GRANITESHARES 2X PLTR ETF (PTIR) Stock Technical Analysis
USA - NASDAQ:PTIR - US38747R7109 - ETF
29.55 USD
-3.61 (-10.89%)
29.5 USD
-0.05 (-0.17%)
Taking everything into account, PTIR scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, PTIR has proven to be a steady performer, scoring decent points in every aspect analyzed.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that PTIR is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by PTIR over the past year are nicely spread over this period.
PTIR is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PTIR is lagging the market slightly.
PTIR has an average volume of 5147970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PTIR has a been trading in the 25.50 - 34.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, PTIR also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 29.17, a Stop Loss order could be placed below this zone.
More info and screens
26.01
33.49
When analyzing the support we can see 3 important areas.
- A support zone ranging from 29.03 to 29.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.97 to 27.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.27 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 31.04 to 31.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @32.52 from a horizontal line in the weekly time frame.
- Resistance @33.16 from a horizontal line in the daily time frame.
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 PTIR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PTIR is neutral. |
| ChartMill Relative Strength | 99.29 | POSITIVE | PTIR has a high relative strength, it outperformed 99.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PTIR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PTIR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PTIR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.02 | NEUTRAL | The RSI value for PTIR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests PTIR has a negative trend. |
| Stochastics (14,3) | 56.5 | NEUTRAL | The Stochastics value for PTIR is a neutral value. |
| Average True Range in percent/ATR (20) | 8.51 | HIGH VOLATILITY | The high ATR as a percentage value for PTIR suggests high volalility. |
| Average Directional Index/ADX (14) | 14.26 | NEGATIVE | The low ADX value for PTIR suggests a weak or negative trend. |
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)
29.55
-3.61 (-10.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-10.89%
1 Week1.79%
2 Weeks-3.9%
1 Month2.21%
3 Month40.98%
6 Month220.27%
12 Month809.79%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.7
ATR(20)%8.51%
ATR Inc39.24%
Range Today4.24
ADR(20)2.4
ADR(20)%8.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.29
Mansfield7.5
10 Day High34.48
10 Day Low28.15
20 Day High34.48
20 Day Low25.5
52 Week High36.34
52 Week Low2.79
CS1 End29.17
CR1 Start31.04
Volume & EV
DER(3)0.51%
DER(5)2.23%
Volume5.70M
Volume Incr-12.51%
Vol(5)4.33M
Vol(50)5.15M