PLAYBOY INC (PLBY) Technical Analysis
NASDAQ:PLBY • US72814P1093
Current stock price
PLBY Technical Rating and Analysis
Overall PLBY gets a technical rating of 1 out of 10. PLBY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- PLBY is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- PLBY is part of the Textiles, Apparel & Luxury Goods industry. There are 45 other stocks in this industry. PLBY outperforms 70% of them.
- PLBY has an average volume of 1322290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that PLBY is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- PLBY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PLBY is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
PLBY Weekly and Daily overview Charts
PLBY Setup Rating and Analysis
The technical rating of PLBY 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
PLBY Support and Resistance Analysis
1.45
When analyzing the support we notice one important area.
- A support zone ranging from 1.46 to 1.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.57 to 1.59. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.10 from a horizontal line in the weekly time frame.
PLBY 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 | DOWN | NEGATIVE | The long term trend for PLBY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PLBY is down. |
| ChartMill Relative Strength | 76.61 | POSITIVE | PLBY has a high relative strength, it outperformed 76.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLBY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PLBY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PLBY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.65 | NEUTRAL | The RSI value for PLBY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PLBY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.69 | OVERSOLD | The low Stochastics value suggests PLBY may be oversold. |
| Average True Range in percent/ATR (20) | 8.07 | HIGH VOLATILITY | The high ATR as a percentage value for PLBY suggests high volalility. |
| Average Directional Index/ADX (14) | 14.94 | NEGATIVE | The low ADX value for PLBY suggests a weak or negative trend. |
PLBY Chart- and CandleStick Pattern Analysis
PLBY Technicals: Chart, Performance Metrics, Trend & Indicators
1.56
+0.09 (+6.12%)
PLAYBOY INC / PLBY TA FAQ
What is the technical rating for PLBY stock?
ChartMill assigns a technical rating of 1 / 10 to PLBY.
Can you provide the trend direction for PLAYBOY INC?
The current trend direction for PLAYBOY INC (PLBY) is Bearish.
What is the RSI signal for PLBY stock?
PLAYBOY INC (PLBY) has an RSI value of 42.6538. This indicates that the stock is currently neutral.
Can you provide the short term momentum for PLAYBOY INC?
The short term momentum for PLAYBOY INC (PLBY) is negative.
What are the support and resistance levels for PLAYBOY INC (PLBY) stock?
PLAYBOY INC (PLBY) has a support level at 1.48 and a resistance level at 1.57. Check the full technical report for our detailed analysis of PLBY support and resistance levels.