PAMT CORP (PAMT) Technical Analysis
NASDAQ:PAMT • US6931491061
Current stock price
PAMT Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to PAMT. PAMT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, PAMT is a bad performer in the overall market: 90% of all stocks are doing better.
- PAMT is part of the Ground Transportation industry. There are 42 other stocks in this industry, of which 80% are performing better than PAMT.
- PAMT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PAMT is lagging the market.
- Warning: PAMT has an average volume of 24036 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month PAMT has a been trading in the 7.15 - 10.41 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
PAMT Weekly and Daily overview Charts
PAMT Setup Rating and Analysis
The technical rating of PAMT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
PAMT Support and Resistance Analysis
8.11
5 important resistance areas can be observed.
- A resistance zone ranging from 8.20 to 8.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 8.74 to 8.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @11.67 from a trend line in the weekly time frame.
- A resistance zone ranging from 13.07 to 13.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @13.40 from a horizontal line in the daily time frame.
PAMT Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for PAMT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PAMT is down. |
| ChartMill Relative Strength | 10.5 | NEGATIVE | PAMT has a low relative strength, it was outperformed by 89.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PAMT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PAMT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PAMT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.33 | NEUTRAL | The RSI value for PAMT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests PAMT has a positive trend. |
| Stochastics (14,3) | 39.91 | NEUTRAL | The Stochastics value for PAMT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.32 | HIGH VOLATILITY | The high ATR as a percentage value for PAMT suggests high volalility. |
| Average Directional Index/ADX (14) | 26.08 | POSITIVE | The high ADX value value for PAMT suggests a strong trend. |
PAMT Chart- and CandleStick Pattern Analysis
PAMT Technicals: Chart, Performance Metrics, Trend & Indicators
8.19
-0.19 (-2.27%)
PAMT CORP / PAMT TA FAQ
Can you provide the ChartMill technical rating for PAMT CORP?
ChartMill assigns a technical rating of 0 / 10 to PAMT.
What is the trend direction for PAMT stock?
The current trend direction for PAMT CORP (PAMT) is Bearish.
What is the RSI signal for PAMT CORP (PAMT) stock?
PAMT CORP (PAMT) has an RSI value of 37.3289. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PAMT CORP?
The short term momentum for PAMT CORP (PAMT) is negative.
What is the support and resistance level for PAMT stock?
PAMT CORP (PAMT) has a resistance level at 8.2. Check the full technical report for our detailed analysis of PAMT support and resistance levels.