PATTERN GROUP INC-CL A (PTRN) Technical Analysis
NASDAQ:PTRN • US70339W1045
Current stock price
11.89 USD
+0.28 (+2.41%)
At close:
11.75 USD
-0.14 (-1.18%)
After Hours:
PTRN Technical Rating and Analysis
Overall PTRN gets a technical rating of 3 out of 10. PTRN performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, PTRN is a bad performer in the overall market: 100% of all stocks are doing better.
- PTRN is one of the lesser performing stocks in the Broadline Retail industry. 100% of 30 stocks in the same industry do better.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- In the last month PTRN has a been trading in the 9.21 - 13.12 range, which is quite wide. It is currently trading near the high of this range.
- PTRN has an average volume of 1079500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
PTRN Weekly and Daily overview Charts
PTRN Setup Rating and Analysis
PTRN has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
PTRN Support and Resistance Analysis
10.02
14.14
3 important support areas can be observed.
- A support zone ranging from 11.58 to 11.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.03 from a trend line in the daily time frame.
- Support @10.12 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 11.90 to 12.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.52 from a trend line in the daily time frame.
- Resistance @12.77 from a horizontal line in the daily time frame.
- Resistance @14.00 from a trend line in the daily time frame.
PTRN Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for PTRN is neutral. |
| 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) | UP | POSITIVE | The current price of PTRN is above the rising 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) | 51.67 | NEUTRAL | The RSI value for PTRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests PTRN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.48 | NEUTRAL | The Stochastics value for PTRN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.57 | HIGH VOLATILITY | The high ATR as a percentage value for PTRN suggests high volalility. |
| Average Directional Index/ADX (14) | 13.5 | NEGATIVE | The low ADX value for PTRN suggests a weak or negative trend. |
PTRN Chart- and CandleStick Pattern Analysis
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)
PTRN Technicals: Chart, Performance Metrics, Trend & Indicators
11.89
+0.28 (+2.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg2.41%
1 Week2.15%
2 Weeks2.06%
1 Month9.59%
3 Month3.39%
6 Month-16.5%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%7.57%
ATR Inc-8.98%
Range Today0.71
ADR(20)0.87
ADR(20)%7.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
3 months CRS80.4
6 months CRS27.82
Mansfield-30
10 Day High13.12
10 Day Low10.66
20 Day High13.12
20 Day Low9.21
52 Week HighN/A
52 Week LowN/A
CS1 End11.78
CR1 Start11.9
Volume & EV
DER(3)-3.9%
DER(5)-2.38%
Volume881.50K
Volume Incr-45.17%
Vol(5)670.20K
Vol(50)1.08M
PATTERN GROUP INC-CL A / PTRN TA FAQ
Can you provide the ChartMill technical rating for PATTERN GROUP INC-CL A?
ChartMill assigns a technical rating of 3 / 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 51.6674. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for PATTERN GROUP INC-CL A?
PATTERN GROUP INC-CL A (PTRN) has a support level at 11.78 and a resistance level at 11.9. Check the full technical report for our detailed analysis of PTRN support and resistance levels.