POET TECHNOLOGIES INC (PTK.CA) Stock Technical Analysis
TSX-V:PTK - TSX Venture Exchange - CA73044W3021 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to PTK. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month PTK has a been trading in the 6.98 - 10.36 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Looking at the yearly performance, PTK did better than 89% of all other stocks. On top of that, PTK also shows a nice and consistent pattern of rising prices.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
PTK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PTK is lagging the market slightly.
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
10.10
When analyzing the support we can see 4 important areas.
- Support @6.59 from a horizontal line in the daily time frame.
- A support zone ranging from 5.79 to 5.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.50 to 5.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.12 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- 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 | DOWN | NEGATIVE | The short term trend for PTK.CA is down. |
| ChartMill Relative Strength | 89.92 | POSITIVE | PTK.CA has a high relative strength, it outperformed 89.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PTK.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PTK.CA is above 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) | 44.06 | NEUTRAL | The RSI value for PTK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests PTK.CA has a negative trend. |
| Stochastics (14,3) | 5.76 | OVERSOLD | The low Stochastics value suggests PTK.CA may be oversold. |
| Average True Range in percent/ATR (20) | 10.29 | HIGH VOLATILITY | The high ATR as a percentage value for PTK.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.33 | POSITIVE | The high ADX value value for PTK.CA suggests a strong 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)
TSX-V:PTK (8/1/2025, 7:00:00 PM)
7.45
-0.25 (-3.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-3.25%
1 Week-12.56%
2 Weeks-13.37%
1 Month-3.25%
3 Month23.55%
6 Month7.66%
12 Month93.01%
2 Year38.73%
3 Year44.1%
5 Year40.57%
10 Year-15.34%
15 Year148.33%
Volatility
ATR(14)0.67
ATR(20)%10.29%
ATR Inc-24.19%
Range Today0.33
ADR(20)0.69
ADR(20)%9.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.92
Mansfield1.4
10 Day High9.55
10 Day Low7.19
20 Day High10.36
20 Day Low6.98
52 Week High10.53
52 Week Low3.24
CS1 End6.59
CR1 Start10
Volume & EV
DER(3)13.07%
DER(5)12.75%
Volume188.82K
Volume Incr-29.01%
Vol(5)233.79K
Vol(50)213.96K