CHILDREN'S PLACE INC/THE (PLCE) Stock Technical Analysis
USA - NASDAQ:PLCE - US1689051076 - Common Stock
7.27 USD
-0.38 (-4.97%)
7.36 USD
+0.09 (+1.24%)
Taking everything into account, PLCE scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, PLCE is only an average performer.
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.
The long and short term trends are both positive. This is looking good!
When compared to the yearly performance of all other stocks, PLCE outperforms 47% of them, which is more or less in line with the market.
PLCE is part of the Specialty Retail industry. There are 120 other stocks in this industry, PLCE did better than 53% of them.
In the last month PLCE has a been trading in the 6.18 - 8.59 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PLCE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 7.13, a Stop Loss order could be placed below this zone.
More info and screens
4.65
7.35
When analyzing the support we can see 3 important areas.
- A support zone ranging from 7.04 to 7.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.20 to 6.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.70 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @7.28 from a horizontal line in the weekly 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 | UP | POSITIVE | The short term trend for PLCE is up. |
| ChartMill Relative Strength | 47.58 | NEUTRAL | PLCE is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of PLCE is above 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) | 53.77 | NEUTRAL | The RSI value for PLCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PLCE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.95 | NEUTRAL | The Stochastics value for PLCE is a neutral value. |
| Average True Range in percent/ATR (20) | 8.4 | HIGH VOLATILITY | The high ATR as a percentage value for PLCE suggests high volalility. |
| Average Directional Index/ADX (14) | 35.89 | POSITIVE | The high ADX value value for PLCE suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 7.29 | 7.03 | 0.26 (3.57%) | 25.00% |
| An entry @7.29. This is a Buy Stop order right above the resistance zone. | An exit @7.03. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.26 points, which is 3.57%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.89%. |
- The distance between exit and entry is rather small compared to the average daily movement of PLCE. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
7.27
-0.38 (-4.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-4.97%
1 Week2.25%
2 Weeks1.25%
1 Month14.31%
3 Month41.17%
6 Month27.32%
12 Month-38.18%
2 Year-73.44%
3 Year-82.04%
5 Year-71.23%
10 Year-86.45%
15 Year-83.5%
Volatility
ATR(14)0.65
ATR(20)%8.4%
ATR Inc39.06%
Range Today0.56
ADR(20)0.6
ADR(20)%8.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.58
Mansfield-1.84
10 Day High8.59
10 Day Low6.94
20 Day High8.59
20 Day Low6.18
52 Week High17.19
52 Week Low3.66
CS1 End7.13
CR1 Start7.28
Volume & EV
DER(3)-4.58%
DER(5)-2.59%
Volume315.70K
Volume Incr27.5%
Vol(5)786.50K
Vol(50)729.20K