ROUNDHILL PLTR WEEKLYPAY ETF (PLTW) Technical Analysis
NYSEARCA:PLTW • US77926X7268
Current stock price
PLTW Technical Rating and Analysis
Taking everything into account, PLTW scores 0 out of 10 in our technical rating. 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 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, PLTW is a bad performer in the overall market: 91% of all stocks are doing better.
- PLTW 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 PLTW has a been trading in the 20.25 - 29.00 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.
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. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
PLTW Support and Resistance Analysis
21.06
When analyzing the resistance we notice 3 important areas.
- Resistance @24.94 from a trend line in the daily time frame.
- A resistance zone ranging from 25.73 to 26.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @29.21 from a horizontal 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 | 9.12 | NEGATIVE | PLTW has a low relative strength, it was outperformed by 90.88% 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) | 31.78 | NEUTRAL | The RSI value for PLTW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.44 | NEGATIVE | The MACD value suggests PLTW has a negative trend. |
| Stochastics (14,3) | 9.45 | OVERSOLD | The low Stochastics value suggests PLTW may be oversold. |
| Average True Range in percent/ATR (20) | 7.12 | HIGH VOLATILITY | The high ATR as a percentage value for PLTW suggests high volalility. |
| Average Directional Index/ADX (14) | 20.44 | NEUTRAL | The ADX value for PLTW suggests a possible start of a new trend. |
PLTW Chart- and CandleStick Pattern Analysis
PLTW Technicals: Chart, Performance Metrics, Trend & Indicators
21.27
-0.64 (-2.92%)
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 31.7845. 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 -0.442838, 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.