COHEN & STEERS TAX-ADVANTAGE (PTA) Technical Analysis
NYSE:PTA • US19249X1081
Current stock price
PTA Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to PTA. Recently some decent action could be observed, but in the medium term time frame this is still negative. PTA was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, PTA is a bad performer in the overall market: 62% of all stocks are doing better.
- In the last month PTA has a been trading in the 18.13 - 19.33 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- PTA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PTA is lagging the market.
PTA Weekly and Daily overview Charts
PTA Setup Rating and Analysis
PTA 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 19.27. Right above this resistance zone may be a good entry point.
More info and screens
PTA Support and Resistance Analysis
17.75
We found 2 important support areas.
- A support zone ranging from 18.83 to 19.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.93 to 17.93. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 19.27 to 19.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong resistance @19.98 from a horizontal line in the daily time frame.
- A resistance zone ranging from 20.88 to 21.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
PTA 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 | DOWN | NEGATIVE | The long term trend for PTA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PTA is up. |
| ChartMill Relative Strength | 38.3 | NEUTRAL | PTA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PTA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PTA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PTA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.65 | NEUTRAL | The RSI value for PTA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests PTA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.33 | OVERBOUGHT | The high Stochastics value suggests PTA may be overbought. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for PTA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.25 | NEUTRAL | The ADX value for PTA suggests a possible start of a new trend. |
PTA Chart- and CandleStick Pattern Analysis
PTA Technicals: Chart, Performance Metrics, Trend & Indicators
19.23
+0.03 (+0.16%)
COHEN & STEERS TAX-ADVANTAGE / PTA TA FAQ
What is the technical rating for PTA stock?
ChartMill assigns a technical rating of 2 / 10 to PTA.
Can you provide the trend direction for COHEN & STEERS TAX-ADVANTAGE?
The current trend direction for COHEN & STEERS TAX-ADVANTAGE (PTA) is Bearish.
What is the RSI signal for PTA stock?
COHEN & STEERS TAX-ADVANTAGE (PTA) has an RSI value of 55.649. This indicates that the stock is currently neutral.
What is the short term momentum for COHEN & STEERS TAX-ADVANTAGE (PTA) stock?
The short term momentum for COHEN & STEERS TAX-ADVANTAGE (PTA) is positive.
Can you provide the buy/sell signal for COHEN & STEERS TAX-ADVANTAGE?
The buy/sell signal for COHEN & STEERS TAX-ADVANTAGE (PTA) is hold as the short term and long term trends are mixed.