POLARIS INC (PII) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:PII - US7310681025 - Common Stock
Overall PII gets a technical rating of 6 out of 10. Although PII is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
PII has only a medium technical rating, but it does show a decent setup pattern. 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 64.69, a Stop Loss order could be placed below this zone.
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59.23
We found 2 important support areas.
- A support zone ranging from 63.61 to 64.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 59.83 to 60.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- Resistance @69.07 from a trend line in the weekly time frame.
- A resistance zone ranging from 70.85 to 71.19. 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 | UP | POSITIVE | The long term trend for PII is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PII is up. |
| ChartMill Relative Strength | 68.1 | NEUTRAL | PII is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PII is above a declining 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) | UP | POSITIVE | The current price of PII is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.3 | NEUTRAL | The RSI value for PII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests PII has a positive trend. |
| Stochastics (14,3) | 81.9 | OVERBOUGHT | The high Stochastics value suggests PII may be overbought. |
| Average True Range in percent/ATR (20) | 3.67 | MEDIUM VOLATILITY | The ATR as a percentage value for PII suggests some volalility. |
| Average Directional Index/ADX (14) | 11.8 | NEGATIVE | The low ADX value for PII suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 69.08 | 63.60 | 5.48 (7.93%) | 12.61% |
| An entry @69.08. This is a Buy Stop order right above the resistance zone. | An exit @63.60. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.48 points, which is 7.93%. | For a 1.00% total portfolio risk, you can invest 12.61% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
66.39
-0.47 (-0.7%)
POLARIS INC / PII FAQ
Can you provide the ChartMill technical rating for POLARIS INC?
ChartMill assigns a technical rating of 6 / 10 to PII.
What is the current trend direction of POLARIS INC (PII) stock?
The current trend direction for POLARIS INC (PII) is Bullish.
What is the RSI signal for PII stock?
POLARIS INC (PII) has an RSI value of 55.2963. This indicates that the stock is currently neutral.
What is the short term momentum for POLARIS INC (PII) stock?
The short term momentum for POLARIS INC (PII) is positive.
Can you provide the buy/sell signal for POLARIS INC?
The buy/sell signal for POLARIS INC (PII) is buy as both the short term and long term trends are positive.