PAIN THERAPEUTICS INC (PTIE) Technical Analysis
NASDAQ:PTIE • US69562K5065
Current stock price
PTIE Technical Rating and Analysis
Taking everything into account, PTIE scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. PTIE was also a bad performer in the overall market in the last year.
- 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.
- When comparing the yearly performance of all stocks, PTIE is a bad performer in the overall market: 89% of all stocks are doing better.
- PTIE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month PTIE has a been trading in the 1.12 - 1.37 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.
PTIE Weekly and Daily overview Charts
PTIE Setup Rating and Analysis
PTIE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for PTIE 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.
More info and screens
PTIE Support and Resistance Analysis
1.12
When analyzing the support we notice one important area.
- Support @1.13 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.27 to 1.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
PTIE 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 | DOWN | NEGATIVE | The long term trend for PTIE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PTIE is neutral. |
| ChartMill Relative Strength | 11.68 | NEGATIVE | PTIE has a low relative strength, it was outperformed by 88.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PTIE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PTIE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PTIE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.94 | NEUTRAL | The RSI value for PTIE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PTIE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24 | NEUTRAL | The Stochastics value for PTIE is a neutral value. |
| Average True Range in percent/ATR (20) | 6.28 | HIGH VOLATILITY | The high ATR as a percentage value for PTIE suggests high volalility. |
PTIE Chart- and CandleStick Pattern Analysis
PTIE Technicals: Chart, Performance Metrics, Trend & Indicators
1.24
+0.08 (+6.9%)
PAIN THERAPEUTICS INC / PTIE TA FAQ
What is the ChartMill technical rating of PAIN THERAPEUTICS INC (PTIE) stock?
ChartMill assigns a technical rating of 4 / 10 to PTIE.
What is the current trend direction of PAIN THERAPEUTICS INC (PTIE) stock?
The current trend direction for PAIN THERAPEUTICS INC (PTIE) is Bearish.
What is the RSI signal for PTIE stock?
PAIN THERAPEUTICS INC (PTIE) has an RSI value of 54.9355. This indicates that the stock is currently neutral.
What is the short term momentum for PAIN THERAPEUTICS INC (PTIE) stock?
The short term momentum for PAIN THERAPEUTICS INC (PTIE) is neutral.