WISDOMTREE GROWTH LEADERS FU (PLAT) Stock Technical Analysis
USA - NYSEARCA:PLAT - US97717Y7177 - ETF
30.4929 USD
-0.48 (-1.55%)
Taking everything into account, PLAT scores 3 out of 10 in our technical rating. Although PLAT 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.
Warning: PLAT has an average volume of 2242 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that PLAT is one of the better performing stocks in the market, outperforming 84% of all stocks. However, we also see that PLAT couldn't keep up this performance in the last couple of months.
PLAT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PLAT is lagging the market.
In the last month PLAT has a been trading in the 29.22 - 32.09 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.
The technical rating of PLAT 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
29.68
35.34
2 important support areas can be observed.
- A support zone ranging from 30.46 to 30.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.98 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 30.72 to 31.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 34.12 to 34.99. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for PLAT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PLAT is down. |
| ChartMill Relative Strength | 84.85 | POSITIVE | PLAT has a high relative strength, it outperformed 84.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLAT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PLAT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PLAT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.19 | NEUTRAL | The RSI value for PLAT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PLAT has a negative trend. |
| Stochastics (14,3) | 57.13 | NEUTRAL | The Stochastics value for PLAT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for PLAT suggests low volalility. |
| Average Directional Index/ADX (14) | 24.29 | NEUTRAL | The ADX value for PLAT suggests a possible start of a new 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:PLAT (10/20/2023, 8:05:05 PM)
30.4929
-0.48 (-1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.55%
1 Week-2.34%
2 Weeks-3.01%
1 Month-1.88%
3 Month-8.97%
6 Month5.48%
12 Month18.76%
2 Year-36.11%
3 Year-16.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%1.41%
ATR Inc-5.14%
Range Today0
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
CRS84.85
Mansfield0.26
10 Day High32.09
10 Day Low30.49
20 Day High32.09
20 Day Low29.22
52 Week High35
52 Week Low23.88
CS1 End30.48
CR1 Start30.72
Volume & EV
DER(3)0%
DER(5)5%
Volume100
Volume Incr-86.04%
Vol(5)580
Vol(50)2.24K