Pain Therapeutics Technical Analysis (NASDAQ:PTIE)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Pain Therapeutics stock price data and volume are plotted in PTIE stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Pain Therapeutics. Technical analysis uses an approach for Pain Therapeutics stock analysis that does not care for the fair value of a company but uses price and volume data only.
Pain Therapeutics Moving Average
Moving averages show the average price of PTIE stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $0.96 is below the price of $0.96.
Pain Therapeutics Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the PTIE stock. Currently the stock price of $0.96 is in the lower range of Pain Therapeutics bollinger bands.
Pain Therapeutics Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Pain Therapeutics MACD line is above the signal line.
Pain Therapeutics Relative Strength Index
The RSI technical indicator is a momentum oscillator. It compares the speed and change in price movements. 44.44 is the RSI value of PTIE stock.