PureCycle Technologies (PCT) Technical Analysis

PureCycle Technologies, Inc. (PCT) is a company focused on revolutionizing the process of plastics recycling. Their innovative technology enables the transformation of waste plastics into high-quality recycled polypropylene resin, a valuable material that can be used in a wide range of applications. PCT's proprietary method involves a purification process that removes contaminants from recycled plastics, allowing for the production of pure, virgin-like resin.

When conducting a technical analysis of PCT stock, several indicators can provide valuable insights into the stock's performance. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It indicates whether a stock is overbought or oversold, helping traders make informed decisions about buying or selling. The RSI for PCT stock can help identify potential trend reversals or confirm the strength of an existing trend.