PLC SPA (PLC.MI) Technical Analysis
BIT:PLC • IT0005339160
Current stock price
PLC.MI Technical Rating and Analysis
Overall PLC gets a technical rating of 10 out of 10. In the last year, PLC was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Looking at the yearly performance, PLC did better than 83% of all other stocks. We also observe that the gains produced by PLC over the past year are nicely spread over this period.
- 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.
- In the last month PLC has a been trading in the 1.90 - 2.59 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- PLC is an average performer in the Construction & Engineering industry, it outperforms 64% of 46 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
PLC.MI Weekly and Daily overview Charts
PLC.MI Setup Rating and Analysis
Although PLC has an excellent technical rating, it does not present a decent entry opportunity 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
PLC.MI Support and Resistance Analysis
1.48
We found 7 important support areas.
- A support zone ranging from 2.41 to 2.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.24 to 2.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.10 from a horizontal line in the weekly time frame.
- Support @2.05 from a trend line in the daily time frame.
- Support @1.99 from a horizontal line in the daily time frame.
- Support @1.78 from a trend line in the weekly time frame.
- Support @1.49 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @2.44 from a horizontal line in the weekly time frame.
PLC.MI 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 | NEUTRAL | NEUTRAL | The long term trend for PLC.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PLC.MI is up. |
| ChartMill Relative Strength | 83.33 | POSITIVE | PLC.MI has a high relative strength, it outperformed 83.33% 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) | 59.65 | NEUTRAL | The RSI value for PLC.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests PLC.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.09 | OVERBOUGHT | The high Stochastics value suggests PLC.MI may be overbought. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for PLC.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.7 | NEGATIVE | The low ADX value for PLC.MI suggests a weak or negative trend. |
PLC.MI Chart- and CandleStick Pattern Analysis
PLC.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:PLC (4/1/2026, 7:00:00 PM)
2.42
-0.08 (-3.2%)
PLC SPA / PLC.MI TA FAQ
Can you provide the ChartMill technical rating for PLC SPA?
ChartMill assigns a technical rating of 10 / 10 to PLC.MI.
What is the trend direction for PLC stock?
The current trend direction for PLC SPA (PLC.MI) is Bearish.
Can you provide the RSI signal for PLC SPA?
PLC SPA (PLC.MI) has an RSI value of 59.6456. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for PLC SPA?
PLC SPA (PLC.MI) has a support level at 2.41 and a resistance level at 2.44. Check the full technical report for our detailed analysis of PLC.MI support and resistance levels.