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.
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.
95% of all other stocks performed better in the past year than PNBK.
PNBK is part of the Banks industry. There are 392 other stocks in this industry, of which 96% are performing better than PNBK.
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 1.30 - 1.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, PNBK does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for PNBK 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
1.37
1.65
We found 2 important support areas.
- A support zone ranging from 1.52 to 1.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.38 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.63 from a horizontal line in the daily 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 PNBK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PNBK is neutral. |
| ChartMill Relative Strength | 5.41 | NEGATIVE | PNBK has a low relative strength, it was outperformed by 94.59% 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) | 48.45 | NEUTRAL | The RSI value for PNBK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests PNBK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.07 | NEUTRAL | The Stochastics value for PNBK is a neutral value. |
| Average True Range in percent/ATR (20) | 6.86 | HIGH VOLATILITY | The high ATR as a percentage value for PNBK suggests high volalility. |
| Average Directional Index/ADX (14) | 14.75 | NEGATIVE | The low ADX value for PNBK 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)
NASDAQ:PNBK (8/4/2025, 9:46:52 AM)
1.55
+0.02 (+1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.31%
1 Week3.38%
2 Weeks6.25%
1 Month4.08%
3 Month-64.58%
6 Month-1.92%
12 Month-11.05%
2 Year-81.02%
3 Year-87%
5 Year-73.58%
10 Year-91.38%
15 Year-91.9%
Volatility
ATR(14)0.11
ATR(20)%6.86%
ATR Inc-15.18%
Range Today0
ADR(20)0.1
ADR(20)%6.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.41
Mansfield-2.64
10 Day High1.67
10 Day Low1.38
20 Day High1.67
20 Day Low1.3
52 Week High7.47
52 Week Low0.9
CS1 End1.38
CR1 Start1.54
Volume & EV
DER(3)4.86%
DER(5)1.95%
Volume5
Volume Incr-68.53%
Vol(5)238.06K
Vol(50)962.94K