PAT Technical Analysis - PATRIZIA SE

Technical Rating and Analysis

Taking everything into account, PAT scores 1 out of 10 in our technical rating. PAT'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.

91% of all other stocks performed better in the past year than PAT.

PAT is part of the Real Estate Management & Development industry. There are 72 other stocks in this industry, of which 73% are performing better than PAT.

In the last month PAT has a been trading in the 6.99 - 7.58 range, which is quite wide. It is currently trading near the high of this range.

PAT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PAT is lagging the market.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of PAT 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

6.91

8.51

When analyzing the support we notice one important area.

A support zone ranging from 6.98 to 7.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 3 important areas.

Resistance @7.74 from a horizontal line in the daily time frame.
Resistance @8.14 from a trend line in the weekly time frame.
A resistance zone ranging from 8.30 to 8.43. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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 PAT.DE is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for PAT.DE is neutral.
ChartMill Relative Strength	9.71	NEGATIVE	PAT.DE has a low relative strength, it was outperformed by 90.29% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of PAT.DE is above the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	MIXED	The current price of PAT.DE is above a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of PAT.DE is below a declining SMA(200).
Relative Strength Index/RSI (14)	55.73	NEUTRAL	The RSI value for PAT.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.04	POSITIVE	The MACD value suggests PAT.DE has a positive trend.
Stochastics (14,3)	72.32	NEUTRAL	The Stochastics value for PAT.DE is a neutral value.
Average True Range in percent/ATR (20)	2.03	MEDIUM VOLATILITY	The ATR as a percentage value for PAT.DE suggests some volalility.
Average Directional Index/ADX (14)	32.39	POSITIVE	The high ADX value value for PAT.DE suggests a strong trend.