PLAYTIKA HOLDING CORP (PLTK) Stock Technical Analysis
NASDAQ:PLTK - Nasdaq - US72815L1070 - Common Stock - Currency: USD
Taking everything into account, PLTK scores 0 out of 10 in our technical rating. PLTK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
86% of all other stocks performed better in the past year than PLTK.
PLTK is part of the Entertainment industry. There are 72 other stocks in this industry, of which 69% are performing better than PLTK.
PLTK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PLTK is lagging the market.
PLTK has an average volume of 1577980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month PLTK has a been trading in the 4.49 - 5.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, PLTK does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 4.68, a Stop Loss order could be placed below this zone.
More info and screens
4.49
8.87
2 important support areas can be observed.
- A support zone ranging from 4.67 to 4.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.54 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 4.78 to 4.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.30 from a horizontal line in the daily time frame.
- A resistance zone ranging from 5.40 to 5.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.76 from a trend line in the weekly time frame.
- Resistance @8.78 from a horizontal line in the weekly 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 | DOWN | NEGATIVE | The long term trend for PLTK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PLTK is down. |
| ChartMill Relative Strength | 14.58 | NEGATIVE | PLTK has a low relative strength, it was outperformed by 85.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLTK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PLTK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PLTK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.71 | NEUTRAL | The RSI value for PLTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PLTK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.88 | NEUTRAL | The Stochastics value for PLTK is a neutral value. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for PLTK suggests some volalility. |
| Average Directional Index/ADX (14) | 13.17 | NEGATIVE | The low ADX value for PLTK suggests a weak or negative 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)
4.68
-0.12 (-2.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-2.5%
1 Week-4.29%
2 Weeks-1.27%
1 Month-6.77%
3 Month2.18%
6 Month-38.66%
12 Month-43.41%
2 Year-59.66%
3 Year-64.65%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%3.38%
ATR Inc-2.28%
Range Today0.15
ADR(20)0.15
ADR(20)%3.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.58
Mansfield-3.35
10 Day High5
10 Day Low4.64
20 Day High5.03
20 Day Low4.49
52 Week High8.8
52 Week Low3.97
CS1 End4.68
CR1 Start4.78
Volume & EV
DER(3)-6.03%
DER(5)-3.87%
Volume1.17M
Volume Incr-30.52%
Vol(5)1.03M
Vol(50)1.58M