We assign a technical rating of 0 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.
Although the technical rating is bad, PTC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 172.11, a Stop Loss order could be placed below this zone.
More info and screens
165.08
2 important support areas can be observed.
- A support zone ranging from 170.15 to 172.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @166.75 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 174.54 to 175.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @178.51 from a horizontal line in the daily time frame.
- Resistance @196.36 from a trend line in the daily time frame.
- 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 | 17.88 | NEGATIVE | PTC has a low relative strength, it was outperformed by 82.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PTC is below a declining 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) | UP | MIXED | The current price of PTC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.11 | NEUTRAL | The RSI value for PTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.29 | POSITIVE | The MACD value suggests PTC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.61 | NEUTRAL | The Stochastics value for PTC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for PTC suggests some volalility. |
| Average Directional Index/ADX (14) | 42.6 | POSITIVE | The high ADX value value for PTC suggests a strong trend. |
173.52
-4.98 (-2.79%)
PTC INC / PTC FAQ
Can you provide the ChartMill technical rating for PTC INC?
ChartMill assigns a technical rating of 0 / 10 to PTC.
Can you provide the trend direction for PTC INC?
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 38.1102. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for PTC INC?
The buy/sell signal for PTC INC (PTC) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for PTC INC?
PTC INC (PTC) has a support level at 172.11 and a resistance level at 174.54. Check the full technical report for our detailed analysis of PTC support and resistance levels.