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Market Vectors? Poland ETF (PLND) Stock Technical Analysis

USA - NYSEARCA:PLND -

17
-0.27 (-1.56%)
Last: 4/5/2019, 8:04:06 PM
Technical Rating and Analysis

4

Taking everything into account, PLND scores 4 out of 10 in our technical rating. In the last year, PLND was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

When comparing the yearly performance of all stocks, PLND is a bad performer in the overall market: 68% of all stocks are doing better.
Warning: PLND has an average volume of 4142 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
PLND is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PLND is lagging the market.
In the last month PLND has a been trading in a tight range between 16.58 and 17.49.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
Market Vectors? Poland ETF / PLND Weekly stock chart
Market Vectors? Poland ETF / PLND Daily stock chart
Setup Rating and Analysis

3

PLND 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.

Support and Resistance Analysis

15.42

17.85

2 important support areas can be observed.

  • A support zone ranging from 16.76 to 16.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @15.58 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 17.41 to 17.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for PLND is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for PLND is up.
ChartMill Relative Strength32.13NEUTRALPLND is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of PLND is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of PLND is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of PLND is above the rising SMA(200).
Relative Strength Index/RSI (14)50.73NEUTRALThe RSI value for PLND is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.03POSITIVEThe MACD value suggests PLND has a positive trend, although the MACD value is declining.
Stochastics (14,3)67.11NEUTRALThe Stochastics value for PLND is a neutral value.
Average True Range in percent/ATR (20)1.01LOW VOLATILITYThe low ATR as a percentage value for PLND suggests low volalility.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Market Vectors? Poland ETF / PLND Daily stock chart

Market Vectors? Poland ETF

NYSEARCA:PLND (4/5/2019, 8:04:06 PM)

17

-0.27 (-1.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.56%
1 Week1.9%
2 Weeks0.9%
1 Month2.69%
3 Month3.56%
6 Month1.86%
12 Month-6.7%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%1.01%
ATR Inc7.49%
Range Today0.12
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.13
Mansfield-0.42
10 Day High17.39
10 Day Low16.63
20 Day High17.49
20 Day Low16.58
52 Week High19.17
52 Week Low15.17
CS1 End16.97
CR1 Start17.41
Volume & EV
DER(3)0.72%
DER(5)0.43%
Volume7.70K
Volume Incr100.33%
Vol(5)6.08K
Vol(50)4.14K