POLARIS INC (PII) Stock Technical Analysis
NYSE:PII - New York Stock Exchange, Inc. - US7310681025 - Common Stock - Currency: USD
Taking everything into account, PII scores 4 out of 10 in our technical rating. In the past year, PII was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
89% of all other stocks performed better in the past year than PII.
PII is part of the Leisure Products industry. There are 30 other stocks in this industry, of which 68% are performing better than PII.
PII is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PII has a been trading in the 36.73 - 43.51 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
PII has an average volume of 1691280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, PII does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 40.83, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
36.44
43.66
When analyzing the support we can see 2 important areas.
- A support zone ranging from 39.28 to 40.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.81 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 40.65 to 41.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 42.62 to 43.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for PII is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PII is up. |
| ChartMill Relative Strength | 11.66 | NEGATIVE | PII has a low relative strength, it was outperformed by 88.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PII is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PII is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PII is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.33 | NEUTRAL | The RSI value for PII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests PII has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.23 | NEUTRAL | The Stochastics value for PII is a neutral value. |
| Average True Range in percent/ATR (20) | 3.83 | MEDIUM VOLATILITY | The ATR as a percentage value for PII suggests some volalility. |
| Average Directional Index/ADX (14) | 19.27 | NEGATIVE | The low ADX value for PII suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
40.65
-0.29 (-0.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-0.71%
1 Week0.59%
2 Weeks0.07%
1 Month3.65%
3 Month10.73%
6 Month-29.74%
12 Month-45.25%
2 Year-66.39%
3 Year-59.06%
5 Year-56.08%
10 Year-72.55%
15 Year-25.58%
Volatility
ATR(14)1.4
ATR(20)%3.83%
ATR Inc-23.72%
Range Today0.98
ADR(20)1.52
ADR(20)%3.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.66
Mansfield-3.54
10 Day High41.74
10 Day Low38.42
20 Day High43.51
20 Day Low36.73
52 Week High88
52 Week Low30.92
CS1 End40.83
CR1 Start41.06
Volume & EV
DER(3)-1.93%
DER(5)-1.67%
Volume1.29M
Volume Incr114.32%
Vol(5)2.77M
Vol(50)1.69M