POLARIS INC (PII) Stock Technical Analysis
NYSE:PII • US7310681025
Taking everything into account, PII scores 1 out of 10 in our technical rating. PII has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month PII has a been trading in the 61.82 - 70.45 range, which is quite wide. It is currently trading near the lows of this range.
- PII is one of the better performing stocks in the Leisure Products industry, it outperforms 80% of 31 stocks in the same industry.
- PII is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PII is lagging the market slightly.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- Looking at the yearly performance, PII did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Although the technical rating is bad, PII does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 63.83, a Stop Loss order could be placed below this zone.
More info and screens
61.59
When analyzing the support we can see 2 important areas.
- A support zone ranging from 63.61 to 63.83. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @62.21 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 65.66 to 67.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 69.89 to 71.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for PII is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PII is down. |
| ChartMill Relative Strength | 77.63 | POSITIVE | PII has a high relative strength, it outperformed 77.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PII is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PII is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PII is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.54 | NEUTRAL | The RSI value for PII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests PII has a negative trend. |
| Stochastics (14,3) | 24.79 | NEUTRAL | The Stochastics value for PII is a neutral value. |
| Average True Range in percent/ATR (20) | 4.22 | MEDIUM VOLATILITY | The ATR as a percentage value for PII suggests some volalility. |
| Average Directional Index/ADX (14) | 16.31 | NEGATIVE | The low ADX value for PII suggests a weak or negative trend. |
63.98
+1.76 (+2.83%)
POLARIS INC / PII FAQ
Can you provide the ChartMill technical rating for POLARIS INC?
ChartMill assigns a technical rating of 1 / 10 to PII.
What is the trend direction for PII stock?
The current trend direction for POLARIS INC (PII) is Bearish.
What is the RSI signal for PII stock?
POLARIS INC (PII) has an RSI value of 42.5364. This indicates that the stock is currently neutral.
Can you provide the short term momentum for POLARIS INC?
The short term momentum for POLARIS INC (PII) is negative.
What is the support and resistance level for PII stock?
POLARIS INC (PII) has a support level at 63.83 and a resistance level at 65.66. Check the full technical report for our detailed analysis of PII support and resistance levels.