @16.16 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.40 to 22.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for PWP is neutral. |
| ChartMill Relative Strength | 81.12 | POSITIVE | PWP has a high relative strength, it outperformed 81.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PWP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PWP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PWP is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.11 | NEUTRAL | The RSI value for PWP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests PWP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.22 | NEUTRAL | The Stochastics value for PWP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for PWP suggests some volalility. |
| Average Directional Index/ADX (14) | 10.07 | NEGATIVE | The low ADX value for PWP suggests a weak or negative 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)
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 |
|---|---|---|---|
| 22.84 | 21.72 | 1.12 (4.90%) | 20.39% |
| An entry @22.84. This is a Buy Stop order right above the resistance zone. | An exit @21.72. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.12 points, which is 4.90%. | For a 1.00% total portfolio risk, you can invest 20.39% of your capital in this trade. |
- 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.
22.25
-0.42 (-1.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.85%
1 Week2.39%
2 Weeks-0.67%
1 Month-0.45%
3 Month26.13%
6 Month14.22%
12 Month20.4%
2 Year118.57%
3 Year251.5%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%3.91%
ATR Inc6.53%
Range Today1.08
ADR(20)0.86
ADR(20)%3.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.12
Mansfield-0.49
10 Day High22.75
10 Day Low20.74
20 Day High22.84
20 Day Low20.74
52 Week High27.03
52 Week Low14.12
CS1 End22.03
CR1 Start22.4
Volume & EV
DER(3)-9.72%
DER(5)-6.02%
Volume864.20K
Volume Incr-20.09%
Vol(5)939.38K
Vol(50)1.15M