Category Archives: PCAR

Paccar Trade Busted

June 25, 2026 By in PCAR, PCAR-26-08, Transportation Leave a comment

Sometimes, It Doesn’t Work

It didn’t take long for PCAR to quickly negate the ‘wedge‘ analysis.

Price action blew through the stop level (prior session high) and proceeded to launch into what might be an up-thrust (not advice, not a recommendation).

Standing aside for now to see what happens next.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Paccar … Break and Test

June 24, 2026 By in PCAR, PCAR-26-08, Transportation 1 Comment

Barely Closing Higher

The PCAR trade plan, already posted with this update.

From that:

“If we get a breakdown from this point and using that bit of insight, a measured move target is within the vicinity of 103 (not advice, not a recommendation).”

Yesterday, the breakdown and today, a potential test.

The expectation is for continued downside (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Paccar’s ‘Character Traits’

June 20, 2026 By in PCAR, PCAR-26-07, Transportation 1 Comment

Every Market, Has It’s Own

When we look at Paccar, several things are evident.

First, since the all time closing high on February 11th, this year, PCAR has been posting lower highs and lower lows, the definition of a downtrend (not advice, not a recommendation).

Secondly, and probably more important, since that closing high, PCAR likes to print a ‘wedge’ formation before a directional move.

Paccar Inc., PCAR, Daily Close

Thirdly, distance of each downside move (so far), from closing high within each wedge, to closing low, before reversal, is approximately the same distance.

If we get a breakdown from this point and using that bit of insight, a measured move target is within the vicinity of 103 (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Paccar … Hits Resistance

June 6, 2026 By in PCAR, PCAR-26-04, Spring-to-Up-Thrust, Transportation, Up-Thrust

Up-Thrust Zone

The last update on Paccar, was back in February, link here.

At the time, it was just starting its topping and reversal process.

The chart shows at least two short-tradeable moves (up-thrust, wedge) and now, potentially a third (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Paccar’s Reversal

February 19, 2026 By in PCAR, PCAR-26-02, Spring-to-Up-Thrust, Transportation, Up-Thrust

New Weekly Low

The weekly chart of Paccar Inc. shows a new weekly low off an up-thrust condition.

In addition, as can be seen from the lower blue support line, we also have a repeating pattern, link here (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Reverse Gear

October 18, 2021 By in PCAR

Mid Session

PACCAR Truck Builder In Reverse

PACCAR’s in reverse in more ways than one.

From a market standpoint, this morning’s action puts PCAR at the danger point.

If today’s action or subsequent action can’t make a new daily high, then we’re in a potential up-thrust (reversal) condition.

The daily chart shows our well documented ‘spring to up-thrust’ empirically observed repeating pattern.

Keep your eye on Friday’s high (87.46). That’s the risk (not advice, not a recommendation).

It should be noted, there’s also potential to up-thrust around the 90.50, area; the location of a 50% retrace (not shown).

Last Friday’s high occurred at the 38%, retrace level.

Looking at it from a long term Quarterly perspective, gives us the chart below:

PCAR’s been in a rising (terminating) wedge for years. Now, it looks like the ‘throw-over’ is nearing completion.

What Does It Mean?

Why focus on PACCAR?

Because it’s the builder of trucks that are used to complete the supply chain; from container shipping dock to store-front or distribution facility.

If we do get a solid reversal back into the rising wedge, it signals a long term decline.

As of this post, PCAR is holding steady around 86.50.

Penetration of today’s low (85.45) signals trouble and potential confirmation of the up-thrust.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279