NYSEARCA:PLM - NYSE Arca - CA7319164090 - Common Stock - Currency: USD
Overall PLM gets a technical rating of 6 out of 10. Although PLM is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, PLM does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.10, a Stop Loss order could be placed below this zone.
2.03
We found 1 important support area.
We found 1 important resistance area.
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 PLM is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PLM is up. |
ChartMill Relative Strength | 25.13 | NEGATIVE | PLM has a low relative strength, it was outperformed by 74.87% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PLM is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PLM is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of PLM is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 53.93 | NEUTRAL | The RSI value for PLM is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PLM has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for PLM is a neutral value. |
Average True Range in percent/ATR (20) | 0.48 | LOW VOLATILITY | The low ATR as a percentage value for PLM suggests low volalility. |
Average Directional Index/ADX (14) | 38.32 | POSITIVE | The high ADX value value for PLM suggests a strong trend. |
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 |
---|---|---|---|
2.12 | 2.08 | 0.04 (1.89%) | 25.00% |
An entry @2.12. This is a Buy Stop order right above the 10 day high. | An exit @2.08. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 1.89%. | For a 0.47% total portfolio risk, you can invest 25.00% of your capital in this trade. |
2.1
-0.01 (-0.47%)