VOLUME
Sell
TREND
Hold
MV LONG
Buy

MV SHORT
Sell

PIVOT
Sell

MACD
Buy

PTC Forecast and Technical Stock Analysis

Hold candidate since 2019-07-16 Loss -1.14%

PTC Inc. fell by -1.28% in the last day ( Thursday, 18th Jul 2019 ) from $89.63 to $88.48 During day the stock fluctuated 1.31% from a day low at $88.39 to a day high of $89.55. The price has fallen in 7 of the last 10 days and is down by -4.83% for this period. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -163 001 shares and in total 528 605 shares bought and sold for approximately $46.77 million.

Quick summary:

  • 30 day high of the PTC stock price was $93.34 and low was $84.50.
  • 90 day high was $102.47 and low was $80.46.
  • 52 week high for the PTC Inc. - $107.44 and low - $76.67.
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Trend

PTC Inc. is moving within a very wide and horizontal trend and further movements within this trend can be expected. Given the current horizontal trend you can expect PTC Inc. with 90% probability to be traded between $79.55 and $99.93 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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Signals

PTC Inc. holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $90.05. On a fall, the stock will find some support from the long-term average at approximately $88.23. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Friday July 12, 2019, which indicates further falls until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Relative Strength Index (RSI)

RSImin/max Values: [ 25 - 75 ]

RSI14 is 53 and the stock is currently not being overbought or oversold

* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Support & Resistance

PTC Inc. finds support from accumulated volume at $87.93.

Support: $87.93 Price: $88.48 Resistance: $88.85

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $1.16 (1.31%) between high and low. For the last week, the stock has had a daily average volatility of 1.56%.

Our recommended stoploss: $83.99 (-5.08%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 4 days ago.)

1.56 %

Average volatility

Overall risk:

Very Low Low Medium High Very High

Hold/Accumulate Downgraded

Evaluation

PTC Inc. holds several positive signals, but we still don't find these to be enough for a buy-recommendation. At the current level we recommend to hold or accumulate in this position whilst awaiting for further development.

Previous Hold Today PTC ranks #2752 as HOLD CANDIDATE #2752 Next Hold

Will PTC stock price go up or down on Mon, 22 Jul 2019?

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