Technical Analysis for PBB - Prospect Capital Corporation 6.25% Notes due 2024

Grade Last Price % Change Price Change
grade A 25.29 0.48% 0.12
PBB closed up 0.48 percent on Monday, August 3, 2020, on 36 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical PBB trend table...

Date Alert Name Type % Chg
Overbought Stochastic Strength 0.00%
Overbought Stochastic Strength 0.48%
Narrow Range Bar Range Contraction -0.08%
NR7 Range Contraction -0.08%
Overbought Stochastic Strength -0.08%
Stochastic Sell Signal Bearish 0.24%
180 Bullish Setup Bullish Swing Setup 0.24%
Upper Bollinger Band Walk Strength 0.24%
Outside Day Range Expansion 0.24%
Overbought Stochastic Strength 0.24%

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Profile

Prospect Capital Corporation is a business development company. It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, buyouts, recapitalizations, turnaround, growth capital, development, subordinated debt tranches of collateralized loan obligations, cash flow term loans, and bridge transactions. It also makes real estate investments particularly in multi-family residential real estate asset class. The fund makes secured debt, senior debt, unitranche debt, first-lien and second lien, private debt, mezzanine debt, and equity investments in private and microcap public businesses. It focuses on both primary origination and secondary loans/portfolios and invests in situations like debt financings for private equity sponsors, acquisitions, dividend recapitalizations, growth financings, bridge loans, cash flow term loans, real estate financings/investments. The fund typically invests across all industry sectors, with a particular expertise in the energy and industrial sectors. It invests in aerospace and defense, chemicals, conglomerate services, consumer services, ecological, electronics, financial services, machinery, manufacturing, media, pharmaceuticals, retail, software, specialty minerals, textiles and leather, transportation, oil and gas production, coal production, materials, industrials, consumer discretionary, information technology, utilities, pipeline, storage, power generation and distribution, renewable and clean energy, oilfield services, healthcare, food and beverage, education, business services, and other select sectors. It prefers to invest in the United States and Canada. The fund seeks to invest between $10 million to $500 million per transaction in companies with EBITDA between $5 million and $250 million, sales value between $25 million and $500 million, and enterprise value between $5 million and $1000 million. It fund also co-invests for larger deals. The fund seeks control acquisitions by providing multiple levels of the capital structure. The fund focuses on
Financial Services Energy Corporate Finance Transportation Manufacturing Private Equity Healthcare Food Information Technology Aerospace Electronics Chemicals Beverage Debt Pharmaceuticals Machinery Mezzanine Capital Sentinel Capital Partners Real Estate Investments Oilfield Services Consumer Services Oil And Gas Production Orix Usa Renewable And Clean Energy Mezzanine Finance Multi Family Residential Real Estate Asset Class

Is PBB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 25.92
52 Week Low 11.303
Average Volume 16,034
200-Day Moving Average 24.47
50-Day Moving Average 24.66
20-Day Moving Average 24.66
10-Day Moving Average 25.00
Average True Range 0.32
ADX 22.19
+DI 25.71
-DI 14.88
Chandelier Exit (Long, 3 ATRs ) 24.52
Chandelier Exit (Short, 3 ATRs ) 24.95
Upper Bollinger Band 25.52
Lower Bollinger Band 23.79
Percent B (%b) 0.87
BandWidth 7.00
MACD Line 0.22
MACD Signal Line 0.13
MACD Histogram 0.086
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 25.61
Resistance 3 (R3) 25.59 25.47 25.56
Resistance 2 (R2) 25.47 25.39 25.48 25.54
Resistance 1 (R1) 25.38 25.34 25.43 25.40 25.52
Pivot Point 25.26 25.26 25.28 25.27 25.26
Support 1 (S1) 25.17 25.18 25.21 25.18 25.06
Support 2 (S2) 25.05 25.13 25.05 25.04
Support 3 (S3) 24.95 25.05 25.02
Support 4 (S4) 24.97