PLANET GREEN HOLDINGS CORP (PLAG) Stock Technical Analysis
NYSEARCA:PLAG - NYSE Arca - US72703U2015 - Common Stock - Currency: USD
Taking everything into account, PLAG scores 0 out of 10 in our technical rating. PLAG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, PLAG is a bad performer in the overall market: 93% of all stocks are doing better.
PLAG is part of the Food Products industry. There are 90 other stocks in this industry, of which 79% are performing better than PLAG.
PLAG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PLAG is lagging the market.
In the last month PLAG has a been trading in the 0.47 - 3.28 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of PLAG is bad and it also does not present a 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
0.81
0.82
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 | DOWN | NEGATIVE | The short term trend for PLAG is down. |
| ChartMill Relative Strength | 7.11 | NEGATIVE | PLAG has a low relative strength, it was outperformed by 92.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLAG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PLAG is below 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) | 33.2 | NEUTRAL | The RSI value for PLAG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests PLAG has a negative trend. |
| Stochastics (14,3) | 13.66 | OVERSOLD | The low Stochastics value suggests PLAG may be oversold. |
| Average True Range in percent/ATR (20) | 60.63 | HIGH VOLATILITY | The high ATR as a percentage value for PLAG suggests high volalility. |
| Average Directional Index/ADX (14) | 50.15 | 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)
0.8149
-0.1 (-10.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-10.68%
1 Week-67.01%
2 Weeks-68.66%
1 Month-44.56%
3 Month-20.11%
6 Month-67.4%
12 Month-50.91%
2 Year-83.86%
3 Year-89.69%
5 Year-96.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%60.63%
ATR Inc-73.89%
Range Today0.14
ADR(20)0.49
ADR(20)%59.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.11
Mansfield-6.01
10 Day High3.28
10 Day Low0.47
20 Day High3.28
20 Day Low0.47
52 Week High5.52
52 Week Low0.47
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-5.78%
DER(5)-5.92%
Volume336.90K
Volume Incr491.22%
Vol(5)2.31M
Vol(50)548.28K