Paccar Inc

AAA

For today's chart we've chosen to take a look at PCAR because a couple technical indicators are suggesting that we could see a pullback toward the ascending trendline. Notice how the Parabolic SAR indicator has recently produced a sell signal by placing the dots above the price rather than below. These three consecutive dots above the price will likely be used by traders as confirmation of an expected move lower.

We've also added the MACD, which has recently crossed below its signal line. This bearish crossover could also be used by traders to confirm a move toward the support near $57.



You May Also Like

Related Analysis
  1. Stock Analysis

    A.M. Best Rates W.R. Berkley Corp. with a Stable Outlook - Analyst Blog

  2. Stock Analysis

    BP and Synchrony Financial Agree on Credit Program Launch - Analyst Blog

  3. Stock Analysis

    Enterprise Products' Panola Pipeline Expansion on Track - Analyst Blog

  4. Stock Analysis

    Will 3M Co. Beat Q4 Earnings on Sustainable Organic Growth? - Analyst Blog

  5. Stock Analysis

    Will Amgen (AMGN) Keep the Earnings Streak Alive in 4Q? - Analyst Blog

Trading Center