PACCAR INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	PCAR
ISIN:

PACCAR INC. - 1H - Technical analysis published on 12/20/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Bearish

Underlying: Strongly bearish

Technical indicators

39%

33%

28%

My opinion

Bearish under 108.55 USD

My targets

103.78 USD (-2.42%)

100.92 USD (-5.11%)

My analysis

All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on PACCAR INC. as long as the price remains well below 108.55 USD. The next bearish objective for sellers is set at 103.78 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 100.92 USD. If there is any crossing, the next objective would be the support located at 96.68 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible over sold items that could be a sign of a short-term correction.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.

Force

4.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The PACCAR INC. rating is 106.35 USD. The price is lower by -1.08% since the last closing with the lowest point at 103.77 USD and the highest point at 106.75 USD. The deviation from the price is +2.49% for the low point and -0.37% for the high point.

103.77

106.75

106.35

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following result:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of PACCAR INC. in 1H shows a overall strongly bearish trend. The signals given by moving averages are 85.71% bearish. This strongly bearish trend seems to be slowing down given the slightly bearish signals being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish harami

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	100.92	103.78	106.30	106.35	108.55	109.76	110.71
Change (%)	-5.11%	-2.42%	-0.05%	-	+2.07%	+3.21%	+4.10%
Change	-5.43	-2.57	-0.05	-	+2.20	+3.41	+4.36
Level	Intermediate	Intermediate	Major	-	Major	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	100.65	102.22	103.36	104.93	106.07	107.64	108.78
Camarilla	103.77	104.01	104.26	104.51	104.76	105.01	105.26
Woodie	100.45	102.11	103.16	104.82	105.87	107.53	108.58
Fibonacci	102.22	103.25	103.89	104.93	105.96	106.60	107.64

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	102.76	105.67	107.77	110.68	112.78	115.69	117.79
Camarilla	108.48	108.94	109.40	109.86	110.32	110.78	111.24
Woodie	102.35	105.47	107.36	110.48	112.37	115.49	117.38
Fibonacci	105.67	107.59	108.77	110.68	112.60	113.78	115.69

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	89.64	94.73	104.23	109.32	118.82	123.91	133.41
Camarilla	109.73	111.07	112.40	113.74	115.08	116.42	117.75
Woodie	91.86	95.83	106.45	110.42	121.04	125.01	135.63
Fibonacci	94.73	100.30	103.74	109.32	114.89	118.33	123.91

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	44.30
MACD (12,26,9):	-1.1800
Directional Movement:	-15.69
AROON (14):	-64.28
DEMA (21):	104.62
Parabolic SAR (0,02-0,02-0,2):	103.77
Elder Ray (13):	0.26
Super Trend (3,10):	107.17
Zig ZAG (10):	105.98
VORTEX (21):	0.7800
Stochastique (14,3,5):	34.18
TEMA (21):	104.37
Williams %R (14):	-50.59
Chande Momentum Oscillator (20):	-2.35
Repulse (5,40,3):	1.2700
ROCnROLL:	-1
TRIX (15,9):	-0.1700
Courbe Coppock:	6.35

MA7:	107.52
MA20:	111.09
MA50:	108.10
MA100:	100.75
MAexp7:	105.27
MAexp20:	106.24
MAexp50:	108.21
MAexp100:	109.55
Price / MA7:	-1.09%
Price / MA20:	-4.27%
Price / MA50:	-1.62%
Price / MA100:	+5.56%
Price / MAexp7:	+1.03%
Price / MAexp20:	+0.10%
Price / MAexp50:	-1.72%
Price / MAexp100:	-2.92%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on PACCAR INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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