Anaplan Inc (PLAN) Stock Technical Analysis
NYSE:PLAN - New York Stock Exchange, Inc. - US03272L1089 - Common Stock
We assign a technical rating of 4 out of 10 to PLAN. In the last year, PLAN was one of the better performers, but we do observe some doubts in the very recent evolution.
PLAN is part of the Software industry. There are 282 other stocks in this industry. PLAN outperforms 87% of them.
PLAN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PLAN is lagging the market slightly.
PLAN has an average volume of 4821810 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, PLAN did better than 93% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month PLAN has a been trading in a tight range between 62.80 and 65.85.
Although the technical rating is only medium, PLAN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 63.32, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PLAN 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
40.36
66.84
4 important support areas can be observed.
- A support zone ranging from 62.60 to 63.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @43.72 from a trend line in the daily time frame.
- Support @42.84 from a horizontal line in the daily time frame.
- Support @40.77 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 64.27 to 66.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 PLAN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PLAN is down. |
| ChartMill Relative Strength | 93.44 | POSITIVE | PLAN has a high relative strength, it outperformed 93.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLAN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PLAN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PLAN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.11 | NEUTRAL | The RSI value for PLAN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests PLAN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.19 | NEUTRAL | The Stochastics value for PLAN is a neutral value. |
| Average True Range in percent/ATR (20) | 0.62 | LOW VOLATILITY | The low ATR as a percentage value for PLAN suggests low volalility. |
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)
63.73
+0.37 (+0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.58%
1 Week1.08%
2 Weeks0.65%
1 Month-1.97%
3 Month-1.86%
6 Month38.18%
12 Month15.29%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%0.62%
ATR Inc-10.94%
Range Today0.09
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.44
Mansfield3.01
10 Day High63.75
10 Day Low62.8
20 Day High65.85
20 Day Low62.8
52 Week High70.25
52 Week Low39.92
CS1 End63.32
CR1 Start64.27
Volume & EV
DER(3)3.32%
DER(5)1.68%
Volume8.36M
Volume Incr24.14%
Vol(5)4.15M
Vol(50)4.82M