PRIMECH HOLDINGS LTD (PMEC) Stock Technical Analysis
NASDAQ:PMEC - Nasdaq - SGXZ14489751 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to PMEC. Both in the recent history as in the last year, PMEC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
PMEC is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 85% of 83 stocks in the same industry.
In the last month PMEC has a been trading in the 0.73 - 0.89 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, PMEC did better than 92% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
PMEC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
PMEC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.87. Right above this resistance zone may be a good entry point.
More info and screens
0.66
0.89
We found 4 important support areas.
- A support zone ranging from 0.79 to 0.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.74 to 0.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @0.69 from a horizontal line in the daily time frame.
- Support @0.67 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.87 to 0.88. This zone is formed by a combination of multiple trend lines 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
CRS92.9
Mansfield2.38
10 Day High0.89
10 Day Low0.8
20 Day High0.89
20 Day Low0.73
52 Week High1.13
52 Week Low0.49
Performance
1 Week-0.6%
2 Weeks3.65%
1 Month12.99%
3 Month19.7%
6 Month18.87%
12 Month30.61%
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
RSI(14)57.27
LBB0.78
UBB0.88
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.89 | 0.79 | 0.10 (11.48%) | 8.71% |
| An entry @0.89. This is a Buy Stop order right above the resistance zone. | An exit @0.79. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.10 points, which is 11.48%. | For a 1.00% total portfolio risk, you can invest 8.71% of your capital in this trade. |
- 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.
0.8499
-0.02 (-2.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-2.31%
1 Week-0.6%
2 Weeks3.65%
1 Month12.99%
3 Month19.7%
6 Month18.87%
12 Month30.61%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%6.47%
ATR Inc17.52%
Range Today0.04
ADR(20)0.05
ADR(20)%6.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.9
Mansfield2.38
10 Day High0.89
10 Day Low0.8
20 Day High0.89
20 Day Low0.73
52 Week High1.13
52 Week Low0.49
CS1 End0.79
CR1 Start0.87
Volume & EV
DER(3)0.69%
DER(5)-6.17%
Volume62.40K
Volume Incr-40.02%
Vol(5)67.32K
Vol(50)171.13K