PTC THERAPEUTICS INC (PTCT) Technical Analysis
NASDAQ:PTCT • US69366J2006
Current stock price
66.13 USD
-0.87 (-1.3%)
At close:
66.13 USD
0 (0%)
After Hours:
PTCT Technical Rating and Analysis
Overall PTCT gets a technical rating of 2 out of 10. PTCT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month PTCT has a been trading in the 61.43 - 71.00 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.
- PTCT has an average volume of 1171380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, PTCT turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
- PTCT is part of the Biotechnology industry. There are 519 other stocks in this industry, PTCT did better than 55% of them.
- PTCT is currently trading in the middle 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 slightly.
PTCT Weekly and Daily overview Charts
PTCT Setup Rating and Analysis
PTCT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 65.80, a Stop Loss order could be placed below this zone.
More info and screens
PTCT Support and Resistance Analysis
43.40
73.07
We found 4 important support areas.
- A support zone ranging from 64.52 to 65.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 62.82 to 62.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @53.59 from a trend line in the weekly time frame.
- Support @43.84 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 66.14 to 67.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 68.56 to 69.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @72.35 from a trend line in the daily time frame.
PTCT Technical Indicator Signal Analysis
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 PTCT is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PTCT is neutral. |
| ChartMill Relative Strength | 58.38 | NEUTRAL | PTCT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PTCT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PTCT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PTCT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.45 | NEUTRAL | The RSI value for PTCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests PTCT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 51.86 | NEUTRAL | The Stochastics value for PTCT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for PTCT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.49 | NEUTRAL | The ADX value for PTCT suggests a possible start of a new trend. |
PTCT Chart- and CandleStick Pattern Analysis
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)
PTCT Technicals: Chart, Performance Metrics, Trend & Indicators
66.13
-0.87 (-1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.3%
1 Week1.27%
2 Weeks2.54%
1 Month-3.02%
3 Month-15.82%
6 Month12.1%
12 Month21.92%
2 Year127.33%
3 Year36.52%
5 Year39.66%
10 Year926.86%
15 YearN/A
Volatility
ATR(14)2.71
ATR(20)%4.38%
ATR Inc-35.39%
Range Today1.8
ADR(20)2.66
ADR(20)%4.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.38
3 months CRS24.96
6 months CRS83.73
Mansfield1.05
10 Day High69.02
10 Day Low64
20 Day High71
20 Day Low61.43
52 Week High87.5
52 Week Low35.95
CS1 End65.8
CR1 Start66.14
Volume & EV
DER(3)-2.42%
DER(5)-1.65%
Volume1.04M
Volume Incr-29.89%
Vol(5)920.00K
Vol(50)1.17M
PTC THERAPEUTICS INC / PTCT TA FAQ
What is the ChartMill technical rating of PTC THERAPEUTICS INC (PTCT) stock?
ChartMill assigns a technical rating of 2 / 10 to PTCT.
What is the trend direction for PTCT stock?
The current trend direction for PTC THERAPEUTICS INC (PTCT) is Bearish.
Can you provide the RSI signal for PTC THERAPEUTICS INC?
PTC THERAPEUTICS INC (PTCT) has an RSI value of 46.4523. This indicates that the stock is currently neutral.
What is the support and resistance level for PTCT stock?
PTC THERAPEUTICS INC (PTCT) has a support level at 65.8 and a resistance level at 66.14. Check the full technical report for our detailed analysis of PTCT support and resistance levels.