PLANET GREEN HOLDINGS CORP (PLAG) Stock Technical Analysis
NYSEARCA:PLAG - NYSE Arca - US72703U2015 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to PLAG. Although PLAG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
PLAG 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.
PLAG is part of the Food Products industry. There are 91 other stocks in this industry. PLAG outperforms 83% of them.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that PLAG is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month PLAG has a been trading in the 1.05 - 2.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
PLAG has only a medium technical rating, but it does show 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 1.50, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PLAG 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
1.49
2.82
When analyzing the support we notice one important area.
- A support zone ranging from 1.50 to 1.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @1.88 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.01 to 2.01. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @2.21 from a trend line in the weekly time frame.
- Resistance @2.79 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 | NEUTRAL | NEUTRAL | The long term trend for PLAG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLAG is neutral. |
| ChartMill Relative Strength | 84.61 | POSITIVE | PLAG has a high relative strength, it outperformed 84.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PLAG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PLAG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PLAG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.29 | NEUTRAL | The RSI value for PLAG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PLAG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 53.29 | NEUTRAL | The Stochastics value for PLAG is a neutral value. |
| Average True Range in percent/ATR (20) | 14.7 | HIGH VOLATILITY | The high ATR as a percentage value for PLAG suggests high volalility. |
| Average Directional Index/ADX (14) | 28.86 | POSITIVE | The high ADX value value for PLAG 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)
NYSEARCA:PLAG (8/8/2025, 8:04:01 PM)
1.75
-0.13 (-6.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-6.91%
1 Week16.67%
2 Weeks-12.5%
1 Month57.66%
3 Month42.28%
6 Month-25.01%
12 Month12.18%
2 Year-78.4%
3 Year-79.16%
5 Year-89.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%14.7%
ATR Inc51.82%
Range Today0.41
ADR(20)0.25
ADR(20)%14.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.61
Mansfield-1.67
10 Day High2.08
10 Day Low1.47
20 Day High2.12
20 Day Low1.05
52 Week High5.52
52 Week Low0.47
CS1 End1.5
CR1 Start1.88
Volume & EV
DER(3)10.05%
DER(5)-10.69%
Volume146.30K
Volume Incr-50.73%
Vol(5)75.10K
Vol(50)432.03K