We assign a technical rating of 8 out of 10 to PTVCB. Both in the recent history as in the last year, PTVCB has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, PTVCB did better than 76% of all other stocks.
- A new 52 week high is currently being made by PTVCB, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month PTVCB has a been trading in a tight range between 22.96 and 23.31.
- Volume is considerably higher in the last couple of days.
PTVCB has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 23.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.15, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.49
When analyzing the support we can see 3 important areas.
- A support zone ranging from 22.87 to 23.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.32 from a trend line in the daily time frame.
- Support @14.64 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.31 to 23.39. 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 PTVCB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PTVCB is up. |
| ChartMill Relative Strength | 76.01 | POSITIVE | PTVCB has a high relative strength, it outperformed 76.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PTVCB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PTVCB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PTVCB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.75 | NEUTRAL | The RSI value for PTVCB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PTVCB has a positive trend. |
| Stochastics (14,3) | 92.9 | OVERBOUGHT | The high Stochastics value suggests PTVCB may be overbought. |
| Average True Range in percent/ATR (20) | 0.45 | LOW VOLATILITY | The low ATR as a percentage value for PTVCB 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 |
|---|---|---|---|
| 23.40 | 23.01 | 0.39 (1.67%) | 25.00% |
| An entry @23.40. This is a Buy Stop order right above the resistance zone. | An exit @23.01. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.39 points, which is 1.67%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.42%. |
- 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.
23.3
+0.02 (+0.09%)
Protective Insurance Corp Cl B / PTVCB FAQ
What is the technical rating for PTVCB stock?
ChartMill assigns a technical rating of 8 / 10 to PTVCB.
What is the trend direction for PTVCB stock?
The current trend direction for Protective Insurance Corp Cl B (PTVCB) is Bullish.
Can you provide the RSI signal for Protective Insurance Corp Cl B?
Protective Insurance Corp Cl B (PTVCB) has an RSI value of 68.7477. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Protective Insurance Corp Cl B?
The short term momentum for Protective Insurance Corp Cl B (PTVCB) is positive.
What is the buy/sell signal for PTVCB stock?
The buy/sell signal for Protective Insurance Corp Cl B (PTVCB) is buy as both the short term and long term trends are positive.