PTC INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	PTC
ISIN:

PTC INC. - Daily - Technical analysis published on 07/12/2020 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

67%

17%

My opinion

Bullish above 76.71 USD

My targets

88.62 USD (+6.91%)

96.31 USD (+16.19%)

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 76.71 USD. The buyers” bullish objective is set at 88.62 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 96.31 USD. If there is any crossing, the next objective would be the resistance located at 106.19 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

6.6

Comment on the analysis

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 hsokkar. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

PTC INC. rating 82.89 USD. On the day, this instrument lost -2.48% and was traded between 82.59 USD and 85.24 USD over the period. The price is currently at +0.36% from its lowest and -2.76% from its highest.

82.59

85.24

82.89

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this PTC INC. chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : Daily

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	62.71	72.50	76.71	82.89	83.80	88.62	106.19
Change (%)	-24.35%	-12.53%	-7.46%	-	+1.10%	+6.91%	+28.11%
Change	-20.18	-10.39	-6.18	-	+0.91	+5.73	+23.30
Level	Major	Major	Major	-	Major	Major	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	77.46	79.38	82.19	84.11	86.92	88.84	91.65
Camarilla	83.70	84.13	84.57	85.00	85.43	85.87	86.30
Woodie	77.91	79.60	82.64	84.33	87.37	89.06	92.10
Fibonacci	79.38	81.19	82.30	84.11	85.92	87.03	88.84

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	68.84	71.51	74.89	77.56	80.94	83.61	86.99
Camarilla	76.61	77.16	77.72	78.27	78.83	79.38	79.93
Woodie	69.20	71.69	75.25	77.74	81.30	83.79	87.35
Fibonacci	71.51	73.82	75.25	77.56	79.87	81.30	83.61

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	59.66	65.97	71.88	78.18	84.09	90.40	96.31
Camarilla	74.43	75.55	76.67	77.79	78.91	80.03	81.15
Woodie	59.47	65.87	71.68	78.08	83.90	90.30	96.11
Fibonacci	65.97	70.63	73.52	78.18	82.85	85.73	90.40

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	60.49
MACD (12,26,9):	1.5100
Directional Movement:	15.89
AROON (14):	50.00
DEMA (21):	80.75
Parabolic SAR (0,02-0,02-0,2):	72.55
Elder Ray (13):	4.45
Super Trend (3,10):	75.08
Zig ZAG (10):	82.89
VORTEX (21):	0.9700
Stochastique (14,3,5):	74.06
TEMA (21):	80.48
Williams %R (14):	-26.50
Chande Momentum Oscillator (20):	3.32
Repulse (5,40,3):	-0.6700
ROCnROLL:	1
TRIX (15,9):	0.2200
Courbe Coppock:	4.25

MA7:	79.82
MA20:	78.51
MA50:	75.21
MA100:	69.84
MAexp7:	80.49
MAexp20:	78.73
MAexp50:	75.66
MAexp100:	73.55
Price / MA7:	+3.85%
Price / MA20:	+5.58%
Price / MA50:	+10.21%
Price / MA100:	+18.69%
Price / MAexp7:	+2.98%
Price / MAexp20:	+5.28%
Price / MAexp50:	+9.56%
Price / MAexp100:	+12.70%

Quotes : 2020-07-10 19:59:59 - 15 min delayed data - NASDAQ Stocks

News

Don"t forget to follow the news on PTC INC.. At the time of publication of this analysis, the latest news was as follows:

Investor Network: PTC Inc. to Host Earnings Call

This member declared not having a position on this financial instrument or a related financial instrument.

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