Europe - Euronext Milan - BIT:PTR - IT0005378143 - Common Stock
Overall PTR gets a technical rating of 0 out of 10. PTR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
PTR has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
3.41
When analyzing the support we notice one important area.
We can see 3 important resistance areas.
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 PTR.MI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PTR.MI is down. |
| ChartMill Relative Strength | 5.15 | NEGATIVE | PTR.MI has a low relative strength, it was outperformed by 94.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PTR.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PTR.MI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PTR.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.36 | NEUTRAL | The RSI value for PTR.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PTR.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 14.46 | OVERSOLD | The low Stochastics value suggests PTR.MI may be oversold. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for PTR.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 26.83 | POSITIVE | The high ADX value value for PTR.MI suggests a strong trend. |
BIT:PTR (12/16/2025, 7:00:00 PM)
3.45
-0.15 (-4.17%)
ChartMill assigns a technical rating of 0 / 10 to PTR.MI.
The current trend direction for PATTERN SPA (PTR.MI) is Bearish.
PATTERN SPA (PTR.MI) has an RSI value of 34.362. This indicates that the stock is currently neutral.
The MACD indicator for PATTERN SPA (PTR.MI) has a value of 0.0145533, indicating a bearish trend.
The buy/sell signal for PATTERN SPA (PTR.MI) is sell as both the short term and long term trends are negative.