PAMT CORP (PAMT) Stock Technical Analysis
NASDAQ:PAMT - Nasdaq - US6931491061 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to PAMT. In the last year, PAMT was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
PAMT has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 14.19. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.99, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.65
When analyzing the support we notice one important area.
- A support zone ranging from 13.79 to 13.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.19 to 14.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
14.09
+0.17 (+1.22%)