PERELLA WEINBERG PARTNERS (PWP) Stock Technical Analysis
NASDAQ:PWP - Nasdaq - US71367G1022 - Common Stock - Currency: USD
Overall PWP gets a technical rating of 2 out of 10. PWP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
PWP is one of the better performing stocks in the Capital Markets industry, it outperforms 73% of 232 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that PWP is one of the better performing stocks in the market, outperforming 75% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
PWP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PWP is lagging the market slightly.
In the last month PWP has a been trading in the 16.98 - 19.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PWP has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
15.91
26.10
When analyzing the support we can see 2 important areas.
- A support zone ranging from 17.37 to 17.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.07 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 18.84 to 19.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.84 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 | 75.03 | POSITIVE | PWP has a high relative strength, it outperformed 75.03% off all stocks 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) | DOWN | NEGATIVE | The current price of PWP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.5 | NEUTRAL | The RSI value for PWP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PWP has a positive trend. |
| Stochastics (14,3) | 45.77 | NEUTRAL | The Stochastics value for PWP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for PWP suggests some volalility. |
| Average Directional Index/ADX (14) | 17.24 | 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)
18.65
+0.9 (+5.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg5.07%
1 Week7.37%
2 Weeks5.73%
1 Month6.82%
3 Month-7.99%
6 Month-27.15%
12 Month28.98%
2 Year123.89%
3 Year219.9%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.7
ATR(20)%4.38%
ATR Inc3.53%
Range Today0.73
ADR(20)0.78
ADR(20)%4.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.03
Mansfield-1.21
10 Day High18.66
10 Day Low16.98
20 Day High19.8
20 Day Low16.98
52 Week High27.03
52 Week Low13.82
CS1 End17.73
CR1 Start18.84
Volume & EV
DER(3)7.76%
DER(5)7.22%
Volume968.10K
Volume Incr-11.71%
Vol(5)909.42K
Vol(50)981.10K