PIEDMONT REALTY TRUST INC (PDM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PDM - US7201902068 - REIT
Overall PDM gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, PDM is a bad performer.
PDM has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.08
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.28 to 8.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.95 to 7.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.14 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.98 to 9.07. 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 | UP | POSITIVE | The long term trend for PDM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PDM is up. |
| ChartMill Relative Strength | 36.29 | NEUTRAL | PDM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PDM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PDM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PDM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.82 | NEUTRAL | The RSI value for PDM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PDM has a positive trend. |
| Stochastics (14,3) | 69.61 | NEUTRAL | The Stochastics value for PDM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for PDM suggests some volalility. |
| Average Directional Index/ADX (14) | 12.92 | NEGATIVE | The low ADX value for PDM suggests a weak or negative trend. |
8.77
+0.13 (+1.5%)
PIEDMONT REALTY TRUST INC / PDM FAQ
What is the ChartMill technical rating of PIEDMONT REALTY TRUST INC (PDM) stock?
ChartMill assigns a technical rating of 6 / 10 to PDM.
What is the trend direction for PDM stock?
The current trend direction for PIEDMONT REALTY TRUST INC (PDM) is Bullish.
Can you provide the RSI signal for PIEDMONT REALTY TRUST INC?
PIEDMONT REALTY TRUST INC (PDM) has an RSI value of 62.8161. This indicates that the stock is currently neutral.
What is the MACD signal for PIEDMONT REALTY TRUST INC (PDM) stock?
The MACD indicator for PIEDMONT REALTY TRUST INC (PDM) has a value of 0.030035, indicating a bearish trend.
Can you provide the short term momentum for PIEDMONT REALTY TRUST INC?
The short term momentum for PIEDMONT REALTY TRUST INC (PDM) is positive.