BIT:PLN - IT0005430951 - Common Stock
Taking everything into account, PLN scores 2 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.
PLN has a poor technical rating and the quality of the setup is also only medium 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.
4.10
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 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) | DOWN | NEGATIVE | The current price of PLN.MI is below a declining SMA(20). |
Relative Strength Index/RSI (14) | 45.96 | NEUTRAL | The RSI value for PLN.MI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PLN.MI has a positive trend. |
Stochastics (14,3) | 64.96 | NEUTRAL | The Stochastics value for PLN.MI is a neutral value. |
Average True Range in percent/ATR (20) | 5.56 | HIGH VOLATILITY | The high ATR as a percentage value for PLN.MI suggests high volalility. |
Average Directional Index/ADX (14) | 32.24 | POSITIVE | The high ADX value value for PLN.MI suggests a strong trend. |
BIT:PLN (9/4/2025, 7:00:00 PM)
4.14
+0.1 (+2.48%)