We assign a technical rating of 10 out of 10 to PATK. Both in the recent history as in the last year, PATK has proven to be a steady performer, scoring decent points in every aspect analyzed.
- 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 PATK is one of the better performing stocks in the market, outperforming 85% of all stocks.
- PATK is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month PATK has a been trading in the 107.20 - 120.87 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- PATK is an average performer in the Automobile Components industry, it outperforms 56% of 42 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although PATK has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
87.09
We found 4 important support areas.
- A support zone ranging from 106.95 to 114.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @102.70 from a trend line in the daily time frame.
- Support @95.81 from a horizontal line in the daily time frame.
- Support @87.97 from a trend line in the weekly time frame.
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 PATK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PATK is up. |
| ChartMill Relative Strength | 85.83 | POSITIVE | PATK has a high relative strength, it outperformed 85.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PATK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PATK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PATK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.36 | OVERBOUGHT | The high RSI value suggests PATK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.67 | POSITIVE | The MACD value suggests PATK has a positive trend. |
| Stochastics (14,3) | 91.85 | OVERBOUGHT | The high Stochastics value suggests PATK may be overbought. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for PATK suggests some volalility. |
| Average Directional Index/ADX (14) | 14.61 | NEGATIVE | The low ADX value for PATK suggests a weak or negative trend. |
NASDAQ:PATK (1/15/2026, 1:29:20 PM)
124.02
+3.83 (+3.19%)
PATRICK INDUSTRIES INC / PATK FAQ
Can you provide the ChartMill technical rating for PATRICK INDUSTRIES INC?
ChartMill assigns a technical rating of 10 / 10 to PATK.
What is the current trend direction of PATRICK INDUSTRIES INC (PATK) stock?
The current trend direction for PATRICK INDUSTRIES INC (PATK) is Bullish.
What is the RSI signal for PATRICK INDUSTRIES INC (PATK) stock?
PATRICK INDUSTRIES INC (PATK) has an RSI value of 70.3561. This indicates that the stock is currently overbought.
What is the buy/sell signal for PATRICK INDUSTRIES INC (PATK) stock?
The buy/sell signal for PATRICK INDUSTRIES INC (PATK) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for PATRICK INDUSTRIES INC?
PATRICK INDUSTRIES INC (PATK) has a support level at 114.8. Check the full technical report for our detailed analysis of PATK support and resistance levels.