PLC SPA (PLC.MI) Stock Technical Analysis
BIT:PLC • IT0005339160
Overall PLC gets a technical rating of 6 out of 10. In the last year, PLC was one of the better performers, but we do observe some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that PLC is one of the better performing stocks in the market, outperforming 70% of all stocks. On top of that, PLC also shows a nice and consistent pattern of rising prices.
- PLC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so PLC is performing more or less in line with the market.
- PLC is an average performer in the Construction & Engineering industry, it outperforms 47% of 43 stocks in the same industry.
- In the last month PLC has a been trading in the 2.12 - 2.43 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.
Although the technical rating is only medium, PLC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.17, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PLC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.75
5 important support areas can be observed.
- A support zone ranging from 2.16 to 2.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.09 from a trend line in the daily time frame.
- Support @1.99 from a horizontal line in the daily time frame.
- 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 weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.22 to 2.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.41 to 2.42. 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 | 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 | 70.99 | POSITIVE | PLC.MI has a high relative strength, it outperformed 70.99% 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) | 46.34 | 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) | 47.18 | NEUTRAL | The Stochastics value for PLC.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.18 | MEDIUM VOLATILITY | The ATR as a percentage value for PLC.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.87 | NEGATIVE | The low ADX value for PLC.MI suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 2.26 | 2.15 | 0.11 (4.87%) | 20.55% |
| An entry @2.26. This is a Buy Stop order right above the resistance zone. | An exit @2.15. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.11 points, which is 4.87%. | For a 1.00% total portfolio risk, you can invest 20.55% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PLC. Please evaluate whether better entry and exit points can be found.
- 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 (3/3/2026, 7:00:00 PM)
2.22
-0.07 (-3.06%)
PLC SPA / PLC.MI FAQ
Can you provide the ChartMill technical rating for PLC SPA?
ChartMill assigns a technical rating of 6 / 10 to PLC.MI.
What is the trend direction for PLC stock?
The current trend direction for PLC SPA (PLC.MI) is Bullish.
What is the RSI signal for PLC stock?
PLC SPA (PLC.MI) has an RSI value of 46.3367. This indicates that the stock is currently neutral.
What is the short term momentum for PLC stock?
The short term momentum for PLC SPA (PLC.MI) is neutral.
What is the support and resistance level for PLC stock?
PLC SPA (PLC.MI) has a support level at 2.17 and a resistance level at 2.22. Check the full technical report for our detailed analysis of PLC.MI support and resistance levels.