PHOTRONICS INC (PLAB) Technical Analysis
NASDAQ:PLAB • US7194051022
Current stock price
50.07 USD
+0.53 (+1.07%)
At close:
49.99 USD
-0.08 (-0.16%)
After Hours:
PLAB Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to PLAB. Both in the recent history as in the last year, PLAB has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that PLAB is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, PLAB also shows a nice and consistent pattern of rising prices.
- A new 52 week high is currently being made by PLAB, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month PLAB has a been trading in the 36.63 - 51.05 range, which is quite wide. It is currently trading near the high of this range.
- PLAB has an average volume of 1021380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- PLAB is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, PLAB did better than 68% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PLAB Weekly and Daily overview Charts
PLAB Setup Rating and Analysis
Although PLAB has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
PLAB Support and Resistance Analysis
19.49
50.57
We found 5 important support areas.
- Support @41.16 from a trend line in the daily time frame.
- A support zone ranging from 38.28 to 38.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.63 from a horizontal line in the weekly time frame.
- Support @20.64 from a horizontal line in the daily time frame.
- Support @19.69 from a horizontal line in the daily time frame.
PLAB 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 PLAB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PLAB is up. |
| ChartMill Relative Strength | 96.12 | POSITIVE | PLAB has a high relative strength, it outperformed 96.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PLAB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PLAB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PLAB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.27 | OVERBOUGHT | The high RSI value suggests PLAB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.59 | POSITIVE | The MACD value suggests PLAB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.27 | OVERBOUGHT | The high Stochastics value suggests PLAB may be overbought. |
| Average True Range in percent/ATR (20) | 4.4 | MEDIUM VOLATILITY | The ATR as a percentage value for PLAB suggests some volalility. |
| Average Directional Index/ADX (14) | 26.09 | POSITIVE | The high ADX value value for PLAB suggests a strong trend. |
PLAB Chart- and CandleStick Pattern Analysis
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)
PLAB Technicals: Chart, Performance Metrics, Trend & Indicators
50.07
+0.53 (+1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.07%
1 Week9.18%
2 Weeks15.66%
1 Month17.76%
3 Month44.23%
6 Month109.32%
12 Month168.18%
2 Year82.67%
3 Year246.27%
5 Year294.25%
10 Year373.25%
15 Year473.54%
Volatility
ATR(14)2
ATR(20)%4.4%
ATR Inc3.79%
Range Today2.62
ADR(20)1.98
ADR(20)%3.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.12
3 months CRS96.52
6 months CRS98.34
Mansfield6.93
10 Day High51.05
10 Day Low43.22
20 Day High51.05
20 Day Low36.63
52 Week High51.05
52 Week Low16.59
CS1 End41.16
CR1 StartN/A
Volume & EV
DER(3)0.17%
DER(5)2.01%
Volume869.90K
Volume Incr-2.91%
Vol(5)938.10K
Vol(50)1.02M
PHOTRONICS INC / PLAB TA FAQ
What is the technical rating for PLAB stock?
ChartMill assigns a technical rating of 10 / 10 to PLAB.
Can you provide the trend direction for PHOTRONICS INC?
The current trend direction for PHOTRONICS INC (PLAB) is Bullish.
Can you provide the RSI signal for PHOTRONICS INC?
PHOTRONICS INC (PLAB) has an RSI value of 75.2704. This indicates that the stock is currently overbought.
What is the MACD signal for PHOTRONICS INC (PLAB) stock?
The MACD indicator for PHOTRONICS INC (PLAB) has a value of 0.585903, indicating a bearish trend.
What is the buy/sell signal for PHOTRONICS INC (PLAB) stock?
The buy/sell signal for PHOTRONICS INC (PLAB) is buy as both the short term and long term trends are positive.