Principal U.S. Large-Cap Multi-Factor Core Index (PLC) Stock Technical Analysis
NASDAQ:PLC - Nasdaq -
We assign a technical rating of 7 out of 10 to PLC. Although PLC is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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.
The long and short term trends are both positive. This is looking good!
PLC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PLC is leading 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 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
26.22
30.73
We found 3 important support areas.
- 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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Principal U.S. Large-Cap Multi-Factor Core Index
NASDAQ:PLC (12/11/2020, 8:08:59 PM)
30.13
-0.09 (-0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.3%
1 Week1.28%
2 Weeks4.21%
1 Month7.03%
3 Month13.44%
6 Month40.14%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%1.46%
ATR Inc-62.42%
Range Today0.16
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High30.49
10 Day Low29
20 Day High30.49
20 Day Low26.66
52 Week High30.49
52 Week Low18.95
CS1 End28.93
CR1 Start30.14
Volume & EV
DER(3)0%
DER(5)0%
Volume600
Volume Incr-75%
Vol(5)400
Vol(50)952.76