Internet Patents Corp (PTNT) Stock Technical Analysis
NASDAQ:PTNT - Nasdaq -
Overall PTNT gets a technical rating of 2 out of 10. PTNT was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
When comparing the yearly performance of all stocks, PTNT is a bad performer in the overall market: 74% of all stocks are doing better.
Warning: PTNT has an average volume of 4643 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
PTNT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PTNT is lagging the market slightly.
In the last month PTNT has a been trading in the 2.71 - 3.08 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.
Although the technical rating is bad, PTNT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.90, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PTNT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
2.48
3.22
We found 2 important support areas.
- A support zone ranging from 2.86 to 2.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.50 to 2.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.93 to 3.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.16 to 3.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.5
Mansfield0.87
10 Day High3.02
10 Day Low2.84
20 Day High3.08
20 Day Low2.71
52 Week High3.44
52 Week Low2.35
Performance
1 Week0.34%
2 Weeks-3.96%
1 Month-2.68%
3 Month-5.83%
6 Month8.58%
12 Month-5.52%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)44.48
LBB2.84
UBB3.06
NASDAQ:PTNT (9/21/2015, 8:10:00 PM)
2.91
-0.02 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.68%
1 Week0.34%
2 Weeks-3.96%
1 Month-2.68%
3 Month-5.83%
6 Month8.58%
12 Month-5.52%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%3.42%
ATR Inc-43.8%
Range Today0
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
CRS26.5
Mansfield0.87
10 Day High3.02
10 Day Low2.84
20 Day High3.08
20 Day Low2.71
52 Week High3.44
52 Week Low2.35
CS1 End2.9
CR1 Start2.93
Volume & EV
DER(3)13.87%
DER(5)7.15%
Volume100
Volume Incr-69.81%
Vol(5)1.12K
Vol(50)4.64K