PATRICK INDUSTRIES INC (PATK)

US7033431039 - Common Stock

82.89  -0.63 (-0.75%)

After market: 82.89 0 (0%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to PATK. PATK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month PATK has a been trading in the 82.22 - 95.23 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
PATK is part of the Automobile Components industry. There are 82 other stocks in this industry. PATK outperforms 72% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, PATK outperforms 60% of them, which is more or less in line with the market.
PATK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PATK is lagging the market slightly.
Weekly and Daily overview Charts
PATK Weekly chart
PATK Daily chart
Setup Rating and Analysis

3

The technical rating of PATK is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

75.98

94.60

We found 3 important support areas.

  • Support @80.86 from a trend line in the weekly time frame.
  • A support zone ranging from 78.76 to 79.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 76.75 to 77.18. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 87.76 to 89.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 91.74 to 91.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @93.66 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.64
Mansfield-0.45
10 Day High93.31
10 Day Low82.22
20 Day High95.23
20 Day Low82.22
52 Week High98.9
52 Week Low60.67
Performance
1 Week-7.62%
2 Weeks-9.64%
1 Month-6.7%
3 Month-15.4%
6 Month15.16%
12 Month24.66%
2 Year105.17%
3 Year54.09%
5 Year137.15%
10 Year854.14%
15 Year17168.7%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.92
RSI(14)34.18
LBB82.77
UBB94.77
PATK Daily chart

PATRICK INDUSTRIES INC

NASDAQ:PATK (12/20/2024, 8:00:02 PM)

After market: 82.89 0 (0%)

82.89

-0.63 (-0.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-0.75%
1 Week-7.62%
2 Weeks-9.64%
1 Month-6.7%
3 Month-15.4%
6 Month15.16%
12 Month24.66%
2 Year105.17%
3 Year54.09%
5 Year137.15%
10 Year854.14%
15 Year17168.7%
Volatility
ATR(14)3.01
ATR(20)%3.71%
ATR Inc1.39%
Range Today2.45
ADR(20)3.03
ADR(20)%3.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.64
Mansfield-0.45
10 Day High93.31
10 Day Low82.22
20 Day High95.23
20 Day Low82.22
52 Week High98.9
52 Week Low60.67
CS1 End80.86
CR1 Start87.76
Volume & EV
DER(3)-4.22%
DER(5)-1.23%
Volume2.45M
Volume Incr263.87%
Vol(5)906.90K
Vol(50)325.64K