PATTERN SPA (PTR.MI) Stock Technical Analysis
BIT:PTR - Euronext Milan - IT0005378143 - Common Stock - Currency: EUR
We assign a technical rating of 0 out of 10 to PTR. PTR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
87% of all other stocks performed better in the past year than PTR.
PTR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PTR is lagging the market.
In the last month PTR has a been trading in the 4.38 - 5.52 range, which is quite wide. It is currently trading near the lows of this range.
Warning: PTR has an average volume of 3988 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
PTR is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 52% of 41 stocks in the same industry.
PTR has a poor technical rating and the quality of the setup is also not perfect 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
4.33
4.96
When analyzing the support we notice one important area.
- A support zone ranging from 4.37 to 4.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 4.69 to 4.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.91 from a horizontal line in the daily time frame.
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 | 13.46 | NEGATIVE | PTR.MI has a low relative strength, it was outperformed by 86.54% 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) | 40.3 | 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) | 26.34 | NEUTRAL | The Stochastics value for PTR.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for PTR.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 21.62 | NEUTRAL | The ADX value for PTR.MI suggests a possible start of a new trend. |
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)
BIT:PTR (6/5/2025, 7:00:00 PM)
4.5
+0.08 (+1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg1.81%
1 Week-4.46%
2 Weeks-7.79%
1 Month-16.67%
3 Month-23.73%
6 Month-40.79%
12 Month-14.12%
2 Year-35.53%
3 Year-28.11%
5 Year25.35%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%5.67%
ATR Inc3.78%
Range Today0.09
ADR(20)0.15
ADR(20)%3.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.46
Mansfield-4.14
10 Day High5
10 Day Low4.42
20 Day High5.52
20 Day Low4.38
52 Week High8.06
52 Week Low4.38
CS1 End4.49
CR1 Start4.69
Volume & EV
DER(3)0%
DER(5)0%
Volume4.05K
Volume Incr27.1%
Vol(5)2.81K
Vol(50)3.99K