PTC INC. - Daily - Technical analysis published on 07/11/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 90.35 USD
My targets
93.63 USD (+2.91%)
98.78 USD (+8.57%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on PTC INC. as long as the price remains well above 90.35 USD. The buyers” bullish objective is set at 93.63 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 98.78 USD. If there is any crossing, the next objective would be the resistance located at 101.89 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The PTC INC. rating is 90.98 USD. The price registered a decrease of -0.09% on the session and was traded between 89.84 USD and 91.07 USD over the period. The price is currently at +1.27% from its lowest and -0.10% from its highest.89.84
91.07
90.98
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by PTC INC.:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of PTC INC. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
In fact, 11 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of channel
Type : Bullish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 80.86 | 83.95 | 90.35 | 90.98 | 93.63 | 98.78 | 101.89 |
| Change (%) | -11.12% | -7.73% | -0.69% | - | +2.91% | +8.57% | +11.99% |
| Change | -10.12 | -7.03 | -0.63 | - | +2.65 | +7.80 | +10.91 |
| Level | Intermediate | Intermediate | Major | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 85.60 | 86.92 | 88.25 | 89.57 | 90.90 | 92.22 | 93.55 |
| Camarilla | 88.84 | 89.08 | 89.33 | 89.57 | 89.81 | 90.06 | 90.30 |
| Woodie | 85.60 | 86.92 | 88.25 | 89.57 | 90.90 | 92.22 | 93.55 |
| Fibonacci | 86.92 | 87.94 | 88.56 | 89.57 | 90.59 | 91.21 | 92.22 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 87.43 | 88.72 | 90.77 | 92.06 | 94.11 | 95.40 | 97.45 |
| Camarilla | 91.91 | 92.22 | 92.52 | 92.83 | 93.14 | 93.44 | 93.75 |
| Woodie | 87.82 | 88.91 | 91.16 | 92.25 | 94.50 | 95.59 | 97.84 |
| Fibonacci | 88.72 | 89.99 | 90.78 | 92.06 | 93.33 | 94.12 | 95.40 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 55.90 | |
| MACD (12,26,9): | 1.0700 | |
| Directional Movement: | 6.20 | |
| AROON (14): | 50.00 | |
| DEMA (21): | 90.53 | |
| Parabolic SAR (0,02-0,02-0,2): | 93.24 | |
| Elder Ray (13): | 1.21 | |
| Super Trend (3,10): | 86.09 | |
| Zig ZAG (10): | 91.06 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 63.35 | |
| TEMA (21): | 91.71 | |
| Williams %R (14): | -30.48 | |
| Chande Momentum Oscillator (20): | 2.21 | |
| Repulse (5,40,3): | 0.4100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1400 | |
| Courbe Coppock: | 8.52 |
| MA7: | 91.19 | |
| MA20: | 88.67 | |
| MA50: | 87.35 | |
| MA100: | 90.40 | |
| MAexp7: | 90.53 | |
| MAexp20: | 89.32 | |
| MAexp50: | 88.81 | |
| MAexp100: | 89.15 | |
| Price / MA7: | -0.23% | |
| Price / MA20: | +2.61% | |
| Price / MA50: | +4.16% | |
| Price / MA100: | +0.64% | |
| Price / MAexp7: | +0.50% | |
| Price / MAexp20: | +1.86% | |
| Price / MAexp50: | +2.44% | |
| Price / MAexp100: | +2.05% |
News
The latest news and videos published on PTC INC. at the time of the analysis were as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
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