POLIGHT ASA (PLT.OL) Stock Technical Analysis
OSL:PLT - Euronext Oslo - NO0012535832 - Common Stock - Currency: NOK
We assign a technical rating of 5 out of 10 to PLT. Although PLT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month PLT has a been trading in the 3.42 - 4.36 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.
PLT is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 86% of 51 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, PLT did better than 93% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
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.
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.
More info and screens
2.66
4.29
We found 2 important support areas.
- A support zone ranging from 3.50 to 3.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.69 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.68 to 3.71. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 4.03 to 4.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.21 to 4.25. 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 | 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 | 93.17 | POSITIVE | PLT.OL has a high relative strength, it outperformed 93.17% off all stocks 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 | POSITIVE | The current price of PLT.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of PLT.OL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.32 | NEUTRAL | The RSI value for PLT.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests PLT.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.3 | NEUTRAL | The Stochastics value for PLT.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.92 | HIGH VOLATILITY | The high ATR as a percentage value for PLT.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 21.41 | 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 (5/28/2025, 7:00:00 PM)
3.62
+0.12 (+3.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg3.43%
1 Week-8.03%
2 Weeks-8.03%
1 Month-3.52%
3 Month32.01%
6 Month-9.66%
12 Month40.22%
2 Year-64.69%
3 Year-96.93%
5 Year-93.5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%5.92%
ATR Inc5.06%
Range Today0.32
ADR(20)0.22
ADR(20)%5.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.17
Mansfield-0.4
10 Day High4.26
10 Day Low3.42
20 Day High4.36
20 Day Low3.42
52 Week High5.81
52 Week Low2.19
CS1 End3.71
CR1 Start4.03
Volume & EV
DER(3)11.28%
DER(5)6.84%
Volume453.83K
Volume Incr10.62%
Vol(5)422.40K
Vol(50)488.52K