Pacific Mercantile (PMBC)

9.4  -0.11 (-1.16%)

Technical Rating and Analysis

10

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

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, PMBC did better than 92% of all other stocks. On top of that, PMBC also shows a nice and consistent pattern of rising prices.
PMBC is part of the Banks industry. There are 405 other stocks in this industry. PMBC outperforms 94% of them.
PMBC 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 PMBC is lagging the market slightly.
In the last month PMBC has a been trading in the 8.64 - 10.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
PMBC Weekly chart
PMBC Daily chart
Setup Rating and Analysis

5

Although PMBC has an excellent technical rating, the quality of the presented setup is not ideal 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

8.25

9.49

3 important support areas can be observed.

  • A support zone ranging from 9.08 to 9.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 8.58 to 8.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 8.33 to 8.37. This zone is formed by a combination of multiple trend lines 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
CRS92.56
Mansfield1.38
10 Day High10.2
10 Day Low9.26
20 Day High10.2
20 Day Low8.64
52 Week High10.2
52 Week Low3.6
Performance
1 Week-6.37%
2 Weeks-3.49%
1 Month8.05%
3 Month8.67%
6 Month9.05%
12 Month151.34%
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)-0.04
RSI(14)49.89
LBB9.19
UBB10.15
PMBC Daily chart

Pacific Mercantile

NASDAQ:PMBC (10/18/2021, 8:12:58 PM)

9.4

-0.11 (-1.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.16%
1 Week-6.37%
2 Weeks-3.49%
1 Month8.05%
3 Month8.67%
6 Month9.05%
12 Month151.34%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.34
ATR(20)%3.5%
ATR Inc
Range Today0.39
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 High10.2
10 Day Low9.26
20 Day High10.2
20 Day Low8.64
52 Week High10.2
52 Week Low3.6
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume149.50K
Volume Incr133.94%
Vol(5)109.66K
Vol(50)50.97K