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POLIGHT ASA (PLT.OL) Stock Technical Analysis

Europe - Euronext Oslo - OSL:PLT - NO0012535832 - Common Stock

6.97 NOK
+0.33 (+4.97%)
Last: 12/2/2025, 4:19:47 PM
Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to PLT. In the last year, PLT was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month PLT has a been trading in the 6.50 - 8.68 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
PLT is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 72% of 52 stocks in the same industry.
PLT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PLT is lagging the market slightly.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, PLT did better than 87% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Weekly and Daily overview Charts
POLIGHT ASA / PLT Weekly stock chart
POLIGHT ASA / PLT Daily stock chart
Setup Rating and Analysis

2

PLT 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

4.92

7.89

We found 4 important support areas.

  • Support @6.63 from a horizontal line in the daily time frame.
  • Support @5.45 from a trend line in the weekly time frame.
  • Support @5.28 from a trend line in the daily time frame.
  • Support @4.97 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 7.67 to 7.81. This zone is formed by a combination of multiple trend lines and important moving averages 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 IndicatorUPPOSITIVEThe long term trend for PLT.OL is up.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for PLT.OL is down.
ChartMill Relative Strength87.25POSITIVEPLT.OL has a high relative strength, it outperformed 87.25% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of PLT.OL is below a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of PLT.OL is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of PLT.OL is above the rising SMA(200).
Relative Strength Index/RSI (14)44.77NEUTRALThe RSI value for PLT.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.24NEGATIVEThe MACD value suggests PLT.OL has a negative trend.
Stochastics (14,3)14.83OVERSOLDThe low Stochastics value suggests PLT.OL may be oversold.
Average True Range in percent/ATR (20)6.22HIGH VOLATILITYThe high ATR as a percentage value for PLT.OL suggests high volalility.
Average Directional Index/ADX (14)36.82POSITIVEThe high ADX value value for PLT.OL suggests a strong trend.
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)
POLIGHT ASA / PLT Daily stock chart

POLIGHT ASA

OSL:PLT (12/2/2025, 4:19:47 PM)

6.97

+0.33 (+4.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg4.97%
1 Week-16.02%
2 Weeks-14.16%
1 Month-1.69%
3 Month30.28%
6 Month53.86%
12 Month34.3%
2 Year-67.51%
3 Year-62.32%
5 Year-91.72%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%6.22%
ATR Inc-39.47%
Range Today0.19
ADR(20)0.33
ADR(20)%4.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.25
3 months CRS93.43
6 months CRS94.29
Mansfield3.94
10 Day High8.42
10 Day Low6.5
20 Day High8.68
20 Day Low6.5
52 Week High8.68
52 Week Low2.19
CS1 End6.63
CR1 Start7.67
Volume & EV
DER(3)3.46%
DER(5)1.78%
Volume77.83K
Volume Incr262.97%
Vol(5)3.17M
Vol(50)973.88K

POLIGHT ASA / PLT.OL FAQ

Can you provide the ChartMill technical rating for POLIGHT ASA?

ChartMill assigns a technical rating of 6 / 10 to PLT.OL.


What is the current trend direction of POLIGHT ASA (PLT.OL) stock?

The current trend direction for POLIGHT ASA (PLT.OL) is Bullish.


Can you provide the RSI signal for POLIGHT ASA?

POLIGHT ASA (PLT.OL) has an RSI value of 44.7697. This indicates that the stock is currently neutral.


Can you provide the MACD signal for POLIGHT ASA?

The MACD indicator for POLIGHT ASA (PLT.OL) has a value of -0.236726, indicating a bearish trend.


What is the buy/sell signal for PLT stock?

The buy/sell signal for POLIGHT ASA (PLT.OL) is hold as the short term and long term trends are mixed.