NASDAQ:PWP - Nasdaq - US71367G1022 - Common Stock - Currency: USD
Overall PWP gets a technical rating of 7 out of 10. In the last year, PWP was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Besides having an excellent technical rating, PWP also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 21.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.96, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
15.77
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice one important area.
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 | 75.02 | POSITIVE | PWP has a high relative strength, it outperformed 75.02% 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) | UP | POSITIVE | The current price of PWP is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of PWP is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 65.11 | NEUTRAL | The RSI value for PWP is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PWP has a positive trend. |
Stochastics (14,3) | 59.41 | NEUTRAL | The Stochastics value for PWP is a neutral value. |
Average True Range in percent/ATR (20) | 3.55 | MEDIUM VOLATILITY | The ATR as a percentage value for PWP suggests some volalility. |
Average Directional Index/ADX (14) | 16.16 | NEGATIVE | The low ADX value for PWP suggests a weak or negative trend. |
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 |
---|---|---|---|
21.03 | 18.91 | 2.12 (10.08%) | 9.92% |
An entry @21.03. This is a Buy Stop order right above the resistance zone. | An exit @18.91. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.12 points, which is 10.08%. | When investing 9.92% of your capital in this trade, your total portfolio risk will be 1.00%. |
21.01
+0.75 (+3.7%)