POLIGHT ASA (PLT.OL) Stock Technical Analysis
OSL:PLT - Euronext Oslo - NO0012535832 - Common Stock - Currency: NOK
Overall PLT gets a technical rating of 4 out of 10. PLT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month PLT has a been trading in the 3.35 - 4.79 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, PLT outperforms 47% of them, which is more or less in line with the market.
PLT is part of the Electronic Equipment, Instruments & Components industry. There are 50 other stocks in this industry, PLT did better than 61% of them.
PLT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PLT is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
PLT has an average technical rating and also the quality of the setup is 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.
More info and screens
2.68
4.60
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.39 to 3.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.71 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @4.46 from a trend line in the daily time frame.
- Resistance @4.55 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for PLT.OL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLT.OL is neutral. |
| ChartMill Relative Strength | 47.82 | NEUTRAL | PLT.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLT.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PLT.OL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PLT.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.58 | NEUTRAL | The RSI value for PLT.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests PLT.OL has a negative trend. |
| Stochastics (14,3) | 26.99 | NEUTRAL | The Stochastics value for PLT.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 8.67 | HIGH VOLATILITY | The high ATR as a percentage value for PLT.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 22.03 | NEUTRAL | The ADX value for PLT.OL suggests a possible start of a new trend. |
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)
OSL:PLT (6/19/2025, 10:16:29 AM)
3.533
-0.16 (-4.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-4.25%
1 Week-14.14%
2 Weeks-2.67%
1 Month-14.35%
3 Month10.75%
6 Month-30.45%
12 Month-7.03%
2 Year-69.06%
3 Year-84.97%
5 Year-93.87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%8.67%
ATR Inc-7.53%
Range Today0.02
ADR(20)0.28
ADR(20)%7.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.82
Mansfield-1.29
10 Day High4.79
10 Day Low3.53
20 Day High4.79
20 Day Low3.36
52 Week High5.81
52 Week Low2.19
CS1 End3.43
CR1 Start4.46
Volume & EV
DER(3)0%
DER(5)0%
Volume6.51K
Volume Incr-64.8%
Vol(5)205.18K
Vol(50)597.24K