PINTEC TECHNOLOGY HOLDINGS L (PT) Stock Technical Analysis
NASDAQ:PT - US72352G2066 - ADR
0.9899 USD
+0.01 (+1.01%)
0.9101 USD
-0.08 (-8.06%)
Taking everything into account, PT scores 6 out of 10 in our technical rating. PT has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
PT is part of the Consumer Finance industry. There are 53 other stocks in this industry, of which 69% are performing better than PT.
Warning: PT has an average volume of 13016 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When compared to the yearly performance of all other stocks, PT outperforms 42% of them, which is more or less in line with the market.
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 0.88 - 1.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, PT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 1.02. Right above this resistance zone may be a good entry point.
More info and screens
0.87
1.10
2 important support areas can be observed.
- A support zone ranging from 0.95 to 0.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.88 to 0.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.02 to 1.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.08 to 1.09. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for PT is up. |
| ChartMill Relative Strength | 42.62 | NEUTRAL | PT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.9 | NEUTRAL | The RSI value for PT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.75 | NEUTRAL | The Stochastics value for PT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.29 | MEDIUM VOLATILITY | The ATR as a percentage value for PT suggests some volalility. |
| Average Directional Index/ADX (14) | 23.42 | NEUTRAL | The ADX value for PT suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.07 | 0.94 | 0.13 (12.15%) | 8.23% |
| An entry @1.07. This is a Buy Stop order right above the resistance zone. | An exit @0.94. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.13 points, which is 12.15%. | When investing 8.23% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
0.9899
+0.01 (+1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg1.01%
1 Week-0.21%
2 Weeks7.31%
1 Month4.31%
3 Month8.36%
6 Month-2.47%
12 Month-3.89%
2 Year-12.37%
3 Year-6.61%
5 Year-79.07%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%4.29%
ATR Inc-24.78%
Range Today0
ADR(20)0.04
ADR(20)%4.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.62
Mansfield-0.77
10 Day High1.04
10 Day Low0.93
20 Day High1.04
20 Day Low0.88
52 Week High1.15
52 Week Low0.76
CS1 End0.96
CR1 Start1.02
Volume & EV
DER(3)-23.83%
DER(5)-14.22%
Volume200
Volume Incr6.68%
Vol(5)8.54K
Vol(50)13.02K