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.
When comparing the yearly performance of all stocks, PTR is a bad performer in the overall market: 96% of all stocks are doing better.
PTR is part of the Textiles, Apparel & Luxury Goods industry. There are 43 other stocks in this industry, of which 83% are performing better than PTR.
PTR 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.
In the last month PTR has a been trading in the 4.18 - 5.40 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: PTR has an average volume of 4035 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of PTR is bad and it also does not present a quality setup 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
4.15
4.71
We found 1 important support area.
- A support zone ranging from 4.19 to 4.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 4.62 to 4.66. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 4.43 | NEGATIVE | PTR.MI has a low relative strength, it was outperformed by 95.57% 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) | 35.55 | NEUTRAL | The RSI value for PTR.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PTR.MI has a negative trend. |
| Stochastics (14,3) | 2.03 | OVERSOLD | The low Stochastics value suggests PTR.MI may be oversold. |
| Average True Range in percent/ATR (20) | 5.13 | HIGH VOLATILITY | The high ATR as a percentage value for PTR.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 22.7 | 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 (7/1/2025, 7:00:00 PM)
4.2
-0.01 (-0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-0.24%
1 Week-10.83%
2 Weeks-7.28%
1 Month-22.51%
3 Month-27.08%
6 Month-30.58%
12 Month-34.37%
2 Year-46.15%
3 Year-35.38%
5 Year5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%5.13%
ATR Inc-38.1%
Range Today0.08
ADR(20)0.14
ADR(20)%3.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.43
Mansfield-4.65
10 Day High4.98
10 Day Low4.18
20 Day High5.4
20 Day Low4.18
52 Week High8.06
52 Week Low4.18
CS1 End4.19
CR1 Start4.62
Volume & EV
DER(3)0%
DER(5)0%
Volume1.50K
Volume Incr41.52%
Vol(5)3.39K
Vol(50)4.04K