INVESCO OIL & GAS SERVICES E (PXJ) Stock Technical Analysis
USA - NYSEARCA:PXJ - US46137Y8729 - ETF
25.5601 USD
-1.34 (-4.98%)
25.65 USD
+0.09 (+0.35%)
Overall PXJ gets a technical rating of 2 out of 10. PXJ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, PXJ is a bad performer in the overall market: 78% of all stocks are doing better.
In the last month PXJ has a been trading in the 25.56 - 28.37 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: PXJ has an average volume of 7810 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
PXJ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PXJ is lagging the market.
The technical rating of PXJ is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
25.30
28.39
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.94 to 28.11. 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 | NEUTRAL | NEUTRAL | The long term trend for PXJ is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PXJ is neutral. |
| ChartMill Relative Strength | 22.83 | NEGATIVE | PXJ has a low relative strength, it was outperformed by 77.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PXJ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PXJ is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PXJ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.2 | NEUTRAL | The RSI value for PXJ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests PXJ has a negative trend. |
| Stochastics (14,3) | 14.68 | OVERSOLD | The low Stochastics value suggests PXJ may be oversold. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for PXJ suggests some volalility. |
| Average Directional Index/ADX (14) | 24.24 | NEUTRAL | The ADX value for PXJ suggests a possible start of a new 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)
25.5601
-1.34 (-4.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-4.98%
1 Week-7.16%
2 Weeks-9.06%
1 Month-6.78%
3 Month-1.29%
6 Month19.16%
12 Month-16.08%
2 Year-13.59%
3 Year2.45%
5 Year170.54%
10 Year-62.41%
15 Year-72.08%
Volatility
ATR(14)0.59
ATR(20)%2.15%
ATR Inc61.89%
Range Today0.81
ADR(20)0.43
ADR(20)%1.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.83
Mansfield-1.06
10 Day High28.13
10 Day Low25.56
20 Day High28.37
20 Day Low25.56
52 Week High30.75
52 Week Low19.38
CS1 EndN/A
CR1 Start27.94
Volume & EV
DER(3)-19.9%
DER(5)-12.37%
Volume18.10K
Volume Incr97.65%
Vol(5)12.70K
Vol(50)7.81K