Logo image of PTSI

P.A.M. TRANSPORTATION SVCS (PTSI) Stock Technical Analysis

NASDAQ:PTSI - Nasdaq - US6931491061 - Common Stock - Currency: USD

19.72  +0.65 (+3.41%)

After market: 19.72 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, PTSI scores 7 out of 10 in our technical rating. In the last year, PTSI was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

Warning: PTSI has an average volume of 21718 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month PTSI has a been trading in the 14.77 - 19.97 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the performance of all stocks over the past year, PTSI turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
PTSI is part of the Ground Transportation industry. There are 40 other stocks in this industry, PTSI did better than 69% of them.
PTSI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PTSI is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
P.A.M. TRANSPORTATION SVCS / PTSI Weekly stock chart
P.A.M. TRANSPORTATION SVCS / PTSI Daily stock chart
Setup Rating and Analysis

2

Although PTSI has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

14.67

22.34

We found 2 important support areas.

  • Support @15.10 from a trend line in the daily time frame.
  • Support @14.82 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • Resistance @20.34 from a trend line in the weekly time frame.
  • A resistance zone ranging from 21.80 to 22.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for PTSI is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for PTSI is up.
ChartMill Relative Strength54.15NEUTRALPTSI is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of PTSI is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of PTSI is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of PTSI is above a declining SMA(200).
Relative Strength Index/RSI (14)67.42NEUTRALThe RSI value for PTSI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.49POSITIVEThe MACD value suggests PTSI has a positive trend.
Stochastics (14,3)89.12OVERBOUGHTThe high Stochastics value suggests PTSI may be overbought.
Average True Range in percent/ATR (20)4.81MEDIUM VOLATILITYThe ATR as a percentage value for PTSI suggests some volalility.
Average Directional Index/ADX (14)25.48POSITIVEThe high ADX value value for PTSI suggests a strong trend.
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)
P.A.M. TRANSPORTATION SVCS / PTSI Daily stock chart

P.A.M. TRANSPORTATION SVCS

NASDAQ:PTSI (11/11/2024, 8:00:01 PM)

After market: 19.72 0 (0%)

19.72

+0.65 (+3.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg3.41%
1 Week20.32%
2 Weeks27.31%
1 Month13.27%
3 Month16.76%
6 Month12.36%
12 Month-0.15%
2 Year-29.65%
3 Year-39.13%
5 Year51.11%
10 Year73.59%
15 Year665.08%
Volatility
ATR(14)0.94
ATR(20)%4.81%
ATR Inc-15.45%
Range Today0.94
ADR(20)0.9
ADR(20)%4.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.15
Mansfield-0.47
10 Day High19.97
10 Day Low14.77
20 Day High19.97
20 Day Low14.77
52 Week High22.88
52 Week Low13.51
CS1 End15.1
CR1 Start20.34
Volume & EV
DER(3)-7.13%
DER(5)-1.69%
Volume25.80K
Volume Incr60.54%
Vol(5)38.04K
Vol(50)21.72K