PKI finds buyers again around 95.30

PerkinElmer (PKI) Technical Analysis Report for Sep 14, 2018

Highlights

PKI finds buyers again around 95.30
PKI closes within previous day's range

TQ Sentiment

Report Sentiment: 25% Bullish
Technical Forecast:

Overview

PKI ended the week 2.32% higher at 95.74 after losing $0.50 (-0.52%) today. Closing within the previous day's range, prices failed to decisively move beyond the prior day's trading range.

Daily chart for PKI

Volatility

Friday's trading range was $1.49 (1.55%), that's slightly above last trading month's daily average range of $1.39. Things look different on a weekly scale, where volatility is below the markets average with the monthly volatility being slightly above average.

Price Action

During the whole day, prices traded within the previous day's range, unable to trade above the prior day's high or below the previous day's low forming an Inside Bar.

Support/Resistance

After having been unable to move lower than 95.22 in the prior session, PerkinElmer found buyers again around the same price level today at 95.30.

Trend

The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.

Order Flow

Buying could accelerate should prices move above the nearby swing high at 96.87 where further buy stops might get triggered.

Conclusion

While classical technical analysis indicates a neutral sentiment for the next trading day, our quantitative statistics show a different picture being bullish.

Market Conditions for PerkinElmer

Loading Market Conditions for $PKI (PerkinElmer)...
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when PerkinElmer traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Find out more
Top Market Movers

Related Stocks

A 10 day candlestick chart for A 70.72 -0.41 (-0.58%)
ABBV 10 day candlestick chart for ABBV 92.26 -0.42 (-0.45%)
ABC 10 day candlestick chart for ABC 90.13 -0.93 (-1.02%)
ABMD 10 day candlestick chart for ABMD 384.88 2.90 (0.76%)
ABT 10 day candlestick chart for ABT 69.05 0.26 (0.38%)
ACAD 10 day candlestick chart for ACAD 20.17 1.06 (5.55%)
ACHC 10 day candlestick chart for ACHC 35.69 -0.31 (-0.86%)
AET 10 day candlestick chart for AET 204.27 -0.93 (-0.45%)
AGIO 10 day candlestick chart for AGIO 73.56 -0.41 (-0.55%)
AGN 10 day candlestick chart for AGN 191.31 -1.20 (-0.62%)
You have free reports remaining. Subscribe for unlimited access...SUBSCRIBELOGINGO!