CHILDREN'S PLACE INC/THE (PLCE) Stock Technical Analysis
NASDAQ:PLCE - Nasdaq - US1689051076 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to PLCE. In the past year, PLCE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, PLCE is a bad performer in the overall market: 91% of all stocks are doing better.
PLCE is part of the Specialty Retail industry. There are 122 other stocks in this industry, of which 78% are performing better than PLCE.
PLCE is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PLCE has a been trading in the 3.66 - 5.45 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Considerably lower volume is observed in the last couple of days.
The technical rating of PLCE is bad and it also does not present a quality setup 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
4.92
6.82
When analyzing the support we notice one important area.
- Support @4.97 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.16 to 5.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.75 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for PLCE is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PLCE is up. |
| ChartMill Relative Strength | 9.09 | NEGATIVE | PLCE has a low relative strength, it was outperformed by 90.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PLCE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PLCE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PLCE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.3 | NEUTRAL | The RSI value for PLCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests PLCE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.89 | OVERBOUGHT | The high Stochastics value suggests PLCE may be overbought. |
| Average True Range in percent/ATR (20) | 5.59 | HIGH VOLATILITY | The high ATR as a percentage value for PLCE suggests high volalility. |
| Average Directional Index/ADX (14) | 16.73 | NEGATIVE | The low ADX value for PLCE suggests a weak or negative trend. |
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)
5.15
-0.14 (-2.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-2.65%
1 Week3.41%
2 Weeks5.32%
1 Month37.7%
3 Month-9.81%
6 Month-50.24%
12 Month-32.1%
2 Year-83.62%
3 Year-88.12%
5 Year-78.9%
10 Year-91.11%
15 Year-87.69%
Volatility
ATR(14)0.27
ATR(20)%5.59%
ATR Inc-9.06%
Range Today0.3
ADR(20)0.28
ADR(20)%5.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.09
Mansfield-4.78
10 Day High5.45
10 Day Low4.8
20 Day High5.45
20 Day Low3.66
52 Week High19.74
52 Week Low3.66
CS1 End4.97
CR1 Start5.16
Volume & EV
DER(3)0.65%
DER(5)-0.12%
Volume323.50K
Volume Incr-53.98%
Vol(5)365.70K
Vol(50)769.93K