Protech Home Medical Corp (PTQ.CA) Technical Analysis
TSX-V:PTQ
Current stock price
PTQ.CA Technical Rating and Analysis
Taking everything into account, PTQ scores 4 out of 10 in our technical rating. 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.
- Looking at the yearly performance, PTQ did better than 71% of all other stocks. On top of that, PTQ also shows a nice and consistent pattern of rising prices.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- PTQ 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 PTQ is lagging the market slightly.
- 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 the quality of the presented setup is also not ideal 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
We found 2 important support 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.
When analyzing the resistance we notice 4 important areas.
- 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.
Can you provide the RSI signal for Protech Home Medical Corp?
Protech Home Medical Corp (PTQ.CA) has an RSI value of 46.2963. This indicates that the stock is currently neutral.
What is the support and resistance level for PTQ stock?
Protech Home Medical Corp (PTQ.CA) has a support level at 2 and a resistance level at 2.07. Check the full technical report for our detailed analysis of PTQ.CA support and resistance levels.