Pacific Airport Group (PAC): Price Now Near $133.97; Daily Chart Shows An Uptrend on 50 Day Basis

The Hourly View for PAC

At the moment, PAC (Get Ratings)’s price is up $0.25 (0.18%) from the hour prior. The hourly chart shows that PAC has seen 2 straight up hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

PAC ranks 23rd in terms of today’s price percentage change out of Transportation stocks.

PAC’s Technical Outlook on the Daily Chart

At the time of this writing, PAC’s price is up $0.25 (0.18%) from the day prior. This is a reversal of the price action on the previous day, in which price moved down. Regarding the trend, note that the strongest trend exists on the 100 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. Pacific Airport Group’s price action over the past 90 days can be seen via the chart below.