NASDAQ:PTEC - Nasdaq - US37960A5948 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to PTEC. In the past year, PTEC was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Although the technical rating is only medium, PTEC does present a nice setup opportunity. 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 35.17. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.70, a Stop Loss order could be placed below this zone.
30.59
When analyzing the support we can see 3 important areas.
2 important resistance areas can be observed.
NASDAQ:PTEC (4/29/2025, 8:00:01 PM)
34.9099
+0.27 (+0.77%)