Taking everything into account, PTRN scores 1 out of 10 in our technical rating. In the last year, PTRN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
PTRN has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
11.42
We found 1 important resistance area.
- A resistance zone ranging from 12.35 to 12.39. 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 | UP | POSITIVE | The long term trend for PTRN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PTRN is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | PTRN has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PTRN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PTRN is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 35.5 | NEUTRAL | The RSI value for PTRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PTRN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.64 | NEUTRAL | The Stochastics value for PTRN is a neutral value. |
| Average True Range in percent/ATR (20) | 6.44 | HIGH VOLATILITY | The high ATR as a percentage value for PTRN suggests high volalility. |
| Average Directional Index/ADX (14) | 28.35 | POSITIVE | The high ADX value value for PTRN suggests a strong trend. |
11.54
-0.3 (-2.53%)
PATTERN GROUP INC-CL A / PTRN FAQ
Can you provide the ChartMill technical rating for PATTERN GROUP INC-CL A?
ChartMill assigns a technical rating of 1 / 10 to PTRN.
Can you provide the trend direction for PATTERN GROUP INC-CL A?
The current trend direction for PATTERN GROUP INC-CL A (PTRN) is Bullish.
What is the RSI signal for PATTERN GROUP INC-CL A (PTRN) stock?
PATTERN GROUP INC-CL A (PTRN) has an RSI value of 35.5041. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for PATTERN GROUP INC-CL A?
The buy/sell signal for PATTERN GROUP INC-CL A (PTRN) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for PATTERN GROUP INC-CL A (PTRN) stock?
PATTERN GROUP INC-CL A (PTRN) has a resistance level at 12.35. Check the full technical report for our detailed analysis of PTRN support and resistance levels.