POET TECHNOLOGIES INC (PTK.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:PTK • CA73044W3021
We assign a technical rating of 7 out of 10 to PTK. In the last year, PTK was one of the better performers, but we do observe some doubts in the very recent evolution.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that PTK is one of the better performing stocks in the market, outperforming 84% of all stocks. On top of that, PTK also shows a nice and consistent pattern of rising prices. However, this overall performance is mostly based on the strong move around 10 months ago.
- PTK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PTK is lagging the market.
- In the last month PTK has a been trading in the 6.50 - 8.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although PTK has an excellent technical rating, it does not offer a high 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
5.07
7 important support areas can be observed.
- A support zone ranging from 6.94 to 7.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.78 from a horizontal line in the daily time frame.
- Support @6.59 from a horizontal line in the daily time frame.
- Support @6.17 from a trend line in the daily time frame.
- Support @6.05 from a trend line in the weekly time frame.
- Support @5.83 from a trend line in the weekly time frame.
- Support @5.12 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.43 to 7.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.00 to 10.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 PTK.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PTK.CA is neutral. |
| ChartMill Relative Strength | 84.26 | POSITIVE | PTK.CA has a high relative strength, it outperformed 84.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PTK.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PTK.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PTK.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.93 | NEUTRAL | The RSI value for PTK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PTK.CA has a positive trend. |
| Stochastics (14,3) | 63.68 | NEUTRAL | The Stochastics value for PTK.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.73 | HIGH VOLATILITY | The high ATR as a percentage value for PTK.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.52 | NEGATIVE | The low ADX value for PTK.CA suggests a weak or negative trend. |
TSX-V:PTK (8/27/2025, 7:00:00 PM)
7.38
-0.11 (-1.47%)
POET TECHNOLOGIES INC / PTK.CA FAQ
What is the ChartMill technical rating of POET TECHNOLOGIES INC (PTK.CA) stock?
ChartMill assigns a technical rating of 7 / 10 to PTK.CA.
What is the trend direction for PTK stock?
The current trend direction for POET TECHNOLOGIES INC (PTK.CA) is Bullish.
What is the RSI signal for POET TECHNOLOGIES INC (PTK.CA) stock?
POET TECHNOLOGIES INC (PTK.CA) has an RSI value of 48.9251. This indicates that the stock is currently neutral.
Can you provide the MACD signal for POET TECHNOLOGIES INC?
The MACD indicator for POET TECHNOLOGIES INC (PTK.CA) has a value of 0.0313474, indicating a bearish trend.
Can you provide the support and resistance levels for POET TECHNOLOGIES INC?
POET TECHNOLOGIES INC (PTK.CA) has a support level at 7 and a resistance level at 7.43. Check the full technical report for our detailed analysis of PTK.CA support and resistance levels.