PATRIA INVESTMENTS LTD-A (PAX) Stock Technical Analysis
NASDAQ:PAX - Nasdaq - KYG694511059 - Common Stock - Currency: USD
Overall PAX gets a technical rating of 6 out of 10. 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.
In the last month PAX has a been trading in the 13.38 - 14.52 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
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 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.
Looking at the yearly performance, PAX did better than 78% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
PAX is an average performer in the Capital Markets industry, it outperforms 69% of 233 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
PAX has an average technical rating and it also does not offer a high quality setup 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
13.27
14.65
We found 1 important support area.
- A support zone ranging from 13.40 to 13.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 14.50 to 14.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 78.19 | POSITIVE | PAX has a high relative strength, it outperformed 78.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PAX is below 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) | 44.7 | NEUTRAL | The RSI value for PAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests PAX has a negative trend. |
| Stochastics (14,3) | 17.4 | OVERSOLD | The low Stochastics value suggests PAX may be oversold. |
| Average True Range in percent/ATR (20) | 2.16 | MEDIUM VOLATILITY | The ATR as a percentage value for PAX suggests some volalility. |
| Average Directional Index/ADX (14) | 30.58 | POSITIVE | The high ADX value value for PAX suggests a strong 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)
13.41
-0.25 (-1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.83%
1 Week-6.42%
2 Weeks-2.26%
1 Month-3.04%
3 Month34.37%
6 Month15.11%
12 Month6.85%
2 Year-11.89%
3 Year-6.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%2.16%
ATR Inc-10.6%
Range Today0.27
ADR(20)0.27
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.19
Mansfield0.46
10 Day High14.52
10 Day Low13.39
20 Day High14.52
20 Day Low13.39
52 Week High14.52
52 Week Low9.43
CS1 End13.4
CR1 Start14.5
Volume & EV
DER(3)-6.23%
DER(5)-3.74%
Volume392.90K
Volume Incr-29.51%
Vol(5)378.02K
Vol(50)604.41K