CHILDREN'S PLACE INC/THE (PLCE) Stock Technical Analysis
NASDAQ:PLCE - Nasdaq - US1689051076 - Common Stock - Currency: USD
We assign a technical rating of 1 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
92% of all other stocks performed better in the past year than PLCE.
PLCE is part of the Specialty Retail industry. There are 120 other stocks in this industry, of which 80% are performing better than PLCE.
PLCE is currently trading near the lower end of its 52 week range, which is not a good sign. 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 4.81 - 6.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, PLCE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
4.81
7.38
4 important support areas can be observed.
- A support zone ranging from 6.06 to 6.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.69 to 5.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.08 from a horizontal line in the weekly time frame.
- Support @4.86 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @6.20 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 6.51 to 6.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.76 to 6.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.31 from a trend 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 | DOWN | NEGATIVE | The long term trend for PLCE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLCE is neutral. |
| ChartMill Relative Strength | 8.61 | NEGATIVE | PLCE has a low relative strength, it was outperformed by 91.39% 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) | 51.19 | NEUTRAL | The RSI value for PLCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests PLCE has a positive trend. |
| Stochastics (14,3) | 34.17 | NEUTRAL | The Stochastics value for PLCE is a neutral value. |
| Average True Range in percent/ATR (20) | 8.09 | HIGH VOLATILITY | The high ATR as a percentage value for PLCE suggests high volalility. |
| Average Directional Index/ADX (14) | 14.15 | 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)
6.19
+0.34 (+5.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg5.81%
1 Week-0.64%
2 Weeks-3.58%
1 Month19.5%
3 Month-25.73%
6 Month-61.12%
12 Month-49.47%
2 Year-58.82%
3 Year-86.96%
5 Year-85.13%
10 Year-90.54%
15 Year-86.87%
Volatility
ATR(14)0.49
ATR(20)%8.09%
ATR Inc-28.52%
Range Today0.48
ADR(20)0.46
ADR(20)%7.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.61
Mansfield-3.71
10 Day High6.81
10 Day Low5.6
20 Day High6.93
20 Day Low4.81
52 Week High19.74
52 Week Low4.77
CS1 End6.15
CR1 Start6.2
Volume & EV
DER(3)-2.29%
DER(5)-1.28%
Volume278.40K
Volume Incr-34.6%
Vol(5)330.20K
Vol(50)471.57K