PROVIDENT FINANCIAL SERVICES (PFS)

US74386T1051 - Common Stock

21.4  +0.55 (+2.64%)

After market: 21.4 0 (0%)

Technical Rating and Analysis

10

Overall PFS gets a technical rating of 10 out of 10. Both in the recent history as in the last year, PFS has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, PFS did better than 81% of all other stocks.
PFS 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 PFS is lagging the market slightly.
In the last month PFS has a been trading in the 18.29 - 22.23 range, which is quite wide. It is currently trading near the high of this range.
PFS is part of the Banks industry. There are 404 other stocks in this industry, PFS did better than 52% of them.
Weekly and Daily overview Charts
PFS Weekly chart
PFS Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, PFS also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

Support and Resistance Analysis

18.36

22.08

When analyzing the support we can see 3 important areas.

  • Support @19.78 from a trend line in the weekly time frame.
  • A support zone ranging from 19.36 to 19.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 18.55 to 18.68. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • Resistance @21.41 from a horizontal line in the weekly time frame.
  • Resistance @21.86 from a horizontal line in the daily time frame.
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
CRS81.32
Mansfield1.32
10 Day High22.23
10 Day Low20.53
20 Day High22.23
20 Day Low18.29
52 Week High22.23
52 Week Low13.07
Performance
1 Week0%
2 Weeks1.04%
1 Month14.56%
3 Month11.92%
6 Month42.57%
12 Month40.79%
2 Year-5.02%
3 Year-9.09%
5 Year-12.01%
10 Year23.84%
15 Year102.27%
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)-0.03
RSI(14)61.89
LBB19.81
UBB22.43
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
21.4220.520.90 (4.20%)23.80%
An entry @21.42. This is a Buy Stop order right above the resistance zone.An exit @20.52. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.90 points, which is 4.20%.For a 1.00% total portfolio risk, you can invest 23.80% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of PFS. Please evaluate whether better entry and exit points can be found.
  • 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.
PFS Daily chart

PROVIDENT FINANCIAL SERVICES

NYSE:PFS (11/22/2024, 8:04:00 PM)

After market: 21.4 0 (0%)

21.4

+0.55 (+2.64%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.64%
1 Week0%
2 Weeks1.04%
1 Month14.56%
3 Month11.92%
6 Month42.57%
12 Month40.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.74
ATR(20)%3.05%
ATR Inc
Range Today0.63
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High22.23
10 Day Low20.53
20 Day High22.23
20 Day Low18.29
52 Week High22.23
52 Week Low13.07
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume569.90K
Volume Incr-9.49%
Vol(5)570.46K
Vol(50)636.69K