Protech Home Medical Corp (PTQ.CA) Technical Analysis
TSX-V:PTQ
Current stock price
PTQ.CA Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to PTQ. Although PTQ is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- When comparing the yearly performance of all stocks, we notice that PTQ is one of the better performing stocks in the market, outperforming 71% of all stocks. We also observe that the gains produced by PTQ over the past year are nicely spread over this period.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- PTQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PTQ is lagging the market.
- In the last month PTQ has a been trading in the 1.90 - 2.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
PTQ.CA Weekly and Daily overview Charts
PTQ.CA Setup Rating and Analysis
PTQ has an average technical rating and also the quality of the setup is only medium 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
PTQ.CA Support and Resistance Analysis
1.84
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.95 to 2.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.86 to 1.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.07 to 2.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.18 from a horizontal line in the daily time frame.
- Resistance @2.45 from a horizontal line in the weekly time frame.
- Resistance @2.52 from a horizontal line in the daily time frame.
PTQ.CA 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 | NEUTRAL | NEUTRAL | The long term trend for PTQ.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PTQ.CA is neutral. |
| ChartMill Relative Strength | 71.62 | POSITIVE | PTQ.CA has a high relative strength, it outperformed 71.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PTQ.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PTQ.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PTQ.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.3 | NEUTRAL | The RSI value for PTQ.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PTQ.CA has a positive trend. |
| Stochastics (14,3) | 52.47 | NEUTRAL | The Stochastics value for PTQ.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.54 | MEDIUM VOLATILITY | The ATR as a percentage value for PTQ.CA suggests some volalility. |
PTQ.CA Chart- and CandleStick Pattern Analysis
PTQ.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:PTQ (5/12/2021, 4:01:00 PM)
2.06
-0.11 (-5.07%)
Protech Home Medical Corp / PTQ.CA TA FAQ
Can you provide the ChartMill technical rating for Protech Home Medical Corp?
ChartMill assigns a technical rating of 4 / 10 to PTQ.CA.
What is the trend direction for PTQ stock?
The current trend direction for Protech Home Medical Corp (PTQ.CA) is Bearish.
What is the RSI signal for PTQ stock?
Protech Home Medical Corp (PTQ.CA) has an RSI value of 46.2963. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Protech Home Medical Corp?
The short term momentum for Protech Home Medical Corp (PTQ.CA) is neutral.