PowerShares Zacks Micro Cap ETF (PZI) Stock Technical Analysis
NYSEARCA:PZI - NYSE Arca -
We assign a technical rating of 6 out of 10 to PZI. PZI has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Warning: PZI has an average volume of 3050 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month PZI has a been trading in the 17.23 - 18.46 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, PZI turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
PZI 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 PZI is lagging the market slightly.
Volume is considerably higher in the last couple of days.
PZI has an average technical rating and it also does not offer a high quality setup 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
17.43
21.09
We found 1 important support area.
- A support zone ranging from 17.61 to 18.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.59 to 20.88. 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 PZI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PZI is up. |
| ChartMill Relative Strength | 49.77 | NEUTRAL | PZI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PZI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PZI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PZI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 74.13 | OVERBOUGHT | The high RSI value suggests PZI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests PZI has a positive trend. |
| Stochastics (14,3) | 97.91 | OVERBOUGHT | The high Stochastics value suggests PZI may be overbought. |
| Average True Range in percent/ATR (20) | 0.85 | LOW VOLATILITY | The low ATR as a percentage value for PZI suggests low volalility. |
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)
PowerShares Zacks Micro Cap ETF
NYSEARCA:PZI (2/20/2019, 8:10:33 PM)
18.44
+0.03 (+0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.14%
1 Week2.76%
2 Weeks3.42%
1 Month6.9%
3 Month2.44%
6 Month-10.62%
12 Month-1.55%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%0.85%
ATR Inc-37.31%
Range Today0.11
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.77
Mansfield-0.54
10 Day High18.46
10 Day Low17.44
20 Day High18.46
20 Day Low17.24
52 Week High20.95
52 Week Low15.36
CS1 End18.21
CR1 Start20.59
Volume & EV
DER(3)0%
DER(5)0.16%
Volume8.10K
Volume Incr49.48%
Vol(5)5.06K
Vol(50)3.05K