TSX:PTG - Toronto Stock Exchange -
Overall PTG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PTG is showing a nice and steady performance.
PTG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.59, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
2.03
When analyzing the support we can see 3 important areas.
We found 1 important resistance area.
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 | UP | POSITIVE | The long term trend for PTG.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PTG.CA is up. |
ChartMill Relative Strength | 83.78 | POSITIVE | PTG.CA has a high relative strength, it outperformed 83.78% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PTG.CA is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PTG.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PTG.CA is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 70.55 | OVERBOUGHT | The high RSI value suggests PTG.CA may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PTG.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 88.89 | OVERBOUGHT | The high Stochastics value suggests PTG.CA may be overbought. |
Average True Range in percent/ATR (20) | 0.44 | LOW VOLATILITY | The low ATR as a percentage value for PTG.CA suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
2.62 | 2.56 | 0.06 (2.29%) | 25.00% |
An entry @2.62. This is a Buy Stop order right above the resistance zone. | An exit @2.56. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.06 points, which is 2.29%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.57%. |
Pivot Technology Solutions Inc
TSX:PTG (11/4/2020, 6:02:59 PM)
2.6
0 (0%)