PATRIOT NATIONAL BANCORP INC (PNBK)

US70336F2039 - Common Stock

3.385  -0.41 (-10.92%)

After market: 3.95 +0.57 (+16.69%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to PNBK. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
94% of all other stocks performed better in the past year than PNBK.
PNBK is part of the Banks industry. There are 411 other stocks in this industry, of which 97% are performing better than PNBK.
PNBK is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so PNBK is lagging the market.
In the last month PNBK has a been trading in the 3.38 - 4.04 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: PNBK has an average volume of 1544 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Weekly and Daily overview Charts
PNBK Weekly chart
PNBK Daily chart
Setup Rating and Analysis

3

The technical rating of PNBK 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.

Support and Resistance Analysis

3.35

5.46

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 3.71 to 3.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @4.00 from a horizontal line in the daily time frame.
  • Resistance @5.41 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.67
Mansfield-5.03
10 Day High3.88
10 Day Low3.39
20 Day High4.04
20 Day Low3.39
52 Week High10.06
52 Week Low3.39
Performance
1 Week-7.26%
2 Weeks-9.73%
1 Month-13.21%
3 Month-21.1%
6 Month-49.67%
12 Month-63.44%
2 Year-78.16%
3 Year-63.64%
5 Year-79.3%
10 Year-73.13%
15 Year-91.41%
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)39.97
LBB3.46
UBB4.04
PNBK Daily chart

PATRIOT NATIONAL BANCORP INC

NASDAQ:PNBK (4/25/2024, 7:11:55 PM)

After market: 3.95 +0.57 (+16.69%)

3.385

-0.41 (-10.92%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-10.92%
1 Week-7.26%
2 Weeks-9.73%
1 Month-13.21%
3 Month-21.1%
6 Month-49.67%
12 Month-63.44%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.18
ATR(20)%5.22%
ATR Inc
Range Today0.23
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.88
10 Day Low3.39
20 Day High4.04
20 Day Low3.39
52 Week High10.06
52 Week Low3.39
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume3.30K
Volume Incr-40.98%
Vol(5)1.08K
Vol(50)1.54K