ROUNDHILL PLTR WEEKLYPAY ETF (PLTW) Stock Technical Analysis
USA - NYSEARCA:PLTW - US77926X7268 - ETF
47.5 USD
-0.56 (-1.18%)
47.5 USD
0 (0%)
Taking everything into account, PLTW scores 5 out of 10 in our technical rating. PLTW was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
100% of all other stocks performed better in the past year than PLTW.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
In the last month PLTW has a been trading in the 40.14 - 50.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, PLTW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 45.12, a Stop Loss order could be placed below this zone.
More info and screens
41.61
50.67
When analyzing the support we can see 3 important areas.
- A support zone ranging from 44.62 to 45.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.04 from a trend line in the daily time frame.
- A support zone ranging from 42.03 to 42.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 47.72 to 48.59. 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 50.17 to 50.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for PLTW is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLTW is neutral. |
| 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) | UP | POSITIVE | The current price of PLTW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PLTW is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 51.88 | NEUTRAL | The RSI value for PLTW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests PLTW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.41 | NEUTRAL | The Stochastics value for PLTW is a neutral value. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for PLTW suggests some volalility. |
| Average Directional Index/ADX (14) | 15.67 | NEGATIVE | The low ADX value for PLTW suggests a weak or negative 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)
47.5
-0.56 (-1.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.18%
1 Week-2.78%
2 Weeks1.95%
1 Month8.6%
3 Month12.83%
6 Month89.24%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.2
ATR(20)%4.69%
ATR Inc-31.15%
Range Today1.22
ADR(20)2.1
ADR(20)%4.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High50.87
10 Day Low43.3
20 Day High50.87
20 Day Low40.14
52 Week HighN/A
52 Week LowN/A
CS1 End45.12
CR1 Start47.72
Volume & EV
DER(3)-0.08%
DER(5)-0.3%
Volume234.09K
Volume Incr15.23%
Vol(5)237.73K
Vol(50)246.68K