PTL LTD (PTLE) Stock Technical Analysis
NASDAQ:PTLE - Nasdaq - VGG7377S1011 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to PTLE. Recently some decent action could be observed, but in the medium term time frame this is still negative. PTLE was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, PTLE is a bad performer in the overall market: 100% of all stocks are doing better.
PTLE is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry, of which 91% are performing better than PTLE.
PTLE has an average volume of 1060020 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PTLE has a been trading in the 1.08 - 1.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
PTLE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.38, a Stop Loss order could be placed below this zone.
More info and screens
1.15
1.56
2 important support areas can be observed.
- A support zone ranging from 1.33 to 1.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.16 to 1.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @1.42 from a horizontal line in the weekly time frame.
- Resistance @1.54 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 PTLE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PTLE is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | PTLE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PTLE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PTLE is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 52.07 | NEUTRAL | The RSI value for PTLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PTLE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.32 | NEUTRAL | The Stochastics value for PTLE is a neutral value. |
| Average True Range in percent/ATR (20) | 15.06 | HIGH VOLATILITY | The high ATR as a percentage value for PTLE suggests high volalility. |
| Average Directional Index/ADX (14) | 29.32 | POSITIVE | The high ADX value value for PTLE 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)
1.41
-0.02 (-1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.4%
1 Week-2.08%
2 Weeks-1.05%
1 Month17.5%
3 Month21.55%
6 Month-80.14%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%15.06%
ATR Inc-29.5%
Range Today0.17
ADR(20)0.21
ADR(20)%15.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.6
10 Day Low1.08
20 Day High1.88
20 Day Low1.08
52 Week HighN/A
52 Week LowN/A
CS1 End1.38
CR1 Start1.42
Volume & EV
DER(3)-15.57%
DER(5)-18.58%
Volume4.93M
Volume Incr355.09%
Vol(5)5.03M
Vol(50)1.06M