PLAYTIKA HOLDING CORP (PLTK) Stock Technical Analysis
NASDAQ:PLTK • US72815L1070
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 89% 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.
- PLTK has an average volume of 1289730 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 3.25 - 3.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although the technical rating is bad, PLTK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 3.61. Right above this resistance zone may be a good entry point.
More info and screens
3.34
We found 1 important support area.
- Support @3.37 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.61 to 3.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.75 to 3.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.10 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 | 11.12 | NEGATIVE | PLTK has a low relative strength, it was outperformed by 88.88% 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) | 45.1 | 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. |
| Stochastics (14,3) | 40.05 | NEUTRAL | The Stochastics value for PLTK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for PLTK suggests some volalility. |
| Average Directional Index/ADX (14) | 17.33 | NEGATIVE | The low ADX value for PLTK suggests a weak or negative trend. |
3.47
+0.01 (+0.29%)
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 45.0984. 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 0.00810088, 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.