TDH HOLDINGS INC (PETZ) Stock Technical Analysis
NASDAQ:PETZ - VGG870841100 - Common Stock
1.0342 USD
+0.05 (+5.43%)
1.05 USD
+0.02 (+1.53%)
We assign a technical rating of 0 out of 10 to PETZ. PETZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, PETZ is a bad performer in the overall market: 77% of all stocks are doing better.
Warning: PETZ has an average volume of 7740 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
PETZ is part of the Food Products industry. There are 89 other stocks in this industry, PETZ did better than 55% of them.
PETZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PETZ is lagging the market.
In the last month PETZ has a been trading in the 0.95 - 1.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, PETZ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.01, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PETZ 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
0.93
1.37
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.00 to 1.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.98 to 0.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.94 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.04 to 1.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.10 to 1.11. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.17 from a trend line in the weekly time frame.
- Resistance @1.36 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 | DOWN | NEGATIVE | The long term trend for PETZ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PETZ is neutral. |
| ChartMill Relative Strength | 23.56 | NEGATIVE | PETZ has a low relative strength, it was outperformed by 76.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PETZ is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PETZ is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PETZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.85 | NEUTRAL | The RSI value for PETZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PETZ has a positive trend. |
| Stochastics (14,3) | 52.78 | NEUTRAL | The Stochastics value for PETZ is a neutral value. |
| Average True Range in percent/ATR (20) | 5.41 | HIGH VOLATILITY | The high ATR as a percentage value for PETZ suggests high volalility. |
| Average Directional Index/ADX (14) | 10.93 | NEGATIVE | The low ADX value for PETZ 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)
1.0342
+0.05 (+5.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg5.43%
1 Week4.99%
2 Weeks5.41%
1 Month-0.56%
3 Month8.87%
6 Month-16.6%
12 Month-15.92%
2 Year-9.28%
3 Year-75.55%
5 Year-13.09%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%5.41%
ATR Inc-18.19%
Range Today0.04
ADR(20)0.05
ADR(20)%4.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.56
Mansfield-1.63
10 Day High1.04
10 Day Low0.98
20 Day High1.1
20 Day Low0.95
52 Week High1.74
52 Week Low0.65
CS1 End1.01
CR1 Start1.04
Volume & EV
DER(3)15.97%
DER(5)14.94%
Volume22.50K
Volume Incr8.53%
Vol(5)7.00K
Vol(50)7.74K