Aratana Therapeutics Inc. (PETX) Technical Analysis
NASDAQ:PETX
Current stock price
PETX Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to PETX. Both in the recent history as in the last year, PETX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- In the last month PETX has a been trading in the 4.80 - 5.30 range, which is quite wide. It is currently trading near the lows of this range.
- 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.
- Looking at the yearly performance, PETX did better than 93% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- PETX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PETX is lagging the market.
- Volume is considerably higher in the last couple of days.
PETX Weekly and Daily overview Charts
PETX Setup Rating and Analysis
Besides having an excellent technical rating, PETX also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 4.62, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PETX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
PETX Support and Resistance Analysis
4.57
We found 1 important support area.
- A support zone ranging from 4.62 to 4.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 4.95 to 5.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.17 to 5.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.30 from a trend line in the weekly time frame.
PETX 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 | UP | POSITIVE | The long term trend for PETX is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PETX is neutral. |
| ChartMill Relative Strength | 93.61 | POSITIVE | PETX has a high relative strength, it outperformed 93.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PETX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PETX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PETX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.74 | NEUTRAL | The RSI value for PETX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests PETX has a negative trend. |
| Stochastics (14,3) | 31.37 | NEUTRAL | The Stochastics value for PETX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for PETX suggests some volalility. |
PETX Chart- and CandleStick Pattern Analysis
PETX Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.08 | 4.79 | 0.29 (5.71%) | 17.52% |
| An entry @5.08. This is a Buy Stop order right above the resistance zone. | An exit @4.79. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.29 points, which is 5.71%. | For a 1.00% total portfolio risk, you can invest 17.52% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
PETX Technicals: Chart, Performance Metrics, Trend & Indicators
4.92
-0.01 (-0.2%)
Aratana Therapeutics Inc. / PETX TA FAQ
What is the ChartMill technical rating of Aratana Therapeutics Inc. (PETX) stock?
ChartMill assigns a technical rating of 7 / 10 to PETX.
What is the current trend direction of Aratana Therapeutics Inc. (PETX) stock?
The current trend direction for Aratana Therapeutics Inc. (PETX) is Bullish.
What is the RSI signal for Aratana Therapeutics Inc. (PETX) stock?
Aratana Therapeutics Inc. (PETX) has an RSI value of 46.7358. This indicates that the stock is currently neutral.
What is the short term momentum for PETX stock?
The short term momentum for Aratana Therapeutics Inc. (PETX) is neutral.
What is the support and resistance level for PETX stock?
Aratana Therapeutics Inc. (PETX) has a support level at 4.62 and a resistance level at 4.95. Check the full technical report for our detailed analysis of PETX support and resistance levels.