PINTEC TECHNOLOGY HOLDINGS L (PT) Technical Analysis
NASDAQ:PT • US72352G2066
Current stock price
PT Technical Rating and Analysis
Taking everything into account, PT scores 7 out of 10 in our technical rating. PT has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- PT is one of the better performing stocks in the Consumer Finance industry, it outperforms 92% of 54 stocks in the same industry.
- In the last month PT has a been trading in the 0.90 - 1.24 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.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that PT is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- PT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PT is lagging the market slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PT Weekly and Daily overview Charts
PT Setup Rating and Analysis
Although PT has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
PT Support and Resistance Analysis
0.91
We found 2 important support areas.
- Support @0.96 from a trend line in the weekly time frame.
- Support @0.92 from a trend line in the daily time frame.
PT 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 | 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 | 89 | POSITIVE | PT has a high relative strength, it outperformed 89% off all stocks 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) | 73.43 | OVERBOUGHT | The high RSI value suggests PT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PT has a positive trend. |
| Stochastics (14,3) | 63.28 | NEUTRAL | The Stochastics value for PT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.76 | MEDIUM VOLATILITY | The ATR as a percentage value for PT suggests some volalility. |
| Average Directional Index/ADX (14) | 28.32 | POSITIVE | The high ADX value value for PT suggests a strong trend. |
PT Chart- and CandleStick Pattern Analysis
PT Technicals: Chart, Performance Metrics, Trend & Indicators
1.22
+0.25 (+26.1%)
PINTEC TECHNOLOGY HOLDINGS L / PT TA FAQ
Can you provide the ChartMill technical rating for PINTEC TECHNOLOGY HOLDINGS L?
ChartMill assigns a technical rating of 7 / 10 to PT.
What is the current trend direction of PINTEC TECHNOLOGY HOLDINGS L (PT) stock?
The current trend direction for PINTEC TECHNOLOGY HOLDINGS L (PT) is Bearish.
Can you provide the RSI signal for PINTEC TECHNOLOGY HOLDINGS L?
PINTEC TECHNOLOGY HOLDINGS L (PT) has an RSI value of 73.4322. This indicates that the stock is currently overbought.
What is the MACD signal for PT stock?
The MACD indicator for PINTEC TECHNOLOGY HOLDINGS L (PT) has a value of 0.0179779, indicating a bearish trend.