CHILDREN'S PLACE INC/THE (PLCE) Stock Technical Analysis
USA - NASDAQ:PLCE - US1689051076 - Common Stock
Taking everything into account, PLCE scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, PLCE has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, PLCE also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
6.98
We found 3 important support areas.
- A support zone ranging from 8.52 to 8.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.18 to 7.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.05 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @8.70 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 9.14 to 9.21. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for PLCE is up. |
| ChartMill Relative Strength | 86.83 | POSITIVE | PLCE has a high relative strength, it outperformed 86.83% 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) | 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) | 56.12 | NEUTRAL | The RSI value for PLCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests PLCE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.26 | NEUTRAL | The Stochastics value for PLCE is a neutral value. |
| Average True Range in percent/ATR (20) | 9.09 | HIGH VOLATILITY | The high ATR as a percentage value for PLCE suggests high volalility. |
| Average Directional Index/ADX (14) | 28.59 | POSITIVE | The high ADX value value for PLCE suggests a strong trend. |
8.53
-0.16 (-1.84%)
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 9 / 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 56.1195. This indicates that the stock is currently neutral.
What is the buy/sell signal for CHILDREN'S PLACE INC/THE (PLCE) stock?
The buy/sell signal for CHILDREN'S PLACE INC/THE (PLCE) is buy as both the short term and long term trends are positive.
What is the support and resistance level for PLCE stock?
CHILDREN'S PLACE INC/THE (PLCE) has a support level at 8.52 and a resistance level at 8.7. Check the full technical report for our detailed analysis of PLCE support and resistance levels.