Points.com Inc (PTS.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:PTS - CA73085G1090 - Common Stock
Overall PTS gets a technical rating of 10 out of 10. Both in the recent history as in the last year, PTS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although PTS has an excellent technical rating, the quality of the presented setup is not ideal 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.
When analyzing the resistance we notice one important 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.
What is the trend direction for PTS stock?
The current trend direction for Points.com Inc (PTS.CA) is Bullish.
Can you provide the RSI signal for Points.com Inc?
Points.com Inc (PTS.CA) has an RSI value of 66.1442. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Points.com Inc?
The short term momentum for Points.com Inc (PTS.CA) is positive.
Can you provide the support and resistance levels for Points.com Inc?
Points.com Inc (PTS.CA) has a support level at 31.98 and a resistance level at 32.22. Check the full technical report for our detailed analysis of PTS.CA support and resistance levels.