PARTNER COMMUNICATIONS-ADR (PTNR) Stock Technical Analysis
NASDAQ:PTNR - Nasdaq - US70211M1099 - ADR - Currency: USD
Overall PTNR gets a technical rating of 0 out of 10. PTNR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, PTNR is a bad performer in the overall market: 73% of all stocks are doing better.
PTNR is one of the lesser performing stocks in the Wireless Telecommunication Services industry. 80% of 21 stocks in the same industry do better.
PTNR 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 PTNR has a been trading in the 6.31 - 7.42 range, which is quite wide. It is currently trading near the lows of this range.
Warning: PTNR has an average volume of 10266 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, PTNR does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
6.36
8.67
When analyzing the support we notice one important area.
- A support zone ranging from 6.42 to 6.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 6.90 to 7.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.42 to 7.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.75 from a horizontal line in the daily time frame.
- Resistance @8.58 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for PTNR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PTNR is down. |
| ChartMill Relative Strength | 27 | NEGATIVE | PTNR has a low relative strength, it was outperformed by 73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PTNR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PTNR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PTNR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.79 | NEUTRAL | The RSI value for PTNR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests PTNR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.25 | NEUTRAL | The Stochastics value for PTNR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.42 | MEDIUM VOLATILITY | The ATR as a percentage value for PTNR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.89 | NEGATIVE | The low ADX value for PTNR suggests a weak or negative 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)
6.61
-0.11 (-1.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg-1.64%
1 Week2.01%
2 Weeks-7.68%
1 Month-6.51%
3 Month-9.08%
6 Month-23.23%
12 Month-16.06%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%4.42%
ATR Inc15.51%
Range Today0.18
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
CRS27
Mansfield-1.44
10 Day High7.37
10 Day Low6.31
20 Day High7.42
20 Day Low6.31
52 Week High9.49
52 Week Low6.31
CS1 End6.42
CR1 Start6.9
Volume & EV
DER(3)-10.89%
DER(5)-9.82%
Volume35.70K
Volume Incr81.17%
Vol(5)28.76K
Vol(50)10.27K