PRT Technical Analysis - ESPRINET SPA

Technical Rating and Analysis

Overall PRT gets a technical rating of 9 out of 10. Both in the recent history as in the last year, PRT has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.

PRT is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 78% of 52 stocks in the same industry.

PRT is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month PRT has a been trading in the 4.36 - 6.22 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

When comparing the yearly performance of all stocks, we notice that PRT is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this relatively good performance is mostly due to a recent big move.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although PRT has an excellent technical rating, it does not present a decent entry opportunity 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

4.45

6.16

When analyzing the support we notice one important area.

Support @4.49 from a trend line in the daily time frame.

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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 PRT.MI is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for PRT.MI is up.
ChartMill Relative Strength	89.02	POSITIVE	PRT.MI has a high relative strength, it outperformed 89.02% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of PRT.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of PRT.MI is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of PRT.MI is above the rising SMA(200).
Relative Strength Index/RSI (14)	82.55	OVERBOUGHT	The high RSI value suggests PRT.MI may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.15	POSITIVE	The MACD value suggests PRT.MI has a positive trend, although the MACD value is declining.
Stochastics (14,3)	96.34	OVERBOUGHT	The high Stochastics value suggests PRT.MI may be overbought.
Average True Range in percent/ATR (20)	3.34	MEDIUM VOLATILITY	The ATR as a percentage value for PRT.MI suggests some volalility.
Average Directional Index/ADX (14)	40.13	POSITIVE	The high ADX value value for PRT.MI suggests a strong trend.