PARKE BANCORP INC (PKBK) Stock Technical Analysis
NASDAQ:PKBK - Nasdaq - US7008851062 - Common Stock
We assign a technical rating of 1 out of 10 to PKBK. PKBK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
PKBK is part of the Banks industry. There are 405 other stocks in this industry, of which 74% are performing better than PKBK.
PKBK is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: PKBK has an average volume of 28894 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, PKBK turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
PKBK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PKBK is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, PKBK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 20.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.04, a Stop Loss order could be placed below this zone.
More info and screens
15.47
20.29
2 important support areas can be observed.
- A support zone ranging from 18.89 to 19.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.63 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.01 to 20.09. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS44.24
Mansfield-0.29
10 Day High20.14
10 Day Low18.03
20 Day High21.68
20 Day Low18.03
52 Week High24.29
52 Week Low15.24
Performance
1 Week4.06%
2 Weeks0.91%
1 Month-5.7%
3 Month-3.57%
6 Month-0.3%
12 Month4.99%
2 Year-3.4%
3 Year-17.42%
5 Year2.23%
10 Year91.64%
15 Year157.01%
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)0.09
RSI(14)42.15
LBB18.86
UBB20.65
PARKE BANCORP INC
NASDAQ:PKBK (1/22/2025, 10:32:53 AM)
19.83
-0.17 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.85%
1 Week4.06%
2 Weeks0.91%
1 Month-5.7%
3 Month-3.57%
6 Month-0.3%
12 Month4.99%
2 Year-3.4%
3 Year-17.42%
5 Year2.23%
10 Year91.64%
15 Year157.01%
Volatility
ATR(14)0.59
ATR(20)%2.95%
ATR Inc-34.92%
Range Today0.02
ADR(20)0.57
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.24
Mansfield-0.29
10 Day High20.14
10 Day Low18.03
20 Day High21.68
20 Day Low18.03
52 Week High24.29
52 Week Low15.24
CS1 End19.04
CR1 Start20.01
Volume & EV
DER(3)-2.91%
DER(5)-1.13%
Volume672
Volume Incr-46.24%
Vol(5)18.04K
Vol(50)28.89K