PLC SPA (PLC.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:PLC - IT0005339160 - Common Stock
We assign a technical rating of 5 out of 10 to PLC. In the last year, PLC was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Although the technical rating is only medium, PLC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.00, a Stop Loss order could be placed below this zone.
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1.68
4 important support areas can be observed.
- A support zone ranging from 1.99 to 2.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.93 to 1.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.77 from a trend line in the daily time frame.
- Support @1.70 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.08 to 2.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.32 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 2.38 to 2.41. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for PLC.MI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLC.MI is neutral. |
| ChartMill Relative Strength | 70.41 | POSITIVE | PLC.MI has a high relative strength, it outperformed 70.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLC.MI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PLC.MI is below a declining 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) | 46.79 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 39.39 | NEUTRAL | The Stochastics value for PLC.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.01 | HIGH VOLATILITY | The high ATR as a percentage value for PLC.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 26.33 | POSITIVE | The high ADX value value for PLC.MI suggests a strong trend. |
BIT:PLC (12/8/2025, 7:00:00 PM)
2.07
+0.03 (+1.47%)
PLC SPA / PLC.MI FAQ
What is the technical rating for PLC stock?
ChartMill assigns a technical rating of 5 / 10 to PLC.MI.
What is the current trend direction of PLC SPA (PLC.MI) stock?
The current trend direction for PLC SPA (PLC.MI) is Bearish.
What is the RSI signal for PLC SPA (PLC.MI) stock?
PLC SPA (PLC.MI) has an RSI value of 46.785. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PLC SPA?
The MACD indicator for PLC SPA (PLC.MI) has a value of -0.0073104, indicating a bearish trend.
Can you provide the support and resistance levels for PLC SPA?
PLC SPA (PLC.MI) has a support level at 2 and a resistance level at 2.08. Check the full technical report for our detailed analysis of PLC.MI support and resistance levels.