The Hourly View for PAX
Currently, PAX (Get Ratings)’s price is down $-0.18 (-1.05%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.
Out of Trading stocks, PAX ranks 128th in regards to today’s price percentage change.
PAX’s Technical Outlook on the Daily Chart
At the moment, PAX’s price is down $-0.14 (-0.85%) from the day prior. This is the 3rd day in a row PAX has seen its price head down. As for the trend on the daily timeframe, we see the clearest trend on the 100 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Patria Investments Ltd’s price action over the past 90 days can be seen via the chart below.
PAX: Daily RSI Analysis
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