POLARIS INC (PII) Stock Technical Analysis
NYSE:PII - US7310681025 - Common Stock
59.16 USD
+1.21 (+2.09%)
59.16 USD
0 (0%)
We assign a technical rating of 8 out of 10 to PII. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PII is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
PII is part of the Leisure Products industry. There are 33 other stocks in this industry. PII outperforms 75% of them.
In the last month PII has a been trading in the 51.00 - 60.32 range, which is quite wide. It is currently trading near the high of this range.
PII has an average volume of 1682850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, PII outperforms 59% of them, which is more or less in line with the market.
PII is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PII is lagging the market.
Besides having an excellent technical rating, PII also presents 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 57.22, 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
48.68
59.75
We found 3 important support areas.
- A support zone ranging from 56.41 to 57.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @53.28 from a horizontal line in the daily time frame.
- Support @49.17 from a trend line 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 | 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 | 59.3 | NEUTRAL | PII is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PII is above 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 | MIXED | The current price of PII is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.36 | NEUTRAL | The RSI value for PII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests PII has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 76.28 | NEUTRAL | The Stochastics value for PII is a neutral value. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for PII suggests some volalility. |
| Average Directional Index/ADX (14) | 33.42 | POSITIVE | The high ADX value value for PII suggests a strong 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)
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 |
|---|---|---|---|
| 60.28 | 56.40 | 3.88 (6.44%) | 15.54% |
| An entry @60.28. This is a Buy Stop order right above the 10 day high. | An exit @56.40. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.88 points, which is 6.44%. | When investing 15.54% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
59.16
+1.21 (+2.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg2.09%
1 Week4.97%
2 Weeks11.02%
1 Month13.62%
3 Month44.12%
6 Month24.52%
12 Month-25.42%
2 Year-43.19%
3 Year-38.15%
5 Year-37.29%
10 Year-50.65%
15 Year-9.12%
Volatility
ATR(14)2.15
ATR(20)%3.93%
ATR Inc-15.57%
Range Today2.02
ADR(20)2.19
ADR(20)%3.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.3
Mansfield0.08
10 Day High60.27
10 Day Low53.69
20 Day High60.32
20 Day Low51
52 Week High86.51
52 Week Low30.92
CS1 End57.22
CR1 StartN/A
Volume & EV
DER(3)1.46%
DER(5)2.34%
Volume1.24M
Volume Incr-9.27%
Vol(5)1.25M
Vol(50)1.68M