PATRIOT TRANSPORTATION HOLDI (PATI) Technical Analysis
NASDAQ:PATI • US70338W1053
Current stock price
PATI Technical Rating and Analysis
Taking everything into account, PATI scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PATI is showing a nice and steady performance.
- Warning: PATI has an average volume of 23234 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that PATI is one of the better performing stocks in the market, outperforming 97% of all stocks.
- PATI is part of the Ground Transportation industry. There are 42 other stocks in this industry. PATI outperforms 100% of them.
- PATI is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PATI is leading the market.
- In the last month PATI has a been trading in a tight range between 15.68 and 16.26.
PATI Weekly and Daily overview Charts
PATI Setup Rating and Analysis
PATI has an excellent technical rating, but the quality of the setup is only medium 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
PATI Support and Resistance Analysis
7.61
We found 3 important support areas.
- A support zone ranging from 15.70 to 15.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.02 from a horizontal line in the daily time frame.
- A support zone ranging from 7.69 to 7.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.27 to 16.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
PATI 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 | UP | POSITIVE | The long term trend for PATI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PATI is up. |
| ChartMill Relative Strength | 97.89 | POSITIVE | PATI has a high relative strength, it outperformed 97.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PATI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PATI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PATI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 88.4 | OVERBOUGHT | The high RSI value suggests PATI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests PATI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 98.38 | OVERBOUGHT | The high Stochastics value suggests PATI may be overbought. |
| Average True Range in percent/ATR (20) | 0.41 | LOW VOLATILITY | The low ATR as a percentage value for PATI suggests low volalility. |
| Average Directional Index/ADX (14) | 80.09 | POSITIVE | The high ADX value value for PATI suggests a strong trend. |
PATI Chart- and CandleStick Pattern Analysis
PATI Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 16.28 | 16.03 | 0.25 (1.54%) | 25.00% |
| An entry @16.28. This is a Buy Stop order right above the resistance zone. | An exit @16.03. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.25 points, which is 1.54%. | For a 0.38% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PATI Technicals: Chart, Performance Metrics, Trend & Indicators
16.26
+0.02 (+0.09%)
PATRIOT TRANSPORTATION HOLDI / PATI TA FAQ
What is the ChartMill technical rating of PATRIOT TRANSPORTATION HOLDI (PATI) stock?
ChartMill assigns a technical rating of 9 / 10 to PATI.
What is the trend direction for PATI stock?
The current trend direction for PATRIOT TRANSPORTATION HOLDI (PATI) is Bullish.
Can you provide the RSI signal for PATRIOT TRANSPORTATION HOLDI?
PATRIOT TRANSPORTATION HOLDI (PATI) has an RSI value of 88.4034. This indicates that the stock is currently overbought.
Can you provide the buy/sell signal for PATRIOT TRANSPORTATION HOLDI?
The buy/sell signal for PATRIOT TRANSPORTATION HOLDI (PATI) is buy as both the short term and long term trends are positive.
What is the support and resistance level for PATI stock?
PATRIOT TRANSPORTATION HOLDI (PATI) has a support level at 15.7 and a resistance level at 16.27. Check the full technical report for our detailed analysis of PATI support and resistance levels.