PITANIUM LTD-CL A (PTNM) Stock Technical Analysis
USA - NASDAQ:PTNM - VGG7111A1012 - Common Stock
10.39 USD
-1.73 (-14.27%)
10.31 USD
-0.08 (-0.77%)
Overall PTNM gets a technical rating of 6 out of 10. PTNM has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, PTNM is a bad performer in the overall market: 100% of all stocks are doing better.
PTNM is one of the lesser performing stocks in the Specialty Retail industry. 95% of 122 stocks in the same industry do better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long and short term trends are both positive. This is looking good!
In the last month PTNM has a been trading in the 2.33 - 12.54 range, which is quite wide. It is currently trading near the high of this range.
PTNM has an average volume of 2694030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PTNM has an average technical rating and it also 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
10.29
10.54
We found 1 important resistance area.
- A resistance zone ranging from 10.40 to 10.44. This zone is formed by a combination of multiple trend lines and important moving averages 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 PTNM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PTNM is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | PTNM 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 PTNM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PTNM is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 62.75 | NEUTRAL | The RSI value for PTNM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests PTNM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.4 | OVERBOUGHT | The high Stochastics value suggests PTNM may be overbought. |
| Average True Range in percent/ATR (20) | 15.57 | HIGH VOLATILITY | The high ATR as a percentage value for PTNM suggests high volalility. |
| Average Directional Index/ADX (14) | 64.36 | POSITIVE | The high ADX value value for PTNM 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)
10.39
-1.73 (-14.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-14.27%
1 Week6.67%
2 Weeks37.62%
1 Month342.13%
3 Month22.24%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.36
ATR(20)%15.57%
ATR Inc13.64%
Range Today2.29
ADR(20)1.53
ADR(20)%14.73%
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 High12.54
10 Day Low7.08
20 Day High12.54
20 Day Low2.33
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start10.4
Volume & EV
DER(3)-3.66%
DER(5)-3.9%
Volume1.49M
Volume Incr-57.51%
Vol(5)1.32M
Vol(50)2.69M