PLUTONIAN ACQUISITION CORP (PLTN) Stock Technical Analysis
NASDAQ:PLTN - Nasdaq - US72942P1049 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to PLTN. PLTN'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 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, PLTN is a bad performer in the overall market: 100% of all stocks are doing better.
PLTN is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month PLTN has a been trading in the 2.32 - 10.75 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.
The technical rating of PLTN 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.
More info and screens
2.41
2.45
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 PLTN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PLTN is down. |
| ChartMill Relative Strength | 0.77 | NEGATIVE | PLTN has a low relative strength, it was outperformed by 99.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLTN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PLTN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PLTN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.53 | OVERSOLD | The low RSI value suggests PLTN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests PLTN has a negative trend. |
| Stochastics (14,3) | 19.89 | OVERSOLD | The low Stochastics value suggests PLTN may be oversold. |
| Average True Range in percent/ATR (20) | 83.23 | HIGH VOLATILITY | The high ATR as a percentage value for PLTN suggests high volalility. |
| Average Directional Index/ADX (14) | 37.13 | POSITIVE | The high ADX value value for PLTN suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2.43
-3.37 (-58.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-58.1%
1 Week-59.7%
2 Weeks-69.24%
1 Month-66.71%
3 Month-77.34%
6 Month-77.05%
12 Month-76.43%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.25
ATR(20)%83.23%
ATR Inc19.32%
Range Today4
ADR(20)2
ADR(20)%82.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.77
Mansfield-7.88
10 Day High10.75
10 Day Low2.32
20 Day High10.75
20 Day Low2.32
52 Week High13.47
52 Week Low2.32
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-4.56%
DER(5)-0.18%
Volume961.30K
Volume Incr30.31%
Vol(5)239.40K
Vol(50)123.82K