PATRIOT NATIONAL BANCORP INC (PNBK) Stock Technical Analysis
NASDAQ:PNBK - Nasdaq - US70336F2039 - Common Stock - Currency: USD
Overall PNBK gets a technical rating of 1 out of 10. PNBK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
85% of all other stocks performed better in the past year than PNBK.
PNBK is one of the lesser performing stocks in the Banks industry. 95% of 394 stocks in the same industry do better.
PNBK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month PNBK has a been trading in the 0.90 - 1.55 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
PNBK has a poor technical rating and the quality of the setup is also only medium 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
1.37
1.55
When analyzing the support we notice one important area.
- Support @1.38 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.52 to 1.53. 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 | DOWN | NEGATIVE | The long term trend for PNBK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PNBK is down. |
| ChartMill Relative Strength | 15.05 | NEGATIVE | PNBK has a low relative strength, it was outperformed by 84.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PNBK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PNBK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PNBK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.2 | NEUTRAL | The RSI value for PNBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests PNBK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.91 | OVERBOUGHT | The high Stochastics value suggests PNBK may be overbought. |
| Average True Range in percent/ATR (20) | 8.66 | HIGH VOLATILITY | The high ATR as a percentage value for PNBK suggests high volalility. |
| Average Directional Index/ADX (14) | 27.4 | POSITIVE | The high ADX value value for PNBK 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)
NASDAQ:PNBK (7/14/2025, 9:59:52 AM)
1.51
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0%
1 Week2.72%
2 Weeks7.86%
1 Month29.06%
3 Month4.86%
6 Month-15.14%
12 Month-22.56%
2 Year-83.92%
3 Year-86.89%
5 Year-74.83%
10 Year-91.01%
15 Year-91.37%
Volatility
ATR(14)0.14
ATR(20)%8.66%
ATR Inc-13.71%
Range Today0.07
ADR(20)0.13
ADR(20)%8.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.05
Mansfield-2.87
10 Day High1.55
10 Day Low1.3
20 Day High1.55
20 Day Low0.9
52 Week High7.47
52 Week Low0.9
CS1 End1.38
CR1 Start1.52
Volume & EV
DER(3)-3.71%
DER(5)-8.48%
Volume52.42K
Volume Incr-64.35%
Vol(5)487.34K
Vol(50)957.24K