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Stock Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

Patrick Industries, Inc. (NASDAQ:PATK)

Sidelines Mode (-55) - PATK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PATK?

MarketClub looks at technical strength and momentum to determine if the timing is right for PATK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low PATK Price Change
75.33 76.87 75.33 76.14 +0.61
Entry Signal

MarketClub’s Trade Triangles for PATK

long term up The long-term trend has been UP since Jun 6th, 2023 at 75.105

intermediate term down The intermediate-term trend has been DOWN since Aug 8th, 2023 at 81.790

short term up The short-term trend has been UP since Sep 28th, 2023 at 76.800

Smart Scan Analysis for PATK

Based on our trend formula, PATK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for PATK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
75.33 76.87 75.33 76.14 +0.61
Prev. Close Volume Bid Ask Time
75.53 85798 2023-09-28 15:59:53
Year High72.35Year High Date2018-01-23
Year Low38.28Year Low Date2018-11-28
52wk High87.3652wk High Date2023-07-27
52wk Low41.7552wk Low Date2022-10-19
Year End Close15.56Average Volume142,559
Shares Outstanding22,212Short Interest466,865
% Institutional72.3Market Cap988M
P/E Ratio10.1655Beta1.35
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