PTC INC (PTC) Stock Technical Analysis
USA - NASDAQ:PTC - US69370C1009 - Common Stock
Overall PTC gets a technical rating of 0 out of 10. 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.
The technical rating of PTC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
172.18
When analyzing the support we notice one important area.
- A support zone ranging from 173.92 to 174.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 174.58 to 175.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @178.17 from a horizontal line in the daily time frame.
- A resistance zone ranging from 199.75 to 200.68. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @205.00 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for PTC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PTC is down. |
| ChartMill Relative Strength | 20.71 | NEGATIVE | PTC has a low relative strength, it was outperformed by 79.29% 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) | DOWN | NEGATIVE | The current price of PTC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 22.98 | OVERSOLD | The low RSI value suggests PTC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.12 | NEGATIVE | The MACD value suggests PTC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.65 | OVERSOLD | The low Stochastics value suggests PTC may be oversold. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for PTC suggests some volalility. |
| Average Directional Index/ADX (14) | 46.62 | POSITIVE | The high ADX value value for PTC suggests a strong trend. |
174.57
-3.59 (-2.02%)
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 22.9761. This indicates that the stock is currently oversold.
Can you provide the support and resistance levels for PTC INC?
PTC INC (PTC) has a support level at 174.56 and a resistance level at 174.58. Check the full technical report for our detailed analysis of PTC support and resistance levels.