Taking everything into account, PTC scores 1 out of 10 in our technical rating. PTC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
PTC 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 178.18. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 176.04, a Stop Loss order could be placed below this zone.
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165.08
When analyzing the support we can see 2 important areas.
- A support zone ranging from 170.15 to 176.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @166.75 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- 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 @193.48 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 | NEUTRAL | NEUTRAL | The short term trend for PTC is neutral. |
| ChartMill Relative Strength | 23.27 | NEGATIVE | PTC has a low relative strength, it was outperformed by 76.73% 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) | UP | MIXED | The current price of PTC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.55 | NEUTRAL | The RSI value for PTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.02 | POSITIVE | The MACD value suggests PTC has a positive trend. |
| Stochastics (14,3) | 55.08 | NEUTRAL | The Stochastics value for PTC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for PTC suggests some volalility. |
| Average Directional Index/ADX (14) | 27.36 | POSITIVE | The high ADX value value for PTC suggests a strong trend. |
178.17
+2.27 (+1.29%)
PTC INC / PTC FAQ
Can you provide the ChartMill technical rating for PTC INC?
ChartMill assigns a technical rating of 1 / 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 50.5533. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for PTC INC?
PTC INC (PTC) has a support level at 176.04 and a resistance level at 178.18. Check the full technical report for our detailed analysis of PTC support and resistance levels.