PATRIA INVESTMENTS LTD-A (PAX) Technical Analysis
NASDAQ:PAX • KYG694511059
Current stock price
PAX Technical Rating and Analysis
Taking everything into account, PAX scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. PAX was also a bad performer in the overall market in the last year.
- 66% of all other stocks performed better in the past year than PAX.
- In the last month PAX has a been trading in the 11.05 - 12.92 range, which is quite wide. It is currently trading near the high of this range.
- PAX has an average volume of 1141980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- PAX is an average performer in the Capital Markets industry, it outperforms 60% of 239 stocks in the same industry.
- PAX 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 PAX is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PAX Weekly and Daily overview Charts
PAX Setup Rating and Analysis
The technical rating of PAX is bad and it also does not present a 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
PAX Support and Resistance Analysis
11.08
When analyzing the support we notice one important area.
- A support zone ranging from 11.19 to 11.28. 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 12.67 to 12.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
PAX 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 | DOWN | NEGATIVE | The long term trend for PAX is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PAX is up. |
| ChartMill Relative Strength | 34.64 | NEUTRAL | PAX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PAX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PAX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PAX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.56 | NEUTRAL | The RSI value for PAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests PAX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.71 | OVERBOUGHT | The high Stochastics value suggests PAX may be overbought. |
| Average True Range in percent/ATR (20) | 3.31 | MEDIUM VOLATILITY | The ATR as a percentage value for PAX suggests some volalility. |
| Average Directional Index/ADX (14) | 32.9 | POSITIVE | The high ADX value value for PAX suggests a strong trend. |
PAX Chart- and CandleStick Pattern Analysis
PAX Technicals: Chart, Performance Metrics, Trend & Indicators
12.61
-0.05 (-0.39%)
PATRIA INVESTMENTS LTD-A / PAX TA FAQ
What is the technical rating for PAX stock?
ChartMill assigns a technical rating of 2 / 10 to PAX.
What is the trend direction for PAX stock?
The current trend direction for PATRIA INVESTMENTS LTD-A (PAX) is Bearish.
Can you provide the RSI signal for PATRIA INVESTMENTS LTD-A?
PATRIA INVESTMENTS LTD-A (PAX) has an RSI value of 55.5625. This indicates that the stock is currently neutral.
What is the MACD signal for PATRIA INVESTMENTS LTD-A (PAX) stock?
The MACD indicator for PATRIA INVESTMENTS LTD-A (PAX) has a value of 0.260037, indicating a bearish trend.
Can you provide the buy/sell signal for PATRIA INVESTMENTS LTD-A?
The buy/sell signal for PATRIA INVESTMENTS LTD-A (PAX) is hold as the short term and long term trends are mixed.