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Stock Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

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.

NASDAQ_PATK
Open High Low PATK Price Change
51.41 52.77 50.70 51.94 -1.68
Entry Signal

MarketClub’s Trade Triangles for PATK

long term down The long-term trend has been DOWN since Mar 6th, 2020 at 47.37

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2020 at 32.89

short term down The short-term trend has been DOWN since May 29th, 2020 at 53.10

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).

-55
Smart Scan Analysis for PATK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.41 52.77 50.70 51.94 -1.68
Prev. Close Volume Bid Ask Time
27.94 240693 2020-05-29 15:59:50
Year High72.35Year High Date2018-01-23
Year Low38.28Year Low Date2018-11-28
52wk High64.3852wk High Date2020-02-14
52wk Low16.752wk Low Date2020-03-19
Year End Close15.56Average Volume374,705
Shares Outstanding23,881Short Interest466,865
% Institutional72.3Market Cap988M
Assets147,099,300MLiabilities973,512,000M
P/E Ratio7.3Beta1.35
Volatility49.64
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