PATRICK INDUSTRIES INC (PATK) Stock Technical Analysis
NASDAQ:PATK - Nasdaq - US7033431039 - Common Stock
We assign a technical rating of 9 out of 10 to PATK. PATK has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, PATK did better than 82% of all other stocks. We also observe that the gains produced by PATK over the past year are nicely spread over this period.
PATK is part of the Automobile Components industry. There are 83 other stocks in this industry. PATK outperforms 87% of them.
PATK is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PATK is lagging the market slightly.
In the last month PATK has a been trading in the 81.42 - 95.22 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although PATK has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
77.97
98.96
We found 4 important support areas.
- A support zone ranging from 87.28 to 88.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 82.13 to 83.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @80.79 from a trend line in the daily time frame.
- Support @78.76 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 97.98 to 97.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.81
Mansfield0.67
10 Day High95.22
10 Day Low81.47
20 Day High95.22
20 Day Low81.42
52 Week High98.9
52 Week Low66.29
Performance
1 Week13.92%
2 Weeks13.99%
1 Month13.34%
3 Month5.96%
6 Month13.18%
12 Month38.82%
2 Year100.94%
3 Year121.44%
5 Year174.88%
10 Year1019.28%
15 Year18627.3%
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)1.47
RSI(14)73.08
LBB77.43
UBB94.59
PATRICK INDUSTRIES INC
NASDAQ:PATK (1/21/2025, 8:19:23 PM)
After market: 95.07 0 (0%)95.07
+2.35 (+2.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg2.53%
1 Week13.92%
2 Weeks13.99%
1 Month13.34%
3 Month5.96%
6 Month13.18%
12 Month38.82%
2 Year100.94%
3 Year121.44%
5 Year174.88%
10 Year1019.28%
15 Year18627.3%
Volatility
ATR(14)2.44
ATR(20)%2.49%
ATR Inc-22.16%
Range Today1.75
ADR(20)2.21
ADR(20)%2.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.81
Mansfield0.67
10 Day High95.22
10 Day Low81.47
20 Day High95.22
20 Day Low81.42
52 Week High98.9
52 Week Low66.29
CS1 End88.23
CR1 Start97.98
Volume & EV
DER(3)2.44%
DER(5)2.12%
Volume322.00K
Volume Incr0.78%
Vol(5)426.38K
Vol(50)353.88K