PLANETEL SPA (PLN.MI) Stock Technical Analysis
BIT:PLN • IT0005430951
Taking everything into account, PLN scores 3 out of 10 in our technical rating. PLN performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 100% of all other stocks performed better in the past year than PLN.
- PLN is part of the Diversified Telecommunication Services industry. There are 33 other stocks in this industry, of which 87% are performing better than PLN.
- Warning: PLN has an average volume of 3465 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- In the last month PLN has a been trading in the 3.70 - 4.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of PLN is bad and it also does not present a 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
3.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 4.01 to 4.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.87 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 4.45 to 4.47. This zone is formed by a combination of multiple trend lines 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 PLN.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLN.MI is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | PLN.MI 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 PLN.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PLN.MI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 49.54 | NEUTRAL | The RSI value for PLN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PLN.MI has a positive trend. |
| Stochastics (14,3) | 28.98 | NEUTRAL | The Stochastics value for PLN.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 4.55 | MEDIUM VOLATILITY | The ATR as a percentage value for PLN.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 27.34 | POSITIVE | The high ADX value value for PLN.MI suggests a strong trend. |
BIT:PLN (12/30/2025, 7:00:00 PM)
4.18
+0.24 (+6.09%)
PLANETEL SPA / PLN.MI FAQ
What is the ChartMill technical rating of PLANETEL SPA (PLN.MI) stock?
ChartMill assigns a technical rating of 3 / 10 to PLN.MI.
Can you provide the trend direction for PLANETEL SPA?
The current trend direction for PLANETEL SPA (PLN.MI) is Bullish.
What is the RSI signal for PLANETEL SPA (PLN.MI) stock?
PLANETEL SPA (PLN.MI) has an RSI value of 49.5404. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PLANETEL SPA?
The MACD indicator for PLANETEL SPA (PLN.MI) has a value of 0.011229, indicating a bearish trend.