We assign a technical rating of 6 out of 10 to PLMK. Although PLMK 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, PLMK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.53, a Stop Loss order could be placed below this zone.
10.15
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important 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 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) | 60.4 | NEUTRAL | The RSI value for PLMK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PLMK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.81 | NEUTRAL | The Stochastics value for PLMK is a neutral value. |
| Average True Range in percent/ATR (20) | 0.39 | LOW VOLATILITY | The low ATR as a percentage value for PLMK suggests low volalility. |
| Average Directional Index/ADX (14) | 43.13 | POSITIVE | The high ADX value value for PLMK 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 |
|---|---|---|---|
| 10.60 | 10.49 | 0.11 (1.04%) | 25.00% |
| An entry @10.60. This is a Buy Stop order right above the resistance zone. | An exit @10.49. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.11 points, which is 1.04%. | For a 0.26% total portfolio risk, you can invest 25.00% of your capital in this trade. |
NASDAQ:PLMK (2/6/2026, 8:00:45 PM)
10.545
+0.04 (+0.33%)
ChartMill assigns a technical rating of 6 / 10 to PLMK.
The current trend direction for PLUM ACQUISITION CORP IV (PLMK) is Bullish.
PLUM ACQUISITION CORP IV (PLMK) has an RSI value of 60.4015. This indicates that the stock is currently neutral.
The MACD indicator for PLUM ACQUISITION CORP IV (PLMK) has a value of -0.00122003, indicating a bearish trend.
The buy/sell signal for PLUM ACQUISITION CORP IV (PLMK) is buy as both the short term and long term trends are positive.