Should You Invest In PTC Therapeutics, Inc. ($PTCT) Or Aduro Biotech, Inc. ($ADRO)?

2019-08-20 | Welcome! Today we compared how two different stocks in the Major Pharmaceuticals industry are trading: PTC Therapeutics, Inc. and Aduro Biotech, Inc.. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, PTC Therapeutics, Inc. opened at 45.65, got to a maximum price of 46.77 and dropped to as low as 44.54 before finishing the session at 46.49. In total there were 261200 shares traded, which is enough to conduct our analysis. Compare that now to Aduro Biotech, Inc., which opened at 1.39, had a high of 1.42, a low of 1.36, closed at 1.37 and had a total volume of 147600.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator PTC Therapeutics, Inc. Aduro Biotech, Inc.
Accumulation-distribution index 262.47982 5.49
on-balance volume -45.12 -1.38
chaikin money flow

2.98214 3.0
force index

0.87075 0.0014
ease of movement rating

0.01141 0.00109
volume-price trend

4.6748 -0.56278
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator PTC Therapeutics, Inc. Aduro Biotech, Inc.
Average true range 0.95618 0.13899
Bolinger bands 44.60399 1.36914
Upper bollinger band 44.40601 1.34086
Lower bollinger band

44.54 1.36
Bollinger high band indicator

nan 1.0
Bollinger high low indicator

1.0 nan
Central keltner channel

45.65333 1.39
High band keltner channel

44.53333 1.36
Low band keltner channel

46.77333 1.42
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

44.54 1.36
Donchain channel low band

44.54 1.36
Donchain channel high band indicator

nan 1.0
Donchain channel low band indicator

1.0 nan

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator PTC Therapeutics, Inc. Aduro Biotech, Inc.
Moving Average Convergence Divergence (MACD) trend_macd -0.00022
MACD signal -0.00087 -0.00012
MACD difference -0.0007 -0.0001
fast Exponential Moving Average (EMA) indicator

44.54 1.36
slow Exponential Moving Average (EMA) indicator

44.54 1.36
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.21675 0.28259

6.02672 -29.29918
Mass Index (MI)

1.0 1.0
Commodity Channel Index (CCI)

-66.66667 -66.66667
Detrended Price Oscillator (DPO)

-4.09589 1.04538
KST Oscillator (KST)

101.27271 -434.60053
KST Oscillator (KST Signal)

101.27271 -434.60053
KST difference

-0.4327 -1.03934
Ichimoku rating

46.21 1.405
Ichimoku B rating

46.21 1.405
Ichimoku visual trend A

42.46824 2.35479
Ichimoku visual trend B

43.8233 2.04804
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

-4.0 -4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator PTC Therapeutics, Inc. Aduro Biotech, Inc.
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 100.0 16.82867
True Strength Index (TSI) 100.0 -100.0
ultimate oscillator

78.67798 -6.08903
stochastic oscillator

199.10714 200.0
stochastic oscillator signal

199.10714 200.0
Williams %R rating

99.10714 100.0
awesome oscillator

-0.05158 -0.0045

RETURNS: That’s all for technical analysis. Now let’s just list the returns for PTC Therapeutics, Inc. and Aduro Biotech, Inc..

Daily return 10.12727 -43.46005
Daily log return -0.15729 -0.73801
Cumulative return -0.15716 -0.73529

So there you have it: our deep, grueling analysis comparing PTC Therapeutics, Inc. and Aduro Biotech, Inc. together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s PTC Therapeutics, Inc.:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether PTCT is strong or weak. Again – this is not a reliable indication of whether PTC Therapeutics, Inc. is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with Aduro Biotech, Inc.

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.
Gary Ivenchuck

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