Petrochina Company Ltd (PTR) Stock Technical Analysis
NYSE:PTR - US71646E1001 - ADR
46.85 USD
-0.24 (-0.51%)
46.85 USD
0 (0%)
Taking everything into account, PTR scores 4 out of 10 in our technical rating. In the past year, PTR was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
PTR is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry. PTR outperforms 74% of them.
PTR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When compared to the yearly performance of all other stocks, PTR outperforms 62% of them, which is more or less in line with the market.
PTR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PTR is lagging the market.
PTR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 44.30, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PTR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
42.40
53.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 43.79 to 44.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @42.83 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 47.12 to 48.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @52.02 from a trend line in the weekly time frame.
- Resistance @53.30 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for PTR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PTR is up. |
| ChartMill Relative Strength | 62.71 | NEUTRAL | PTR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PTR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PTR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PTR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.06 | NEUTRAL | The RSI value for PTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests PTR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.42 | NEUTRAL | The Stochastics value for PTR is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for PTR suggests some volalility. |
| Average Directional Index/ADX (14) | 13.87 | NEGATIVE | The low ADX value for PTR suggests a weak or negative 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)
46.85
-0.24 (-0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.51%
1 Week1.34%
2 Weeks1.96%
1 Month6.14%
3 Month-13.11%
6 Month-5.45%
12 Month6.12%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.31
ATR(20)%3%
ATR Inc-31.42%
Range Today0.83
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.71
Mansfield0.33
10 Day High48.6
10 Day Low45.81
20 Day High48.6
20 Day Low41.48
52 Week High57.87
52 Week Low41.48
CS1 End44.3
CR1 Start47.12
Volume & EV
DER(3)3.9%
DER(5)2.69%
Volume183.10K
Volume Incr-32.49%
Vol(5)264.42K
Vol(50)264.35K