PROSPERITY BANCSHARES INC (PB)

US7436061052 - Common Stock

74.95  +0.84 (+1.13%)

After market: 74.95 0 (0%)

Technical Rating and Analysis

3

Taking everything into account, PB scores 3 out of 10 in our technical rating. PB has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

In the last month PB has a been trading in the 73.50 - 86.75 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.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, PB turns out to be only a medium performer in the overall market: it outperformed 66% of all stocks.
PB is an average performer in the Banks industry, it outperforms 48% of 406 stocks in the same industry.
PB 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 PB is lagging the market slightly.
Weekly and Daily overview Charts
PB Weekly chart
PB Daily chart
Setup Rating and Analysis

3

The technical rating of PB is bad and it also does not present a 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.

Support and Resistance Analysis

62.25

85.92

We found 3 important support areas.

  • Support @71.47 from a horizontal line in the daily time frame.
  • A support zone ranging from 69.05 to 70.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @62.88 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 77.36 to 78.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 84.30 to 85.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.46
Mansfield0.06
10 Day High82.53
10 Day Low73.5
20 Day High86.76
20 Day Low73.5
52 Week High86.76
52 Week Low57.16
Performance
1 Week-6.34%
2 Weeks-8.52%
1 Month-8.97%
3 Month3.24%
6 Month27.49%
12 Month11.3%
2 Year3.12%
3 Year3.67%
5 Year4.26%
10 Year35.39%
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)-1.17
RSI(14)31.48
LBB73.98
UBB85.83
PB Daily chart

PROSPERITY BANCSHARES INC

NYSE:PB (12/20/2024, 8:04:00 PM)

After market: 74.95 0 (0%)

74.95

+0.84 (+1.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.13%
1 Week-6.34%
2 Weeks-8.52%
1 Month-8.97%
3 Month3.24%
6 Month27.49%
12 Month11.3%
2 Year3.12%
3 Year3.67%
5 Year4.26%
10 Year35.39%
15 YearN/A
Volatility
ATR(14)1.83
ATR(20)%2.38%
ATR Inc78.93%
Range Today2.51
ADR(20)1.73
ADR(20)%2.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS66.46
Mansfield0.06
10 Day High82.53
10 Day Low73.5
20 Day High86.76
20 Day Low73.5
52 Week High86.76
52 Week Low57.16
CS1 End71.47
CR1 Start77.36
Volume & EV
DER(3)0.65%
DER(5)0.8%
Volume1.31M
Volume Incr71.82%
Vol(5)719.34K
Vol(50)558.52K