PIONEER MERGER CORP -CLASS A (PACX) Stock Technical Analysis
NASDAQ:PACX - Nasdaq - KYG7S24C1034 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to PACX. Although PACX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
PACX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PACX is lagging the market slightly.
When comparing the performance of all stocks over the past year, PACX turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
In the last month PACX has a been trading in a tight range between 10.08 and 10.32.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, PACX also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 10.18, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.60
10.31
We found 2 important support areas.
- A support zone ranging from 10.09 to 10.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.70 to 9.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 10.21 to 10.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.76
Mansfield0.47
10 Day High10.33
10 Day Low10.11
20 Day High10.33
20 Day Low10.08
52 Week High10.33
52 Week Low9.72
Performance
1 Week0.1%
2 Weeks0.69%
1 Month1.17%
3 Month2.2%
6 Month3.45%
12 Month3.34%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)80
LBB10.1
UBB10.23
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 |
|---|---|---|---|
| 10.22 | 10.10 | 0.12 (1.17%) | 25.00% |
| An entry @10.22. This is a Buy Stop order right above the resistance zone. | An exit @10.10. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.12 points, which is 1.17%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.29%. |
- 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.
10.2
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.1%
2 Weeks0.69%
1 Month1.17%
3 Month2.2%
6 Month3.45%
12 Month3.34%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.3%
ATR Inc16.61%
Range Today0.04
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
CRS65.76
Mansfield0.47
10 Day High10.33
10 Day Low10.11
20 Day High10.33
20 Day Low10.08
52 Week High10.33
52 Week Low9.72
CS1 End10.18
CR1 Start10.21
Volume & EV
DER(3)-2.21%
DER(5)-2.38%
Volume3.25M
Volume Incr15.48%
Vol(5)968.94K
Vol(50)479.21K