So What’s Better: People's United Financial, Inc. ($PBCTP) Or Provident Financial Holdings, Inc. ($PROV)?

2019-08-16 | Welcome! Today we compared how two different stocks in the Savings Institutions industry are trading: People's United Financial, Inc. and Provident Financial Holdings, Inc.. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, People's United Financial, Inc. opened at 27.05, got to a maximum price of 27.18 and dropped to as low as 26.985 before finishing the session at 27.15. In total there were 20600 shares traded, which is enough to conduct our analysis. Compare that now to Provident Financial Holdings, Inc., which opened at 20.43, had a high of 20.43, a low of 20.14, closed at 20.35 and had a total volume of 5900.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator People's United Financial, Inc. Provident Financial Holdings, Inc.
Accumulation-distribution index 144.2 41.6
on-balance volume -26.97 -20.11
chaikin money flow

2.0 0.33846
force index

0.0105 0.1365
ease of movement rating

0.00024 -0.00069
volume-price trend

0.96143 -0.07594
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator People's United Financial, Inc. Provident Financial Holdings, Inc.
Average true range 0.16244 0.30356
Bolinger bands 27.09928 20.16743
Upper bollinger band 26.74572 20.08257
Lower bollinger band

26.985 20.14
Bollinger high band indicator

nan 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

27.07167 20.33333
High band keltner channel

26.94167 20.33333
Low band keltner channel

27.20167 20.33333
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

26.985 20.14
Donchain channel low band

26.985 20.14
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator People's United Financial, Inc. Provident Financial Holdings, Inc.
Moving Average Convergence Divergence (MACD) trend_macd -0.00067
MACD signal -0.00156 -0.00037
MACD difference -0.00125 -0.0003
fast Exponential Moving Average (EMA) indicator

26.985 20.14
slow Exponential Moving Average (EMA) indicator

26.985 20.14
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.21576 0.19648
trix

2.42939 -0.78442
Mass Index (MI)

1.0 2.44
Commodity Channel Index (CCI)

-66.66667 66.66667
Detrended Price Oscillator (DPO)

-0.93499 0.07348
KST Oscillator (KST)

35.89196 -3.63515
KST Oscillator (KST Signal)

35.89196 -3.63515
KST difference

-1.19962 -0.37104
Ichimoku rating

27.115 20.43
Ichimoku B rating

27.115 20.43
Ichimoku visual trend A

26.42789 20.69567
Ichimoku visual trend B

26.66002 20.79401
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

-4.0 -4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator People's United Financial, Inc. Provident Financial Holdings, Inc.
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 100.0 34.11774
True Strength Index (TSI) 100.0 -100.0
ultimate oscillator

93.49991 -33.9362
stochastic oscillator

150.0 50.0
stochastic oscillator signal

150.0 50.0
Williams %R rating

50.0 -50.0
awesome oscillator

-0.03284 0.02366

RETURNS: That’s all for technical analysis. Now let’s just list the returns for People's United Financial, Inc. and Provident Financial Holdings, Inc..

Daily return 3.5892 -0.36351
Daily log return -0.4643 -0.14907
Cumulative return -0.46322 -0.14896

So there you have it: our deep, grueling analysis comparing People's United Financial, Inc. and Provident Financial Holdings, Inc. together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s People's United Financial, Inc.:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether PBCTP is strong or weak. Again – this is not a reliable indication of whether People's United Financial, Inc. is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with Provident Financial Holdings, Inc.

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Abigale Lormen

Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at amarketreportsjournal.
Abigale Lormen

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