PTC THERAPEUTICS INC (PTCT)

US69366J2006 - Common Stock

28.57  +3.08 (+12.08%)

After market: 28.57 0 (0%)

Technical Rating and Analysis

3

Taking everything into account, PTCT scores 3 out of 10 in our technical rating. PTCT performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

When comparing the yearly performance of all stocks, PTCT is a bad performer in the overall market: 85% of all stocks are doing better.
PTCT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PTCT is lagging the market.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
PTCT is an average performer in the Biotechnology industry, it outperforms 44% of 588 stocks in the same industry.
In the last month PTCT has a been trading in the 24.00 - 29.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
PTCT Weekly chart
PTCT Daily chart
Setup Rating and Analysis

2

The technical rating of PTCT 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.

Support and Resistance Analysis

23.91

32.27

We found 2 important support areas.

  • A support zone ranging from 24.69 to 25.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @24.15 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 3 important areas.

  • Resistance @28.78 from a trend line in the daily time frame.
  • Resistance @29.27 from a trend line in the weekly time frame.
  • A resistance zone ranging from 31.95 to 31.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.22
Mansfield-2.03
10 Day High29.27
10 Day Low24
20 Day High29.42
20 Day Low24
52 Week High59.84
52 Week Low17.53
Performance
1 Week12.84%
2 Weeks8.14%
1 Month-1.79%
3 Month5.62%
6 Month54.35%
12 Month-48.19%
2 Year-19.13%
3 Year-30.67%
5 Year-23.65%
10 Year46.21%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.16
RSI(14)58.14
LBB23.89
UBB28.27
PTCT Daily chart

PTC THERAPEUTICS INC

NASDAQ:PTCT (4/26/2024, 7:11:42 PM)

After market: 28.57 0 (0%)

28.57

+3.08 (+12.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg12.08%
1 Week12.84%
2 Weeks8.14%
1 Month-1.79%
3 Month5.62%
6 Month54.35%
12 Month-48.19%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.43
ATR(20)%4.88%
ATR Inc
Range Today3.6
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High29.27
10 Day Low24
20 Day High29.42
20 Day Low24
52 Week High59.84
52 Week Low17.53
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.65M
Volume Incr15.18%
Vol(5)926.62K
Vol(50)877.83K