PTC INC (PTC) Stock Technical Analysis
NASDAQ:PTC • US69370C1009
We assign a technical rating of 1 out of 10 to PTC. PTC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 77% of all other stocks performed better in the past year than PTC.
- PTC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- PTC is one of the better performing stocks in the Software industry, it outperforms 75% of 276 stocks in the same industry.
- In the last month PTC has a been trading in the 146.72 - 162.93 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- PTC has an average volume of 1065650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, PTC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 156.00, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PTC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
149.28
We found 2 important support areas.
- A support zone ranging from 154.72 to 156.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @150.79 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @173.24 from a horizontal line in the daily time frame.
- A resistance zone ranging from 178.18 to 179.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @210.47 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for PTC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PTC is down. |
| ChartMill Relative Strength | 23.57 | NEGATIVE | PTC has a low relative strength, it was outperformed by 76.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PTC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PTC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PTC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.08 | NEUTRAL | The RSI value for PTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.8 | POSITIVE | The MACD value suggests PTC has a positive trend. |
| Stochastics (14,3) | 55.9 | NEUTRAL | The Stochastics value for PTC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.7 | MEDIUM VOLATILITY | The ATR as a percentage value for PTC suggests some volalility. |
| Average Directional Index/ADX (14) | 42.16 | POSITIVE | The high ADX value value for PTC suggests a strong trend. |
156.59
-0.6 (-0.38%)
PTC INC / PTC FAQ
Can you provide the ChartMill technical rating for PTC INC?
ChartMill assigns a technical rating of 1 / 10 to PTC.
What is the current trend direction of PTC INC (PTC) stock?
The current trend direction for PTC INC (PTC) is Bearish.
What is the RSI signal for PTC INC (PTC) stock?
PTC INC (PTC) has an RSI value of 48.0806. This indicates that the stock is currently neutral.
What is the MACD signal for PTC INC (PTC) stock?
The MACD indicator for PTC INC (PTC) has a value of 0.804435, indicating a bearish trend.
What is the short term momentum for PTC stock?
The short term momentum for PTC INC (PTC) is negative.