Logo image of PTI

Proteostasis Ther (PTI) Stock Technical Analysis

NYSE:PTI - New York Stock Exchange, Inc. -

1.11  -0.04 (-3.48%)

After market: 1.1 -0.01 (-0.9%)

Technical Rating and Analysis

2

Overall PTI gets a technical rating of 2 out of 10. PTI 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
96% of all other stocks performed better in the past year than PTI.
PTI 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 PTI is lagging the market.
In the last month PTI has a been trading in the 0.98 - 1.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
Proteostasis Ther / PTI Weekly stock chart
Proteostasis Ther / PTI Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is bad, PTI does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.02, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PTI in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

0.96

1.83

We found 2 important support areas.

  • A support zone ranging from 1.01 to 1.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 0.97 to 0.98. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 5 important resistance areas.

  • Resistance @1.20 from a horizontal line in the weekly time frame.
  • Resistance @1.23 from a trend line in the daily time frame.
  • Resistance @1.27 from a horizontal line in the daily time frame.
  • Resistance @1.68 from a trend line in the daily time frame.
  • Resistance @1.81 from a horizontal line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for PTI is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for PTI is neutral.
ChartMill Relative Strength4NEGATIVEPTI has a low relative strength, it was outperformed by 96% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of PTI is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of PTI is above a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of PTI is below a declining SMA(200).
Relative Strength Index/RSI (14)49.29NEUTRALThe RSI value for PTI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests PTI has a positive trend, although the MACD value is declining.
Stochastics (14,3)45.45NEUTRALThe Stochastics value for PTI is a neutral value.
Average True Range in percent/ATR (20)7.97HIGH VOLATILITYThe high ATR as a percentage value for PTI suggests high volalility.
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)
Proteostasis Ther / PTI Daily stock chart

Proteostasis Ther

NYSE:PTI (12/22/2020, 8:00:01 PM)

After market: 1.1 -0.01 (-0.9%)

1.11

-0.04 (-3.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.48%
1 Week-5.93%
2 Weeks-9.76%
1 Month8.82%
3 Month-0.89%
6 Month-21.28%
12 Month-50.22%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%7.97%
ATR Inc-0.64%
Range Today0.1
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4
Mansfield-3.11
10 Day High1.31
10 Day Low1.1
20 Day High1.31
20 Day Low0.98
52 Week High2.39
52 Week Low0.87
CS1 End1.02
CR1 Start1.2
Volume & EV
DER(3)1.5%
DER(5)4.66%
Volume2.11M
Volume Incr37.91%
Vol(5)1.07M
Vol(50)625.71K