Europe - BIT:PLC - IT0005339160 - Common Stock
We assign a technical rating of 10 out of 10 to PLC. 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.
Although PLC has an excellent technical rating, the quality of the presented setup is not ideal 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.
1.43
When analyzing the support we can see 7 important areas.
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 | UP | POSITIVE | The short term trend for PLC.MI is up. |
| ChartMill Relative Strength | 77.26 | POSITIVE | PLC.MI has a high relative strength, it outperformed 77.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PLC.MI is above 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) | 52.19 | NEUTRAL | The RSI value for PLC.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PLC.MI has a negative trend. |
| Stochastics (14,3) | 32.12 | NEUTRAL | The Stochastics value for PLC.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for PLC.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.29 | POSITIVE | The high ADX value value for PLC.MI suggests a strong trend. |
BIT:PLC (11/7/2025, 2:02:30 PM)
2.23
+0.02 (+0.9%)
ChartMill assigns a technical rating of 10 / 10 to PLC.MI.
The current trend direction for PLC SPA (PLC.MI) is Bullish.
PLC SPA (PLC.MI) has an RSI value of 52.1899. This indicates that the stock is currently neutral.
The MACD indicator for PLC SPA (PLC.MI) has a value of -0.00702221, indicating a bearish trend.
PLC SPA (PLC.MI) has a support level at 2.21. Check the full technical report for our detailed analysis of PLC.MI support and resistance levels.