Principal U.S. Large-Cap Multi-Factor Core Index (PLC) Technical Analysis
NASDAQ:PLC
Current stock price
PLC Technical Rating and Analysis
Taking everything into account, PLC scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, PLC is a bad performer.
- When comparing the yearly performance of all stocks, PLC is a bad performer in the overall market: 100% of all stocks are doing better.
- Warning: PLC has an average volume of 952 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- PLC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month PLC has a been trading in the 26.66 - 30.49 range, which is quite wide. It is currently trading near the high of this range.
- Considerably lower volume is observed in the last couple of days.
PLC Weekly and Daily overview Charts
PLC Setup Rating and Analysis
PLC has an excellent technical rating, but the quality of the setup is only medium 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 Support and Resistance Analysis
26.22
3 important support areas can be observed.
- A support zone ranging from 28.01 to 28.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.35 from a trend line in the daily time frame.
- A support zone ranging from 26.48 to 26.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 30.14 to 30.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
PLC 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 | UP | POSITIVE | The long term trend for PLC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PLC is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | PLC has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PLC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PLC is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 64.46 | NEUTRAL | The RSI value for PLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests PLC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.02 | OVERBOUGHT | The high Stochastics value suggests PLC may be overbought. |
| Average True Range in percent/ATR (20) | 1.46 | LOW VOLATILITY | The low ATR as a percentage value for PLC suggests low volalility. |
PLC Chart- and CandleStick Pattern Analysis
PLC Technicals: Chart, Performance Metrics, Trend & Indicators
Principal U.S. Large-Cap Multi-Factor Core Index
NASDAQ:PLC (12/11/2020, 8:08:59 PM)
30.13
-0.09 (-0.3%)
Principal U.S. Large-Cap Multi-Factor Core Index / PLC TA FAQ
Can you provide the ChartMill technical rating for Principal U.S. Large-Cap Multi-Factor Core Index?
ChartMill assigns a technical rating of 7 / 10 to PLC.
What is the trend direction for PLC stock?
The current trend direction for Principal U.S. Large-Cap Multi-Factor Core Index (PLC) is Bullish.
Can you provide the RSI signal for Principal U.S. Large-Cap Multi-Factor Core Index?
Principal U.S. Large-Cap Multi-Factor Core Index (PLC) has an RSI value of 64.4576. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for Principal U.S. Large-Cap Multi-Factor Core Index?
The buy/sell signal for Principal U.S. Large-Cap Multi-Factor Core Index (PLC) is buy as both the short term and long term trends are positive.
What is the support and resistance level for PLC stock?
Principal U.S. Large-Cap Multi-Factor Core Index (PLC) has a support level at 28.93 and a resistance level at 30.14. Check the full technical report for our detailed analysis of PLC support and resistance levels.