PTL LTD-A (PTLE) Technical Analysis
NASDAQ:PTLE • VGG7377S1276
Current stock price
PTLE Technical Rating and Analysis
Overall PTLE gets a technical rating of 1 out of 10. PTLE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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.
- 97% of all other stocks performed better in the past year than PTLE.
- PTLE is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 92% of 209 stocks in the same industry do better.
- PTLE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month PTLE has a been trading in the 4.00 - 12.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
PTLE Weekly and Daily overview Charts
PTLE Setup Rating and Analysis
The technical rating of PTLE is bad and it also does not present a 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
PTLE Support and Resistance Analysis
7.84
When analyzing the support we notice one important area.
- A support zone ranging from 7.92 to 7.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 4 important resistance areas.
- Resistance @8.55 from a trend line in the daily time frame.
- A resistance zone ranging from 8.83 to 8.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.76 from a horizontal line in the daily time frame.
- Resistance @10.00 from a horizontal line in the daily time frame.
PTLE Technical Indicator Signal Analysis
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 | 3.29 | NEGATIVE | PTLE has a low relative strength, it was outperformed by 96.71% 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) | DOWN | NEGATIVE | The current price of PTLE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PTLE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.57 | NEUTRAL | The RSI value for PTLE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests PTLE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.85 | OVERBOUGHT | The high Stochastics value suggests PTLE may be overbought. |
| Average True Range in percent/ATR (20) | 16.8 | HIGH VOLATILITY | The high ATR as a percentage value for PTLE suggests high volalility. |
| Average Directional Index/ADX (14) | 31.88 | POSITIVE | The high ADX value value for PTLE suggests a strong trend. |
PTLE Chart- and CandleStick Pattern Analysis
PTLE Technicals: Chart, Performance Metrics, Trend & Indicators
7.95
-0.3 (-3.64%)
PTL LTD-A / PTLE TA FAQ
Can you provide the ChartMill technical rating for PTL LTD-A?
ChartMill assigns a technical rating of 1 / 10 to PTLE.
Can you provide the trend direction for PTL LTD-A?
The current trend direction for PTL LTD-A (PTLE) is Bearish.
What is the RSI signal for PTL LTD-A (PTLE) stock?
PTL LTD-A (PTLE) has an RSI value of 52.57. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PTL LTD-A?
The short term momentum for PTL LTD-A (PTLE) is neutral.
Can you provide the support and resistance levels for PTL LTD-A?
PTL LTD-A (PTLE) has a support level at 7.94 and a resistance level at 8.55. Check the full technical report for our detailed analysis of PTLE support and resistance levels.