PRIMECH HOLDINGS LTD (PMEC) Stock Technical Analysis
NASDAQ:PMEC - Nasdaq - SGXZ14489751 - Common Stock
We assign a technical rating of 4 out of 10 to PMEC. PMEC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
92% of all other stocks performed better in the past year than PMEC.
PMEC is part of the Commercial Services & Supplies industry. There are 83 other stocks in this industry, of which 79% are performing better than PMEC.
PMEC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month PMEC has a been trading in the 0.54 - 1.13 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
PMEC has an average technical rating and the quality of the presented setup is also 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.
More info and screens
0.66
0.86
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.71 to 0.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.67 to 0.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @0.76 from a horizontal line in the daily time frame.
- Resistance @0.81 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.84 to 0.85. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.66
Mansfield-3.47
10 Day High1.13
10 Day Low0.56
20 Day High1.13
20 Day Low0.54
52 Week High4.15
52 Week Low0.49
Performance
1 Week-0.31%
2 Weeks7.81%
1 Month8.03%
3 Month-3.83%
6 Month39.33%
12 Month-61.05%
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)51.64
LBB0.66
UBB0.78
PRIMECH HOLDINGS LTD
NASDAQ:PMEC (1/17/2025, 8:21:36 PM)
After market: 0.7406 +0 (+0.07%)0.7401
+0.07 (+10.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg10.3%
1 Week-0.31%
2 Weeks7.81%
1 Month8.03%
3 Month-3.83%
6 Month39.33%
12 Month-61.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%15.29%
ATR Inc284.44%
Range Today0.14
ADR(20)0.11
ADR(20)%15.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.66
Mansfield-3.47
10 Day High1.13
10 Day Low0.56
20 Day High1.13
20 Day Low0.54
52 Week High4.15
52 Week Low0.49
CS1 End0.74
CR1 Start0.76
Volume & EV
DER(3)-4.35%
DER(5)-8.97%
Volume997.00K
Volume Incr3119.21%
Vol(5)5.03M
Vol(50)606.70K