Overall PTIX gets a technical rating of 0 out of 10. PTIX 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 technical rating of PTIX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.60
When analyzing the resistance we notice 3 important areas.
- Resistance @2.91 from a trend line in the weekly time frame.
- Resistance @3.09 from a trend line in the weekly time frame.
- Resistance @3.91 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 | DOWN | NEGATIVE | The long term trend for PTIX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PTIX is down. |
| ChartMill Relative Strength | 2.04 | NEGATIVE | PTIX has a low relative strength, it was outperformed by 97.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PTIX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PTIX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PTIX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.61 | OVERSOLD | The low RSI value suggests PTIX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PTIX has a negative trend. |
| Stochastics (14,3) | 13.83 | OVERSOLD | The low Stochastics value suggests PTIX may be oversold. |
| Average True Range in percent/ATR (20) | 12.41 | HIGH VOLATILITY | The high ATR as a percentage value for PTIX suggests high volalility. |
| Average Directional Index/ADX (14) | 31.05 | POSITIVE | The high ADX value value for PTIX suggests a strong trend. |
1.62
-0.03 (-1.82%)
PROTAGENIC THERAPEUTICS INC / PTIX FAQ
What is the ChartMill technical rating of PROTAGENIC THERAPEUTICS INC (PTIX) stock?
ChartMill assigns a technical rating of 0 / 10 to PTIX.
What is the trend direction for PTIX stock?
The current trend direction for PROTAGENIC THERAPEUTICS INC (PTIX) is Bearish.
What is the RSI signal for PTIX stock?
PROTAGENIC THERAPEUTICS INC (PTIX) has an RSI value of 28.6107. This indicates that the stock is currently oversold.
What is the MACD signal for PROTAGENIC THERAPEUTICS INC (PTIX) stock?
The MACD indicator for PROTAGENIC THERAPEUTICS INC (PTIX) has a value of -0.0125227, indicating a bearish trend.
What is the short term momentum for PTIX stock?
The short term momentum for PROTAGENIC THERAPEUTICS INC (PTIX) is negative.