PAT Technical Analysis - PATRIZIA SE

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to PAT. PAT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

93% of all other stocks performed better in the past year than PAT.

PAT is part of the Real Estate Management & Development industry. There are 74 other stocks in this industry, of which 72% are performing better than PAT.

In the last month PAT has a been trading in the 7.12 - 7.75 range, which is quite wide. It is currently trading near the lows 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.

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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

Although the technical rating is bad, PAT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 7.25, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

6.91

8.38

We found 2 important support areas.

A support zone ranging from 7.16 to 7.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @6.98 from a horizontal line in the weekly time frame.

We can see 3 important resistance areas.

A resistance zone ranging from 7.34 to 7.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 7.74 to 7.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 8.19 to 8.30. This zone is formed by a combination of multiple trend lines in the weekly time frame.

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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	DOWN	NEGATIVE	The short term trend for PAT.DE is down.
ChartMill Relative Strength	7.94	NEGATIVE	PAT.DE has a low relative strength, it was outperformed by 92.06% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of PAT.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of PAT.DE is below 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)	44.54	NEUTRAL	The RSI value for PAT.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.01	POSITIVE	The MACD value suggests PAT.DE has a positive trend.
Stochastics (14,3)	36.3	NEUTRAL	The Stochastics value for PAT.DE is a neutral value.
Average True Range in percent/ATR (20)	2.08	MEDIUM VOLATILITY	The ATR as a percentage value for PAT.DE suggests some volalility.
Average Directional Index/ADX (14)	38.31	POSITIVE	The high ADX value value for PAT.DE suggests a strong trend.