Portola Pharma (PTLA) Stock Technical Analysis
NASDAQ:PTLA - Nasdaq -
Overall PTLA gets a technical rating of 9 out of 10. Both in the recent history as in the last year, PTLA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
PTLA has an average volume of 5070000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, PTLA did better than 94% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
PTLA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PTLA is lagging the market.
In the last month PTLA has a been trading in a tight range between 17.89 and 18.07.
Considerably lower volume is observed in the last couple of days.
Although PTLA 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
9.36
29.99
2 important support areas can be observed.
- A support zone ranging from 17.75 to 17.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.45 from a trend line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 18.04 to 18.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.87 from a trend line in the daily time frame.
- Resistance @22.39 from a trend line in the weekly time frame.
- Resistance @29.69 from a trend line in the weekly 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 PTLA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PTLA is up. |
| ChartMill Relative Strength | 94.88 | POSITIVE | PTLA has a high relative strength, it outperformed 94.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PTLA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PTLA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PTLA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 80.86 | OVERBOUGHT | The high RSI value suggests PTLA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests PTLA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 84.75 | OVERBOUGHT | The high Stochastics value suggests PTLA may be overbought. |
| Average True Range in percent/ATR (20) | 0.21 | LOW VOLATILITY | The low ATR as a percentage value for PTLA suggests low volalility. |
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)
18.03
+0.04 (+0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.22%
1 Week0.45%
2 Weeks0.5%
1 Month0.56%
3 Month179.54%
6 Month-24.81%
12 Month-31.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%0.21%
ATR Inc37.25%
Range Today0.08
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.88
Mansfield-1.34
10 Day High18.07
10 Day Low17.9
20 Day High18.07
20 Day Low17.89
52 Week High31.73
52 Week Low5.31
CS1 End17.97
CR1 Start18.04
Volume & EV
DER(3)-1.93%
DER(5)-0.46%
Volume8.09M
Volume Incr42.84%
Vol(5)2.95M
Vol(50)5.07M