PETROS PHARMACEUTICALS INC (PTPI)

US71678J2096 - Common Stock

1.51  +0.06 (+4.14%)

Technical Rating and Analysis

4

Taking everything into account, PTPI scores 4 out of 10 in our technical rating. PTPI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
PTPI 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.
PTPI has an average volume of 1285110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, PTPI outperforms 47% of them, which is more or less in line with the market.
PTPI is an average performer in the Pharmaceuticals industry, it outperforms 54% of 203 stocks in the same industry.
In the last month PTPI has a been trading in the 1.30 - 1.75 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.
Weekly and Daily overview Charts
PTPI Weekly chart
PTPI Daily chart
Setup Rating and Analysis

5

PTPI has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

1.11

1.70

4 important support areas can be observed.

  • A support zone ranging from 1.42 to 1.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.37 from a horizontal line in the daily time frame.
  • Support @1.20 from a trend line in the weekly time frame.
  • Support @1.12 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • Resistance @1.58 from a horizontal line in the daily time frame.
  • Resistance @1.68 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.84
Mansfield-4.35
10 Day High1.67
10 Day Low1.3
20 Day High1.75
20 Day Low1.3
52 Week High9.54
52 Week Low0.92
Performance
1 Week2.84%
2 Weeks1.05%
1 Month-13.69%
3 Month2.84%
6 Month-16.18%
12 Month3.94%
2 Year-7.05%
3 Year-61.13%
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)47.26
LBB1.36
UBB1.63
PTPI Daily chart

PETROS PHARMACEUTICALS INC

NASDAQ:PTPI (3/28/2024, 1:51:05 PM)

1.51

+0.06 (+4.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg4.14%
1 Week2.84%
2 Weeks1.05%
1 Month-13.69%
3 Month2.84%
6 Month-16.18%
12 Month3.94%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.14
ATR(20)%9.45%
ATR Inc
Range Today0.1
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.67
10 Day Low1.3
20 Day High1.75
20 Day Low1.3
52 Week High9.54
52 Week Low0.92
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume247.57K
Volume Incr-29.85%
Vol(5)707.38K
Vol(50)1.29M