We assign a technical rating of 0 out of 10 to PLTW. PLTW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
34.20
We found 2 important support areas.
When analyzing the resistance we notice 5 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 | NEUTRAL | NEUTRAL | The long term trend for PLTW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PLTW is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | PLTW has a low relative strength, it was outperformed by 100% 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) | UP | MIXED | The current price of PLTW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.25 | NEUTRAL | The RSI value for PLTW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests PLTW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.94 | NEUTRAL | The Stochastics value for PLTW is a neutral value. |
| Average True Range in percent/ATR (20) | 5.23 | HIGH VOLATILITY | The high ATR as a percentage value for PLTW suggests high volalility. |
| Average Directional Index/ADX (14) | 22.63 | NEUTRAL | The ADX value for PLTW suggests a possible start of a new trend. |
36.71
-0.1 (-0.27%)
ChartMill assigns a technical rating of 0 / 10 to PLTW.
The current trend direction for ROUNDHILL PLTR WEEKLYPAY ETF (PLTW) is Bearish.
ROUNDHILL PLTR WEEKLYPAY ETF (PLTW) has an RSI value of 41.2454. This indicates that the stock is currently neutral.
The short term momentum for ROUNDHILL PLTR WEEKLYPAY ETF (PLTW) is negative.