PLUM ACQUISITION CORP IV (PLMK) Stock Technical Analysis
NASDAQ:PLMK - Nasdaq - KYG7134A1040 - Common Stock - Currency: USD
Overall PLMK gets a technical rating of 5 out of 10. PLMK has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
PLMK has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
9.89
When analyzing the support we notice one important area.
- A support zone ranging from 9.99 to 10.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.30 to 10.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 PLMK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PLMK is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | PLMK has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PLMK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PLMK is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 56.58 | NEUTRAL | The RSI value for PLMK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PLMK has a negative trend. |
| Stochastics (14,3) | 34.66 | NEUTRAL | The Stochastics value for PLMK is a neutral value. |
| Average True Range in percent/ATR (20) | 0.12 | LOW VOLATILITY | The low ATR as a percentage value for PLMK suggests low volalility. |
| Average Directional Index/ADX (14) | 42.63 | POSITIVE | The high ADX value value for PLMK suggests a strong trend. |
NASDAQ:PLMK (8/5/2025, 8:00:00 PM)
10.29
+0.01 (+0.1%)