CHINA XIANGTAI FOOD CO LTD (PLIN) Stock Technical Analysis
NASDAQ:PLIN - Nasdaq - Common Stock
Taking everything into account, PLIN scores 1 out of 10 in our technical rating. PLIN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, PLIN is a bad performer in the overall market: 75% of all stocks are doing better.
PLIN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PLIN is lagging the market.
PLIN is part of the Food Products industry. There are 89 other stocks in this industry, PLIN did better than 44% of them.
In the last month PLIN has a been trading in the 0.98 - 1.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, PLIN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.07, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PLIN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.74
1.57
When analyzing the support we can see 5 important areas.
- A support zone ranging from 1.07 to 1.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.04 from a horizontal line in the daily time frame.
- Support @0.98 from a horizontal line in the weekly time frame.
- Support @0.84 from a trend line in the weekly time frame.
- Support @0.75 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @1.18 from a trend line in the daily time frame.
- Resistance @1.21 from a horizontal line in the weekly time frame.
- Resistance @1.24 from a horizontal line in the daily time frame.
- Resistance @1.55 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.18
Mansfield-0.79
10 Day High1.26
10 Day Low1.09
20 Day High1.26
20 Day Low0.98
52 Week High3.12
52 Week Low0.74
Performance
1 Week-6.5%
2 Weeks-2.54%
1 Month1.77%
3 Month-16.06%
6 Month-10.85%
12 Month-16.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)45.11
LBB1.03
UBB1.25
NASDAQ:PLIN (2/14/2022, 8:00:00 PM)
1.15
+0.03 (+2.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg2.68%
1 Week-6.5%
2 Weeks-2.54%
1 Month1.77%
3 Month-16.06%
6 Month-10.85%
12 Month-16.67%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%7.11%
ATR Inc-11.16%
Range Today0.1
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.18
Mansfield-0.79
10 Day High1.26
10 Day Low1.09
20 Day High1.26
20 Day Low0.98
52 Week High3.12
52 Week Low0.74
CS1 End1.07
CR1 Start1.18
Volume & EV
DER(3)2.65%
DER(5)3.08%
Volume294.20K
Volume Incr13.38%
Vol(5)271.50K
Vol(50)447.61K