PLC SPA (PLC.MI) Stock Technical Analysis
BIT:PLC - IT0005339160 - Common Stock
2.07 EUR
+0.02 (+0.98%)
Taking everything into account, PLC scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, PLC has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month PLC has a been trading in the 2.02 - 2.30 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Looking at the yearly performance, PLC did better than 72% of all other stocks.
PLC 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 PLC is lagging the market slightly.
PLC is an average performer in the Construction & Engineering industry, it outperforms 53% of 42 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, PLC also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 2.05, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
1.41
2.32
5 important support areas can be observed.
- A support zone ranging from 1.97 to 2.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.67 from a trend line in the daily time frame.
- Support @1.62 from a trend line in the weekly time frame.
- Support @1.50 from a horizontal line in the daily time frame.
- Support @1.42 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.23 to 2.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.30 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for PLC.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLC.MI is neutral. |
| ChartMill Relative Strength | 72.45 | POSITIVE | PLC.MI has a high relative strength, it outperformed 72.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PLC.MI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PLC.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PLC.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.99 | NEUTRAL | The RSI value for PLC.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PLC.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.04 | NEUTRAL | The Stochastics value for PLC.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.89 | MEDIUM VOLATILITY | The ATR as a percentage value for PLC.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.79 | NEUTRAL | The ADX value for PLC.MI 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.17 | 2.01 | 0.16 (7.37%) | 13.56% |
| An entry @2.17. This is a Buy Stop order right above the 10 day high. | An exit @2.01. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.16 points, which is 7.37%. | For a 1.00% total portfolio risk, you can invest 13.56% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
BIT:PLC (9/8/2025, 7:00:00 PM)
2.07
+0.02 (+0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.98%
1 Week-0.48%
2 Weeks-3.27%
1 Month4.02%
3 Month11.89%
6 Month31.43%
12 Month21.41%
2 Year38.93%
3 Year38%
5 Year58.62%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%3.89%
ATR Inc0.96%
Range Today0.08
ADR(20)0.06
ADR(20)%3.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.45
Mansfield0.35
10 Day High2.16
10 Day Low2.02
20 Day High2.3
20 Day Low2.02
52 Week High2.3
52 Week Low1.39
CS1 End2.05
CR1 Start2.23
Volume & EV
DER(3)0%
DER(5)0%
Volume20.58K
Volume Incr-37.4%
Vol(5)24.09K
Vol(50)38.18K