PRECISION OPTICS CORP INC (POCI)

US7402944000 - Common Stock

5.48  -0.07 (-1.26%)

Technical Rating and Analysis

0

Overall POCI gets a technical rating of 0 out of 10. POCI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
78% of all other stocks performed better in the past year than POCI.
POCI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so POCI is lagging the market.
Warning: POCI has an average volume of 5860 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
POCI is part of the Health Care Equipment & Supplies industry. There are 189 other stocks in this industry, POCI did better than 47% of them.
In the last month POCI has a been trading in the 4.92 - 5.84 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
POCI Weekly chart
POCI Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, POCI does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 5.15, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for POCI in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

5.05

6.53

We found 1 important support area.

  • A support zone ranging from 5.10 to 5.15. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • Resistance @5.56 from a horizontal line in the daily time frame.
  • Resistance @5.91 from a trend line in the daily time frame.
  • Resistance @6.28 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 6.42 to 6.47. This zone is formed by a combination of multiple trend lines in the weekly 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
CRS22.07
Mansfield-1.62
10 Day High5.7
10 Day Low4.92
20 Day High5.84
20 Day Low4.92
52 Week High6.9
52 Week Low4.92
Performance
1 Week7.24%
2 Weeks4.45%
1 Month-6.4%
3 Month-14.77%
6 Month1.48%
12 Month-9.72%
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)0.06
RSI(14)49.43
LBB4.97
UBB5.56
POCI Daily chart

PRECISION OPTICS CORP INC

NASDAQ:POCI (9/6/2024, 8:00:00 PM)

5.48

-0.07 (-1.26%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.26%
1 Week7.24%
2 Weeks4.45%
1 Month-6.4%
3 Month-14.77%
6 Month1.48%
12 Month-9.72%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.27
ATR(20)%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 High5.7
10 Day Low4.92
20 Day High5.84
20 Day Low4.92
52 Week High6.9
52 Week Low4.92
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume6.20K
Volume Incr87.9%
Vol(5)14.44K
Vol(50)5.86K