PONO CAPITAL TWO INC-CL A (PTWO) Stock Technical Analysis
NASDAQ:PTWO - Nasdaq - US73245B1070 - Common Stock - Currency: USD
Overall PTWO gets a technical rating of 0 out of 10. PTWO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
79% of all other stocks performed better in the past year than PTWO.
PTWO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PTWO is lagging the market.
In the last month PTWO has a been trading in the 8.04 - 19.50 range, which is quite wide. It is currently trading near the lows of this range.
Warning: PTWO has an average volume of 11156 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
PTWO has a poor technical rating and the quality of the setup is also 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
10.89
13.99
3 important resistance areas can be observed.
- Resistance @11.46 from a horizontal line in the daily time frame.
- Resistance @12.79 from a trend line in the daily time frame.
- Resistance @13.85 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for PTWO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PTWO is down. |
| ChartMill Relative Strength | 21.55 | NEGATIVE | PTWO has a low relative strength, it was outperformed by 78.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PTWO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PTWO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PTWO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.55 | NEUTRAL | The RSI value for PTWO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests PTWO has a positive trend. |
| Stochastics (14,3) | 45.7 | NEUTRAL | The Stochastics value for PTWO is a neutral value. |
| Average True Range in percent/ATR (20) | 18.21 | HIGH VOLATILITY | The high ATR as a percentage value for PTWO suggests high volalility. |
| Average Directional Index/ADX (14) | 19.35 | NEGATIVE | The low ADX value for PTWO suggests a weak or negative trend. |
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)
NASDAQ:PTWO (9/17/2024, 8:00:00 PM)
11
+0.11 (+1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.01%
1 Week9.89%
2 Weeks3.68%
1 Month-12%
3 Month-16.09%
6 Month-9.54%
12 Month4.9%
2 Year9.78%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.41
ATR(20)%18.21%
ATR Inc45.95%
Range Today1.26
ADR(20)1.89
ADR(20)%17.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.55
Mansfield-1.84
10 Day High11.99
10 Day Low8.04
20 Day High19.5
20 Day Low8.04
52 Week High36.52
52 Week Low8.04
CS1 EndN/A
CR1 Start11.46
Volume & EV
DER(3)-20.5%
DER(5)-24.23%
Volume12.70K
Volume Incr-56.91%
Vol(5)8.98K
Vol(50)11.16K