NASDAQ:PTRS - Nasdaq - US70213Q1085 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to PTRS. PTRS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, PTRS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 7.22. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.11, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PTRS in the last couple of days, which is a good sign.
6.74
When analyzing the support we notice one important area.
When analyzing the resistance we notice 4 important areas.
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 PTRS is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PTRS is neutral. |
ChartMill Relative Strength | 22.98 | NEGATIVE | PTRS has a low relative strength, it was outperformed by 77.02% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PTRS is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PTRS is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PTRS is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 50.03 | NEUTRAL | The RSI value for PTRS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PTRS has a positive trend. |
Stochastics (14,3) | 54.58 | NEUTRAL | The Stochastics value for PTRS is a neutral value. |
Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for PTRS suggests some volalility. |
Average Directional Index/ADX (14) | 15.72 | NEGATIVE | The low ADX value for PTRS suggests a weak or negative trend. |
7.15
+0.07 (+0.99%)