Taking everything into account, PLCE scores 4 out of 10 in our technical rating. In the last year, PLCE was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
PLCE has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 7.46, a Stop Loss order could be placed below this zone.
More info and screens
6.74
When analyzing the support we can see 3 important areas.
- A support zone ranging from 7.39 to 7.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.13 from a trend line in the daily time frame.
- A support zone ranging from 6.81 to 6.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.66 to 7.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.08 from a horizontal line in the daily time frame.
- Resistance @9.21 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 | UP | POSITIVE | The long term trend for PLCE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLCE is neutral. |
| ChartMill Relative Strength | 20.24 | NEGATIVE | PLCE has a low relative strength, it was outperformed by 79.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLCE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PLCE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PLCE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.99 | NEUTRAL | The RSI value for PLCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PLCE has a negative trend. |
| Stochastics (14,3) | 37.59 | NEUTRAL | The Stochastics value for PLCE is a neutral value. |
| Average True Range in percent/ATR (20) | 8.71 | HIGH VOLATILITY | The high ATR as a percentage value for PLCE suggests high volalility. |
| Average Directional Index/ADX (14) | 13.57 | NEGATIVE | The low ADX value for PLCE suggests a weak or negative trend. |
7.47
-0.3 (-3.86%)
CHILDREN'S PLACE INC/THE / PLCE FAQ
What is the ChartMill technical rating of CHILDREN'S PLACE INC/THE (PLCE) stock?
ChartMill assigns a technical rating of 4 / 10 to PLCE.
Can you provide the trend direction for CHILDREN'S PLACE INC/THE?
The current trend direction for CHILDREN'S PLACE INC/THE (PLCE) is Bullish.
What is the RSI signal for PLCE stock?
CHILDREN'S PLACE INC/THE (PLCE) has an RSI value of 46.9938. This indicates that the stock is currently neutral.
What are the support and resistance levels for CHILDREN'S PLACE INC/THE (PLCE) stock?
CHILDREN'S PLACE INC/THE (PLCE) has a support level at 7.46 and a resistance level at 7.66. Check the full technical report for our detailed analysis of PLCE support and resistance levels.