PLAYTIKA HOLDING CORP (PLTK) Stock Technical Analysis
NASDAQ:PLTK • US72815L1070
Overall PLTK gets a technical rating of 0 out of 10. 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.
- 90% of all other stocks performed better in the past year than PLTK.
- PLTK is one of the lesser performing stocks in the Entertainment industry. 68% of 80 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month PLTK has a been trading in the 2.99 - 3.76 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.
- PLTK has an average volume of 1470370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PLTK has a poor technical rating and the quality of the setup is also 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
3.06
We can see 3 important resistance areas.
- A resistance zone ranging from 3.48 to 3.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 3.54 to 3.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.07 from a trend 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 | 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 | 10.11 | NEGATIVE | PLTK has a low relative strength, it was outperformed by 89.89% 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) | 38.17 | NEUTRAL | The RSI value for PLTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PLTK has a negative trend. |
| Stochastics (14,3) | 29 | NEUTRAL | The Stochastics value for PLTK is a neutral value. |
| Average True Range in percent/ATR (20) | 6.28 | HIGH VOLATILITY | The high ATR as a percentage value for PLTK suggests high volalility. |
| Average Directional Index/ADX (14) | 19.67 | NEGATIVE | The low ADX value for PLTK suggests a weak or negative trend. |
3.09
-0.31 (-9.12%)
PLAYTIKA HOLDING CORP / PLTK 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 38.1672. 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 -0.015934, 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.