PINTEC TECHNOLOGY HOLDINGS L (PT) Stock Technical Analysis
NASDAQ:PT - Nasdaq - US72352G2066 - ADR - Currency: USD
Taking everything into account, PT scores 1 out of 10 in our technical rating. PT'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.
80% of all other stocks performed better in the past year than PT.
PT is one of the lesser performing stocks in the Consumer Finance industry. 78% of 53 stocks in the same industry do better.
Warning: PT has an average volume of 16260 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
PT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PT is lagging the market.
In the last month PT has a been trading in the 0.82 - 1.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.93. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.91, a Stop Loss order could be placed below this zone.
More info and screens
0.86
1.10
2 important support areas can be observed.
- Strong support @0.91 from a horizontal line in the daily time frame.
- A support zone ranging from 0.87 to 0.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.93 to 0.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.04 to 1.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.09 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for PT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PT is neutral. |
| ChartMill Relative Strength | 20.74 | NEGATIVE | PT has a low relative strength, it was outperformed by 79.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.82 | NEUTRAL | The RSI value for PT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PT has a negative trend. |
| Stochastics (14,3) | 41.43 | NEUTRAL | The Stochastics value for PT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.35 | HIGH VOLATILITY | The high ATR as a percentage value for PT suggests high volalility. |
| Average Directional Index/ADX (14) | 25.64 | POSITIVE | The high ADX value value for PT 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)
0.91
-0.03 (-3.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg-3.19%
1 Week-1.32%
2 Weeks-0.75%
1 Month-10.78%
3 Month-1.3%
6 Month-5.26%
12 Month-11.65%
2 Year-19.44%
3 Year-14.15%
5 Year-80.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%7.35%
ATR Inc-16.92%
Range Today0.06
ADR(20)0.07
ADR(20)%7.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.74
Mansfield-1.27
10 Day High1
10 Day Low0.89
20 Day High1.09
20 Day Low0.82
52 Week High1.15
52 Week Low0.76
CS1 End0.91
CR1 Start0.93
Volume & EV
DER(3)-29.61%
DER(5)-20.93%
Volume22.40K
Volume Incr-43.75%
Vol(5)11.20K
Vol(50)16.26K