Taking everything into account, PRTH scores 1 out of 10 in our technical rating. PRTH'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.
Although the technical rating is bad, PRTH 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.
4.79
3 important support areas can be observed.
When analyzing the resistance we notice 6 important areas.
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 PRTH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PRTH is down. |
| ChartMill Relative Strength | 11.18 | NEGATIVE | PRTH has a low relative strength, it was outperformed by 88.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PRTH is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PRTH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PRTH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.24 | NEUTRAL | The RSI value for PRTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PRTH has a positive trend. |
| Stochastics (14,3) | 22.73 | NEUTRAL | The Stochastics value for PRTH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for PRTH suggests some volalility. |
| Average Directional Index/ADX (14) | 11.77 | NEGATIVE | The low ADX value for PRTH suggests a weak or negative trend. |
5.61
+0.02 (+0.36%)
ChartMill assigns a technical rating of 1 / 10 to PRTH.
The current trend direction for PRIORITY TECHNOLOGY HOLDINGS (PRTH) is Bearish.
PRIORITY TECHNOLOGY HOLDINGS (PRTH) has an RSI value of 45.2419. This indicates that the stock is currently neutral.
The MACD indicator for PRIORITY TECHNOLOGY HOLDINGS (PRTH) has a value of 0.0273693, indicating a bearish trend.
The buy/sell signal for PRIORITY TECHNOLOGY HOLDINGS (PRTH) is sell as both the short term and long term trends are negative.