PLANET LABS PBC -CW26 (PL.W) Technical Analysis
NYSE:PL.W • US72201B1017
Current stock price
PL.W Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to PL.W. Both in the recent history as in the last year, PL.W has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that PL.W is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, PL.W also shows a nice and consistent pattern of rising prices.
- PL.W is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PL.W is performing more or less in line with the market.
- In the last month PL.W has a been trading in the 11.76 - 16.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PL.W Weekly and Daily overview Charts
PL.W Setup Rating and Analysis
Besides having an excellent technical rating, PL.W also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 13.39, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PL.W in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
PL.W Support and Resistance Analysis
12.46
When analyzing the support we can see 2 important areas.
- A support zone ranging from 13.32 to 13.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.59 from a trend line in the daily time frame.
PL.W Technical Indicator Signal Analysis
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 PL.W is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PL.W is neutral. |
| ChartMill Relative Strength | 99.96 | POSITIVE | PL.W has a high relative strength, it outperformed 99.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PL.W is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PL.W is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PL.W is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.3 | NEUTRAL | The RSI value for PL.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests PL.W has a positive trend. |
| Stochastics (14,3) | 71.55 | NEUTRAL | The Stochastics value for PL.W is a neutral value. |
| Average True Range in percent/ATR (20) | 10.68 | HIGH VOLATILITY | The high ATR as a percentage value for PL.W suggests high volalility. |
| Average Directional Index/ADX (14) | 13.81 | NEGATIVE | The low ADX value for PL.W suggests a weak or negative trend. |
PL.W Chart- and CandleStick Pattern Analysis
PL.W Example Setup
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 |
|---|---|---|---|
| 16.01 | 13.31 | 2.70 (16.86%) | 5.93% |
| An entry @16.01. This is a Buy Stop order right above the 10 day high. | An exit @13.31. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.70 points, which is 16.86%. | When investing 5.93% 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.
PL.W Technicals: Chart, Performance Metrics, Trend & Indicators
15.55
+2.19 (+16.39%)
PLANET LABS PBC -CW26 / PL.W TA FAQ
Can you provide the ChartMill technical rating for PLANET LABS PBC -CW26?
ChartMill assigns a technical rating of 10 / 10 to PL.W.
What is the current trend direction of PLANET LABS PBC -CW26 (PL.W) stock?
The current trend direction for PLANET LABS PBC -CW26 (PL.W) is Bullish.
What is the RSI signal for PLANET LABS PBC -CW26 (PL.W) stock?
PLANET LABS PBC -CW26 (PL.W) has an RSI value of 57.2966. This indicates that the stock is currently neutral.
What is the short term momentum for PLANET LABS PBC -CW26 (PL.W) stock?
The short term momentum for PLANET LABS PBC -CW26 (PL.W) is neutral.