Logo image of PTR

Petrochina Company Ltd (PTR) Stock Technical Analysis

NYSE:PTR - New York Stock Exchange, Inc. - US71646E1001 - ADR - Currency: USD

46.85  -0.24 (-0.51%)

After market: 46.85 0 (0%)

Technical Rating and Analysis

4

Overall PTR gets a technical rating of 4 out of 10. PTR has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
PTR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the performance of all stocks over the past year, PTR turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
PTR is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, PTR did better than 68% of them.
PTR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PTR is lagging the market.
Weekly and Daily overview Charts
Petrochina Company Ltd / PTR Weekly stock chart
Petrochina Company Ltd / PTR Daily stock chart
Setup Rating and Analysis

7

Although the technical rating is only medium, PTR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 44.30, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PTR in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

42.40

53.83

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 43.79 to 44.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @42.83 from a horizontal line in the weekly time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 47.12 to 48.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @52.02 from a trend line in the weekly time frame.
  • Resistance @53.30 from a trend 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
CRS62.71
Mansfield0.33
10 Day High48.6
10 Day Low45.81
20 Day High48.6
20 Day Low41.48
52 Week High57.87
52 Week Low41.48
Performance
1 Week1.34%
2 Weeks1.96%
1 Month6.14%
3 Month-13.11%
6 Month-5.45%
12 Month6.12%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)0.22
RSI(14)55.06
LBB43.74
UBB49.09
Petrochina Company Ltd / PTR Daily stock chart

Petrochina Company Ltd

NYSE:PTR (9/8/2022, 8:06:58 PM)

After market: 46.85 0 (0%)

46.85

-0.24 (-0.51%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.51%
1 Week1.34%
2 Weeks1.96%
1 Month6.14%
3 Month-13.11%
6 Month-5.45%
12 Month6.12%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.31
ATR(20)%3%
ATR Inc-31.42%
Range Today0.83
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.71
Mansfield0.33
10 Day High48.6
10 Day Low45.81
20 Day High48.6
20 Day Low41.48
52 Week High57.87
52 Week Low41.48
CS1 End44.3
CR1 Start47.12
Volume & EV
DER(3)3.9%
DER(5)2.69%
Volume183.10K
Volume Incr-32.49%
Vol(5)264.42K
Vol(50)264.35K