Points.com Inc (PTS.CA) Stock Technical Analysis
TSX:PTS • CA73085G1090
We assign a technical rating of 10 out of 10 to PTS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PTS is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that PTS is one of the better performing stocks in the market, outperforming 96% of all stocks.
- PTS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month PTS has a been trading in a tight range between 30.63 and 32.39.
- Considerably lower volume is observed in the last couple of days.
PTS has an excellent technical rating, but the quality of the setup is only medium 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
18.52
We found 4 important support areas.
- A support zone ranging from 30.63 to 31.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.77 from a trend line in the weekly time frame.
- A support zone ranging from 20.73 to 20.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.71 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.22 to 32.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 PTS.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PTS.CA is up. |
| ChartMill Relative Strength | 96.92 | POSITIVE | PTS.CA has a high relative strength, it outperformed 96.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PTS.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PTS.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PTS.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.14 | NEUTRAL | The RSI value for PTS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests PTS.CA has a negative trend. |
| Stochastics (14,3) | 86.21 | OVERBOUGHT | The high Stochastics value suggests PTS.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.07 | LOW VOLATILITY | The low ATR as a percentage value for PTS.CA suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 32.41 | 31.10 | 1.31 (4.04%) | 24.74% |
| An entry @32.41. This is a Buy Stop order right above the resistance zone. | An exit @31.10. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.31 points, which is 4.04%. | When investing 24.74% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:PTS (6/30/2022, 7:00:00 PM)
32.16
-0.01 (-0.03%)
Points.com Inc / PTS.CA FAQ
What is the technical rating for PTS stock?
ChartMill assigns a technical rating of 9 / 10 to PTS.CA.
Can you provide the trend direction for Points.com Inc?
The current trend direction for Points.com Inc (PTS.CA) is Bullish.
What is the RSI signal for Points.com Inc (PTS.CA) stock?
Points.com Inc (PTS.CA) has an RSI value of 66.1442. This indicates that the stock is currently neutral.
What is the MACD signal for Points.com Inc (PTS.CA) stock?
The MACD indicator for Points.com Inc (PTS.CA) has a value of -0.12514, indicating a bearish trend.
What is the short term momentum for PTS stock?
The short term momentum for Points.com Inc (PTS.CA) is positive.