P technical analysis
P Technical Analysis
Analysis date
August 6, 2026
Market
NYSE (USD)
Daily cutoff
August 5, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
P Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- P
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 5, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 83.74 | August 5, 2026 | - | Verified |
| Verification series | 83.72 | August 5, 2026 | 0.02% | Verified |
Bottom line
P Technical Analysis Summary
This P technical analysis shows a recovering setup. Price at 83.74 has climbed back above SMA20 (75.31), SMA50 (75.53), and SMA200 (74.13) after a five-session gain of 20.92%. RSI14 at 62.51 points to firm momentum without overbought strain, and the daily MACD line at 1.50 is above the signal line at 0.26 with a positive histogram of 1.24. The weekly picture is improving but lags the daily, with price at 77.17 above SMA20 (72.13) and SMA50 (74.93) and RSI at 53.77. Immediate resistance sits at the 20-day high near 87.10 and then the 60-day high near 93.92. Support rests at the SMA cluster near 75, then 65.75 and 64.80. A close above 87.10 would strengthen the recovery, while a close below 75 would call the bounce into question. The P technical outlook is constructive but not yet confirmed by a breakout.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 5, 2026)
- Trend
- Improving but mixed. Price at 83.74 is above SMA20 (75.31), SMA50 (75.53), and SMA200 (74.13). A five-session rebound of 20.92% has carried the stock back above all three major moving averages after it tested the 60-day low zone near 64.80. SMA20 has crossed back above SMA200 but still sits just below SMA50, so the moving averages have not yet stacked into a clean bullish order.
- Momentum
- Bullish. RSI14 at 62.51 reflects firm momentum without overbought conditions. The MACD line at 1.50 is above the signal line at 0.26, and the histogram at 1.24 is positive and expanding, confirming that upside momentum has strengthened following the rebound.
- Volatility
- Elevated. ATR14 at 4.54 (5.42% of price) captures the large daily ranges of both the June decline and the early August rebound. Bollinger Bands span 66.35 to 84.27, and price at 83.74 is pressing the upper band, consistent with a strong short-term move.
- Volume
- Near average. Latest volume of 2,389,400 is 1.02 times the 20-period average of 2,353,600. The rebound has not yet been confirmed by a clear expansion in volume, so follow-through buying remains unconfirmed.
Assessment
The daily chart has shifted from a July breakdown to a recovery attempt. Price reclaimed all three major moving averages within five sessions, and both RSI and MACD support continued upside momentum. The main test is overhead supply near the 20-day high at 87.10 and the 60-day high at 93.92. A 52-week position of 63.54% places the stock in the upper half of its range. A close back below the SMA cluster near 75 would put the recovery at risk.
Weekly (July 27, 2026 week)
- Trend
- Mixed to bullish. Price at 77.17 sits above SMA20 (72.13), SMA50 (74.93), and SMA200 (52.08). The long-term uptrend remains intact, with the stock up 200.16% over the trailing 252 weeks. The intermediate structure is not fully aligned because SMA20 is still below SMA50, so the weekly chart has not yet confirmed a new uptrend.
- Momentum
- Neutral to positive. RSI14 at 53.77 is just above the 50 midline. The MACD line at 1.15 is above the signal line at 0.97, with a small positive histogram of 0.18, pointing to mild upside momentum that has not yet turned decisive.
- Volatility
- High. ATR14 at 9.73 (12.61% of price) reflects large weekly ranges. Bollinger Bands run from 57.88 to 86.37, with price in the middle portion of the bands after a volatile year.
- Volume
- Below average. The week ending July 31 recorded volume of 12,379,600, about 0.85 times the 20-week average of 14,504,745. Lighter volume on the recovery week compared with the June selloff leaves the bounce open to question.
Assessment
The weekly chart shows an intact long-term uptrend with a pause in the middle. Price has recovered above SMA20 and SMA50, and RSI has moved back above 50. The weekly series ends with the week of July 27, so it does not yet include the sharp rebound of the first week of August that is visible on the daily chart. A weekly close above the 20-week high near 93.92 would confirm resumption of the uptrend, while a break below the 20-week low near 56.78 would signal a deeper correction. The 52-week position of 49.33% places price near the midpoint of the range.
Key indicators
P Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 62.51 | 53.77 |
| MACD (12, 26, 9) | 1.50 / 0.26 / 1.24 | 1.15 / 0.97 / 0.18 |
| ATR (14) | 4.54 (5.42%) | 9.73 (12.61%) |
| Bollinger Bands (20, 2) | 66.35 - 84.27 | 57.88 - 86.37 |
| SMA (20) | 75.31 | 72.13 |
| SMA (50) | 75.53 | 74.93 |
| SMA (200) | 74.13 | 52.08 |
Price structure
P Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 83.74 | 77.17 |
| 1-Period Return | -0.21% | +3.50% |
| 5-Period Return | +20.92% | +11.58% |
| 20-Period Return | +7.73% | +25.48% |
| 60-Period Return | +7.14% | +39.57% |
| 252-Period Return | +48.87% | +200.16% |
| 52-Week Low | 54.37 | 54.37 |
| 52-Week High | 100.59 | 100.59 |
| 52-Week Position | 63.54% | 49.33% |
Key levels
P Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 87.10 | 93.92 |
| 20-Period Low | 65.75 | 56.78 |
| 60-Period High | 93.92 | 100.59 |
| 60-Period Low | 64.80 | 50.20 |
Scenarios
P Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price holds above the SMA cluster near 75 and breaks above the 20-day high at 87.10 on expanding volume.
Invalidation
Price fails at the 87.10 to 93.92 resistance zone and closes back below the SMA cluster near 75.
What to watch
RSI holding above 60, the MACD histogram staying positive, volume expanding on the breakout attempt, and weekly RSI remaining above 50.
Range-Bound
Trigger
Price oscillates between support near 75 (the SMA cluster) and resistance near 87.10 to 93.92 as the market digests the rebound.
Invalidation
A decisive close above 93.92 or below 65.75 with increasing volume.
What to watch
RSI moving between 45 and 65, Bollinger Bands stabilizing, and volume contracting on pullbacks.
Bearish
Trigger
Price loses the 20-day low at 65.75 and then the 60-day low at 64.80, reversing the recovery.
Invalidation
Price reclaims and holds above SMA20 at 75.31 and the recent swing high near 87.10.
What to watch
RSI dropping below 50, the MACD histogram turning negative, volume rising on down days, and weekly RSI breaking below 50.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 5, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 5, 2026, weekly July 27, 2026 week. Generated August 6, 2026.
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