PACCAR INC. - 1H - Technical analysis published on 05/25/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Slightly bearish
Technical indicators
67%
6%
28%
My opinion
Bullish above 80.51 USD
My targets
85.30 USD (+3.71%)
86.68 USD (+5.39%)
My analysis
The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for PACCAR INC. as long as the price remains well above 80.51 USD. The buyers' bullish objective is set at 85.30 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 86.68 USD. If there is any crossing, the next objective would be the resistance located at 88.00 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 85.30 USD. On this resistance, against the trend traders who would like to go short on PACCAR INC. with a bearish signal from their trading strategy, should not hesitate to act.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
2.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The PACCAR INC. rating is 82.25 USD. On the day, this instrument gained +0.01% with the lowest point at 81.96 USD and the highest point at 83.48 USD. The deviation from the price is +0.35% for the low point and -1.47% for the high point.81.96
83.48
82.25
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by PACCAR INC.:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this PACCAR INC. chart shows a slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
In fact, 12 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators recently detected a signal:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 79.68 | 80.51 | 82.11 | 82.25 | 85.30 | 86.68 | 88.00 |
| Change (%) | -3.12% | -2.12% | -0.17% | - | +3.71% | +5.39% | +6.99% |
| Change | -2.57 | -1.74 | -0.14 | - | +3.05 | +4.43 | +5.75 |
| Level | Minor | Major | Major | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 79.24 | 79.90 | 81.07 | 81.73 | 82.90 | 83.56 | 84.73 |
| Camarilla | 81.74 | 81.91 | 82.07 | 82.24 | 82.41 | 82.58 | 82.74 |
| Woodie | 79.50 | 80.03 | 81.33 | 81.86 | 83.16 | 83.69 | 84.99 |
| Fibonacci | 79.90 | 80.60 | 81.03 | 81.73 | 82.43 | 82.86 | 83.56 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 69.76 | 73.97 | 76.89 | 81.10 | 84.02 | 88.23 | 91.15 |
| Camarilla | 77.85 | 78.50 | 79.16 | 79.81 | 80.46 | 81.12 | 81.77 |
| Woodie | 69.12 | 73.65 | 76.25 | 80.78 | 83.38 | 87.91 | 90.51 |
| Fibonacci | 73.97 | 76.69 | 78.38 | 81.10 | 83.82 | 85.51 | 88.23 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 72.53 | 77.00 | 79.86 | 84.33 | 87.19 | 91.66 | 94.52 |
| Camarilla | 80.70 | 81.38 | 82.05 | 82.72 | 83.39 | 84.06 | 84.74 |
| Woodie | 71.73 | 76.60 | 79.06 | 83.93 | 86.39 | 91.26 | 93.72 |
| Fibonacci | 77.00 | 79.80 | 81.53 | 84.33 | 87.13 | 88.86 | 91.66 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 55.05 | |
| MACD (12,26,9): | 0.2800 | |
| Directional Movement: | 6.80 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 82.12 | |
| Parabolic SAR (0,02-0,02-0,2): | 81.38 | |
| Elder Ray (13): | 0.55 | |
| Super Trend (3,10): | 80.47 | |
| Zig ZAG (10): | 82.36 | |
| VORTEX (21): | 1.1500 | |
| Stochastique (14,3,5): | 74.83 | |
| TEMA (21): | 82.64 | |
| Williams %R (14): | -37.33 | |
| Chande Momentum Oscillator (20): | 0.30 | |
| Repulse (5,40,3): | -0.3600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 2.27 |
| MA7: | 82.01 | |
| MA20: | 83.42 | |
| MA50: | 84.98 | |
| MA100: | 88.26 | |
| MAexp7: | 82.38 | |
| MAexp20: | 81.89 | |
| MAexp50: | 82.06 | |
| MAexp100: | 82.65 | |
| Price / MA7: | +0.29% | |
| Price / MA20: | -1.40% | |
| Price / MA50: | -3.21% | |
| Price / MA100: | -6.81% | |
| Price / MAexp7: | -0.16% | |
| Price / MAexp20: | +0.44% | |
| Price / MAexp50: | +0.23% | |
| Price / MAexp100: | -0.48% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on PACCAR INC. at the time of the analysis were as follows:
- PACCAR Investor Conference
- PACCAR Declares Regular Quarterly Cash Dividend
- PACCAR Achieves Excellent Quarterly Revenues and Profits
- Dana Earns PACCAR Performance, Quality Awards
- PACCAR Recognizes Top Performing Suppliers in North America
This member declared not having a position on this financial instrument or a related financial instrument.
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