We assign a technical rating of 0 out of 10 to PLTK. 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.
The technical rating of PLTK is bad and it also does not present a 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.
3.33
We found 1 important support area.
When analyzing the resistance we notice 2 important areas.
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 | 13.64 | NEGATIVE | PLTK has a low relative strength, it was outperformed by 86.36% 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) | 36.42 | NEUTRAL | The RSI value for PLTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests PLTK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.77 | OVERSOLD | The low Stochastics value suggests PLTK may be oversold. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for PLTK suggests some volalility. |
| Average Directional Index/ADX (14) | 19.97 | NEGATIVE | The low ADX value for PLTK suggests a weak or negative trend. |
3.67
+0.05 (+1.38%)
ChartMill assigns a technical rating of 0 / 10 to PLTK.
The current trend direction for PLAYTIKA HOLDING CORP (PLTK) is Bearish.
PLAYTIKA HOLDING CORP (PLTK) has an RSI value of 36.4248. This indicates that the stock is currently neutral.
The MACD indicator for PLAYTIKA HOLDING CORP (PLTK) has a value of -0.0479962, indicating a bearish trend.
The buy/sell signal for PLAYTIKA HOLDING CORP (PLTK) is sell as both the short term and long term trends are negative.