PATRIA INVESTMENTS LTD-A (PAX) Stock Technical Analysis
USA - NASDAQ:PAX - KYG694511059 - Common Stock
14.48 USD
+0.14 (+0.98%)
14.48 USD
0 (0%)
Taking everything into account, PAX scores 5 out of 10 in our technical rating. In the last year, PAX was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
PAX is part of the Capital Markets industry. There are 237 other stocks in this industry. PAX outperforms 88% of them.
PAX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PAX is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that PAX is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month PAX has a been trading in the 13.61 - 15.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PAX has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 14.45, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PAX in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
12.60
15.11
4 important support areas can be observed.
- A support zone ranging from 13.97 to 14.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.33 to 13.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.09 from a horizontal line in the daily time frame.
- Support @12.73 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @14.96 from a horizontal 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 PAX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PAX is neutral. |
| ChartMill Relative Strength | 78.34 | POSITIVE | PAX has a high relative strength, it outperformed 78.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PAX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PAX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PAX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.15 | NEUTRAL | The RSI value for PAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PAX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 64.59 | NEUTRAL | The Stochastics value for PAX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for PAX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.46 | NEGATIVE | The low ADX value for PAX suggests a weak or negative trend. |
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)
14.48
+0.14 (+0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg0.98%
1 Week4.93%
2 Weeks1.26%
1 Month-3.14%
3 Month4.4%
6 Month45.09%
12 Month25.15%
2 Year12.34%
3 Year1.83%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%2.73%
ATR Inc-15.06%
Range Today0.24
ADR(20)0.38
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.34
Mansfield0.5
10 Day High14.81
10 Day Low13.61
20 Day High15.54
20 Day Low13.61
52 Week High15.54
52 Week Low9.43
CS1 End14.45
CR1 Start14.96
Volume & EV
DER(3)3.84%
DER(5)3.22%
Volume293.60K
Volume Incr-26.8%
Vol(5)395.92K
Vol(50)502.54K