POET TECHNOLOGIES INC (PTK.CA) Stock Technical Analysis
TSX-V:PTK - TSX Venture Exchange - CA73044W3021 - Common Stock - Currency: CAD
Overall PTK gets a technical rating of 7 out of 10. In the past year, PTK was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, PTK did better than 91% of all other stocks. On top of that, PTK also shows a nice and consistent pattern of rising prices.
PTK is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month PTK has a been trading in the 4.28 - 6.39 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, the quality of the presented setup is not ideal 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
4.62
6.04
We found 3 important support areas.
- A support zone ranging from 5.51 to 5.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.12 to 5.13. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @4.67 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.71 to 5.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.98 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.03
Mansfield0.97
10 Day High6.39
10 Day Low4.98
20 Day High6.39
20 Day Low4.28
52 Week High10.53
52 Week Low2.24
Performance
1 Week-0.71%
2 Weeks7.71%
1 Month1.08%
3 Month-19.22%
6 Month8.75%
12 Month99.64%
2 Year-3.29%
3 Year-21.93%
5 Year11.8%
10 Year-60.63%
15 Year179.5%
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)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)51.43
LBB4.99
UBB5.92
TSX-V:PTK (5/1/2025, 7:00:00 PM)
5.59
-0.01 (-0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-0.18%
1 Week-0.71%
2 Weeks7.71%
1 Month1.08%
3 Month-19.22%
6 Month8.75%
12 Month99.64%
2 Year-3.29%
3 Year-21.93%
5 Year11.8%
10 Year-60.63%
15 Year179.5%
Volatility
ATR(14)0.3
ATR(20)%7.62%
ATR Inc-13.01%
Range Today0.28
ADR(20)0.4
ADR(20)%7.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.03
Mansfield0.97
10 Day High6.39
10 Day Low4.98
20 Day High6.39
20 Day Low4.28
52 Week High10.53
52 Week Low2.24
CS1 End5.58
CR1 Start5.71
Volume & EV
DER(3)-0.68%
DER(5)-0.63%
Volume44.01K
Volume Incr-8.12%
Vol(5)91.14K
Vol(50)122.88K