PLAYTIKA HOLDING CORP (PLTK) Technical Analysis
NASDAQ:PLTK • US72815L1070
Current stock price
PLTK Technical Rating and Analysis
Taking everything into account, PLTK scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. PLTK was also a bad performer in the overall market in the last year.
- 86% of all other stocks performed better in the past year than PLTK.
- PLTK is one of the lesser performing stocks in the Entertainment industry. 64% of 79 stocks in the same industry do better.
- PLTK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- PLTK has an average volume of 1874810 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 2.64 - 3.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
PLTK Weekly and Daily overview Charts
PLTK Setup Rating and Analysis
PLTK has an average technical rating and the quality of the presented setup is also not ideal 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.
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PLTK Support and Resistance Analysis
2.71
We found 2 important support areas.
- A support zone ranging from 3.21 to 3.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.74 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.62 to 3.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.74 from a horizontal line in the daily time frame.
- Resistance @3.91 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 | NEUTRAL | NEUTRAL | The long term trend for PLTK is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PLTK is up. |
| ChartMill Relative Strength | 14.33 | NEGATIVE | PLTK has a low relative strength, it was outperformed by 85.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PLTK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of PLTK is above 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) | 56.21 | NEUTRAL | The RSI value for PLTK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests PLTK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.87 | NEUTRAL | The Stochastics value for PLTK is a neutral value. |
| Average True Range in percent/ATR (20) | 4.74 | MEDIUM VOLATILITY | The ATR as a percentage value for PLTK suggests some volalility. |
| Average Directional Index/ADX (14) | 27.02 | POSITIVE | The high ADX value value for PLTK suggests a strong trend. |
PLTK Chart- and CandleStick Pattern Analysis
PLTK Technicals: Chart, Performance Metrics, Trend & Indicators
3.4
+0.13 (+3.98%)
PLAYTIKA HOLDING CORP / PLTK TA FAQ
What is the technical rating for PLTK stock?
ChartMill assigns a technical rating of 4 / 10 to PLTK.
What is the trend direction for PLTK stock?
The current trend direction for PLAYTIKA HOLDING CORP (PLTK) is Bearish.
What is the RSI signal for PLTK stock?
PLAYTIKA HOLDING CORP (PLTK) has an RSI value of 56.2095. This indicates that the stock is currently neutral.
What is the short term momentum for PLAYTIKA HOLDING CORP (PLTK) stock?
The short term momentum for PLAYTIKA HOLDING CORP (PLTK) is positive.
What are the support and resistance levels for PLAYTIKA HOLDING CORP (PLTK) stock?
PLAYTIKA HOLDING CORP (PLTK) has a support level at 3.26 and a resistance level at 3.62. Check the full technical report for our detailed analysis of PLTK support and resistance levels.