RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of PTSI
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P.A.M. Transportation Services stock upgraded to Hold/Accumulate.
(Updated on Mar 28, 2024)

Hold candidate since Mar 28, 2024 PDF

The P.A.M. Transportation Services stock price gained 0.185% on the last trading day (Thursday, 28th Mar 2024), rising from $16.18 to $16.21. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 4.67% from a day low at $15.85 to a day high of $16.59. The price has risen in 7 of the last 10 days and is up by 5.95% over the past 2 weeks. Volume fell on the last day by -244 shares and in total, 10 thousand shares were bought and sold for approximately $162.55 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -26.47% during the next 3 months and, with a 90% probability hold a price between $10.46 and $12.78 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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PTSI Signals & Forecast

A buy signal was issued from a pivot bottom point on Monday, March 18, 2024, and so far it has risen 7.71%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The P.A.M. Transportation Services stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $16.21 and $17.28. A break-up above any of these levels will issue buy signals. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for P.A.M. Transportation Services stock

P.A.M. Transportation Services finds support from accumulated volume at $16.20 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.740 between high and low, or 4.67%. For the last week the stock has had daily average volatility of 4.10%.

Our recommended stop-loss: $15.62 (-3.65%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 8 days ago.)

Trading Expectations (PTSI) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect P.A.M. Transportation Services to open at $16.22, and during the day (based on 14 day Average True Range), to move between $15.40 and $17.02, which gives a possible trading interval of +/-$0.81 (+/-5.02%) up or down from last closing price. If P.A.M. Transportation Services takes out the full calculated possible swing range there will be an estimated 10.05% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $16.20 (0.06%) than the resistance at $17.18 (5.98%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is P.A.M. Transportation Services stock A Buy?

P.A.M. Transportation Services holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.057 Hold/Accumulate Upgraded

Predicted Opening Price for P.A.M. Transportation Services of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$16.22 ( 0.0411%) $16.21

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for PTSI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 16.96 4.61 %
R2 16.67 2.86 %
R1 16.50 1.78 %
Current price: 16.21
Support S1 15.93 -1.70 %
S2 15.76 -2.78 %
S3 15.48 -4.52 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 18.86 16.35 %
R2 18.66 15.11 %
R1 17.18 5.98 %
Current price 16.21
Support S1 16.20 -0.0617%
S2 15.85 -2.22%
S3 15.30 -5.61%

PTSI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 06, 2012 Dec 13, 2012 Dec 28, 2012 $0.250 10.20%
2 Mar 20, 2012 Mar 28, 2012 Apr 09, 2012 $0.250 9.43%

FAQ

What is the symbol for P.A.M. Transportation Services Stock and on which exchange is it traded?
The symbol for P.A.M. Transportation Services is PTSI and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell P.A.M. Transportation Services Stock?
P.A.M. Transportation Services holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy P.A.M. Transportation Services Stock?
P.A.M. Transportation Services Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy P.A.M. Transportation Services Stock.

What's the current price of P.A.M. Transportation Services Stock?
As of the end of day on the 2024-03-28, the price of an P.A.M. Transportation Services (PTSI) share was $16.21.

What is the 52-week high and low for P.A.M. Transportation Services Stock?
The 52-week high for P.A.M. Transportation Services Stock is $29.83 and the 52-week low is $14.99.

What is the market capitalization of P.A.M. Transportation Services Stock?
As of the 2024-03-28, the market capitalization of P.A.M. Transportation Services is 357.184M.

When is the next earnings date for P.A.M. Transportation Services?
The upcoming earnings date for P.A.M. Transportation Services is Apr 22, 2024.
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