CHILDREN'S PLACE INC/THE (PLCE) Stock Technical Analysis
NASDAQ:PLCE - Nasdaq - US1689051076 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to PLCE. PLCE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
97% of all other stocks performed better in the past year than PLCE.
PLCE is part of the Specialty Retail industry. There are 121 other stocks in this industry, of which 89% are performing better than PLCE.
PLCE is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so PLCE is lagging the market.
In the last month PLCE has a been trading in the 3.73 - 7.02 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
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
3.70
6.82
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 6.29 to 6.33. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The short term trend for PLCE is down. |
| ChartMill Relative Strength | 3.06 | NEGATIVE | PLCE has a low relative strength, it was outperformed by 96.94% 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) | 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) | 31.69 | NEUTRAL | The RSI value for PLCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests PLCE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 1.17 | OVERSOLD | The low Stochastics value suggests PLCE may be oversold. |
| Average True Range in percent/ATR (20) | 12.94 | HIGH VOLATILITY | The high ATR as a percentage value for PLCE suggests high volalility. |
| Average Directional Index/ADX (14) | 23.32 | NEUTRAL | The ADX value for PLCE suggests a possible start of a new 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)
3.74
-0.02 (-0.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.53%
1 Week-7.88%
2 Weeks-41.19%
1 Month-39.97%
3 Month-57.5%
6 Month-63.55%
12 Month-53.02%
2 Year-83.89%
3 Year-90.39%
5 Year-90.01%
10 Year-94.28%
15 Year-91.5%
Volatility
ATR(14)0.52
ATR(20)%12.94%
ATR Inc-55.57%
Range Today0.17
ADR(20)0.4
ADR(20)%10.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.06
Mansfield-6.15
10 Day High7.02
10 Day Low3.73
20 Day High7.02
20 Day Low3.73
52 Week High19.74
52 Week Low3.73
CS1 EndN/A
CR1 Start6.29
Volume & EV
DER(3)-8.17%
DER(5)-4.56%
Volume661.40K
Volume Incr32.27%
Vol(5)1.18M
Vol(50)779.09K