PATRICK INDUSTRIES INC (PATK)

US7033431039 - Common Stock

105.49  +1.07 (+1.02%)

After market: 105.49 0 (0%)

Technical Rating and Analysis

5

Taking everything into account, PATK scores 5 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month PATK has a been trading in the 101.86 - 120.97 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that PATK is one of the better performing stocks in the market, outperforming 88% of all stocks.
PATK is one of the better performing stocks in the Automobile Components industry, it outperforms 92% of 42 stocks in the same industry.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
PATK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PATK is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
PATK Weekly chart
PATK Daily chart
Setup Rating and Analysis

7

Although the technical rating is only medium, PATK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 105.14, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

79.01

123.51

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 102.64 to 105.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @79.81 from a trend line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • Resistance @106.52 from a trend line in the daily time frame.
  • A resistance zone ranging from 119.47 to 119.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @122.29 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.29
Mansfield0.8
10 Day High109.32
10 Day Low101.86
20 Day High120.97
20 Day Low101.86
52 Week High123.58
52 Week Low63.57
Performance
1 Week2.02%
2 Weeks-1.5%
1 Month-11.7%
3 Month2.69%
6 Month47.04%
12 Month53.71%
2 Year69.46%
3 Year17.73%
5 Year111.53%
10 Year788.52%
15 Year69709.5%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.28
RSI(14)41.42
LBB100.7
UBB112.28
PATK Daily chart

PATRICK INDUSTRIES INC

NASDAQ:PATK (4/26/2024, 7:08:51 PM)

After market: 105.49 0 (0%)

105.49

+1.07 (+1.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg1.02%
1 Week2.02%
2 Weeks-1.5%
1 Month-11.7%
3 Month2.69%
6 Month47.04%
12 Month53.71%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.04
ATR(20)%3.03%
ATR Inc
Range Today1.64
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High109.32
10 Day Low101.86
20 Day High120.97
20 Day Low101.86
52 Week High123.58
52 Week Low63.57
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume64.90K
Volume Incr-23.87%
Vol(5)106.48K
Vol(50)188.99K