ROUNDHILL PLTR WEEKLYPAY ETF (PLTW) Technical Analysis
NYSEARCA:PLTW • US77926X7268
Current stock price
PLTW Technical Rating and Analysis
Overall PLTW gets a technical rating of 0 out of 10. PLTW'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.
- 82% of all other stocks performed better in the past year than PLTW.
- PLTW is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PLTW is lagging the market.
- In the last month PLTW has a been trading in the 23.39 - 30.00 range, which is quite wide. It is currently trading near the lows of this range.
PLTW Weekly and Daily overview Charts
PLTW Setup Rating and Analysis
The technical rating of PLTW 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
PLTW Support and Resistance Analysis
22.95
When analyzing the support we notice one important area.
- A support zone ranging from 23.18 to 23.18. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 26.90 to 27.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 28.93 to 29.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @34.66 from a trend line in the weekly time frame.
- Resistance @39.14 from a trend line in the daily time frame.
PLTW 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 | DOWN | NEGATIVE | The long term trend for PLTW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PLTW is down. |
| ChartMill Relative Strength | 18.8 | NEGATIVE | PLTW has a low relative strength, it was outperformed by 81.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLTW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PLTW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PLTW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.8 | NEUTRAL | The RSI value for PLTW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests PLTW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.85 | NEUTRAL | The Stochastics value for PLTW is a neutral value. |
| Average True Range in percent/ATR (20) | 5.39 | HIGH VOLATILITY | The high ATR as a percentage value for PLTW suggests high volalility. |
| Average Directional Index/ADX (14) | 18.28 | NEGATIVE | The low ADX value for PLTW suggests a weak or negative trend. |
PLTW Chart- and CandleStick Pattern Analysis
PLTW Technicals: Chart, Performance Metrics, Trend & Indicators
25.8
+0.42 (+1.65%)
ROUNDHILL PLTR WEEKLYPAY ETF / PLTW TA FAQ
Can you provide the ChartMill technical rating for ROUNDHILL PLTR WEEKLYPAY ETF?
ChartMill assigns a technical rating of 0 / 10 to PLTW.
What is the current trend direction of ROUNDHILL PLTR WEEKLYPAY ETF (PLTW) stock?
The current trend direction for ROUNDHILL PLTR WEEKLYPAY ETF (PLTW) is Bearish.
What is the RSI signal for ROUNDHILL PLTR WEEKLYPAY ETF (PLTW) stock?
ROUNDHILL PLTR WEEKLYPAY ETF (PLTW) has an RSI value of 45.7958. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ROUNDHILL PLTR WEEKLYPAY ETF?
The MACD indicator for ROUNDHILL PLTR WEEKLYPAY ETF (PLTW) has a value of -0.167866, indicating a bearish trend.
What is the short term momentum for PLTW stock?
The short term momentum for ROUNDHILL PLTR WEEKLYPAY ETF (PLTW) is negative.