Technical Analysis for PATK - Patrick Industries, Inc.

Grade Last Price % Change Price Change
C 114.14 0.85% 0.96
PATK closed up 0.85 percent on Tuesday, May 7, 2024, on approximately normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Crossed Above 50 DMA Bullish 0.85%
Stochastic Reached Overbought Strength 0.85%
Gapped Up Strength 0.85%
Overbought Stochastic Strength 0.85%
Up 3 Days in a Row Strength 0.85%

   Recent Intraday Alerts

Alert Time
Up 1% about 17 hours ago
60 Minute Opening Range Breakout about 18 hours ago
Rose Above Previous Day's High about 18 hours ago
Rose Above Upper Bollinger Band about 19 hours ago
Upper Bollinger Band Resistance about 19 hours ago

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Profile

Patrick Industries, Inc. Description

Patrick Industries, Inc. engages in the manufacture and distribution of building products and materials primarily for the recreational vehicle, manufactured housing, and industrial markets in the United States and Canada. It operates in two segments, Manufacturing and Distribution. The Manufacturing segment manufactures and fabricates various products, such as decorative vinyl and paper laminated panels, wrapped vinyl, paper and hardwood profile moldings, stiles and battens, hardwood, foil and membrane pressed cabinet doors, drawer sides and bottoms, hardwood furniture, interior passage doors, exterior graphics, and slotwall panels and components, as well as solid surface, granite, and quartz countertops and sinks. The Distribution segment distributes pre-finished wall and ceiling panels, drywall and drywall finishing products, electronics, wiring products, electrical and plumbing products, cement siding products, interior passage doors, roofing products, laminate and ceramic flooring products, shower doors, furniture, fireplaces and surrounds, interior and exterior lighting products, and other miscellaneous products. The company also provides custom fabrication, edge-banding, drilling, boring, and cut-to-size services. Patrick Industries, Inc. markets its products under the Adorn, Custom Vinyls, Patrick Distribution, AIA Countertops, Quest Audio Video, Interior Components Plus, Gravure Ink, Praxis Group, Infinity Graphics, Décor, Gustafson, Creative Wood, and Middlebury Hardwoods brands, as well as Decorative Dynamics brand. The company offers its products through a network of manufacturing and distribution centers. Patrick Industries, Inc. was founded in 1959 and is based in Elkhart, Indiana.


Classification

Sector: Consumer Cyclical
Industry: Home Furnishings & Fixtures
Keywords: Electronics Construction Building Materials Plumbing Building Engineering Distribution Center Flooring Manufactured Housing Countertop Miscellaneous Products Quartz Drywall Finishing Products Flooring Products Hardwood

Is PATK a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 123.58
52 Week Low 62.1262
Average Volume 192,109
200-Day Moving Average 92.73
50-Day Moving Average 112.03
20-Day Moving Average 107.05
10-Day Moving Average 108.12
Average True Range 3.48
RSI (14) 60.32
ADX 18.81
+DI 28.81
-DI 20.93
Chandelier Exit (Long, 3 ATRs) 106.78
Chandelier Exit (Short, 3 ATRs) 112.19
Upper Bollinger Bands 113.37
Lower Bollinger Band 100.73
Percent B (%b) 1.06
BandWidth 11.81
MACD Line -0.07
MACD Signal Line -1.23
MACD Histogram 1.1567
Fundamentals Value
Market Cap 2.53 Billion
Num Shares 22.1 Million
EPS 6.50
Price-to-Earnings (P/E) Ratio 17.56
Price-to-Sales 0.70
Price-to-Book 2.33
PEG Ratio 1.88
Dividend 1.90
Dividend Yield 1.66%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 117.40
Resistance 3 (R3) 117.43 116.39 116.85
Resistance 2 (R2) 116.39 115.56 116.37 116.67
Resistance 1 (R1) 115.26 115.05 115.83 115.23 116.49
Pivot Point 114.22 114.22 114.50 114.20 114.22
Support 1 (S1) 113.09 113.39 113.66 113.06 111.79
Support 2 (S2) 112.05 112.88 112.03 111.61
Support 3 (S3) 110.92 112.05 111.43
Support 4 (S4) 110.89