PLAYTIKA HOLDING CORP (PLTK) Technical Analysis
NASDAQ:PLTK • US72815L1070
Current stock price
PLTK Technical Rating and Analysis
Taking everything into account, PLTK scores 0 out of 10 in our technical rating. PLTK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, PLTK is a bad performer in the overall market: 91% of all stocks are doing better.
- PLTK is one of the lesser performing stocks in the Entertainment industry. 70% of 79 stocks in the same industry do better.
- PLTK is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PLTK is lagging the market.
- PLTK is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- PLTK has an average volume of 1970050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PLTK Weekly and Daily overview Charts
PLTK Setup Rating and Analysis
PLTK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.90. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for PLTK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
PLTK Support and Resistance Analysis
2.70
We found 1 important support area.
- A support zone ranging from 2.73 to 2.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.90 to 2.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.24 to 3.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.97 from a trend line in the daily time frame.
PLTK 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.
| 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 | 9.1 | NEGATIVE | PLTK has a low relative strength, it was outperformed by 90.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PLTK is above 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) | 44.41 | NEUTRAL | The RSI value for PLTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests PLTK has a positive trend. |
| Stochastics (14,3) | 76.38 | NEUTRAL | The Stochastics value for PLTK is a neutral value. |
| Average True Range in percent/ATR (20) | 5.9 | HIGH VOLATILITY | The high ATR as a percentage value for PLTK suggests high volalility. |
| Average Directional Index/ADX (14) | 13.23 | NEGATIVE | The low ADX value for PLTK suggests a weak or negative trend. |
PLTK Chart- and CandleStick Pattern Analysis
PLTK Technicals: Chart, Performance Metrics, Trend & Indicators
2.89
+0.02 (+0.7%)
PLAYTIKA HOLDING CORP / PLTK TA FAQ
What is the technical rating for PLTK stock?
ChartMill assigns a technical rating of 0 / 10 to PLTK.
What is the trend direction for PLTK stock?
The current trend direction for PLAYTIKA HOLDING CORP (PLTK) is Bearish.
Can you provide the RSI signal for PLAYTIKA HOLDING CORP?
PLAYTIKA HOLDING CORP (PLTK) has an RSI value of 44.4085. This indicates that the stock is currently neutral.
What is the MACD signal for PLTK stock?
The MACD indicator for PLAYTIKA HOLDING CORP (PLTK) has a value of 0.0323303, indicating a bearish trend.
What is the buy/sell signal for PLAYTIKA HOLDING CORP (PLTK) stock?
The buy/sell signal for PLAYTIKA HOLDING CORP (PLTK) is sell as both the short term and long term trends are negative.