DEFIANCE DAILY TARGET 2X ETF (PLTZ) Technical Analysis
NASDAQ:PLTZ • US88636W2540
Current stock price
PLTZ Technical Rating and Analysis
Taking everything into account, PLTZ scores 1 out of 10 in our technical rating. PLTZ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, PLTZ is a bad performer in the overall market: 100% of all stocks are doing better.
- In the last month PLTZ has a been trading in the 24.50 - 39.91 range, which is quite wide. It is currently trading near the lows of this range.
- PLTZ has an average volume of 1666680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- Considerably lower volume is observed in the last couple of days.
PLTZ Weekly and Daily overview Charts
PLTZ Setup Rating and Analysis
The technical rating of PLTZ 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
PLTZ Support and Resistance Analysis
24.70
We found 3 important support areas.
- Support @27.86 from a horizontal line in the weekly time frame.
- Support @26.32 from a trend line in the daily time frame.
- Support @24.95 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @36.10 from a trend line in the daily time frame.
- Resistance @40.55 from a trend line in the daily time frame.
- Resistance @41.80 from a horizontal line in the daily time frame.
PLTZ 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 | NEUTRAL | NEUTRAL | The long term trend for PLTZ is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PLTZ is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | PLTZ has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PLTZ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PLTZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PLTZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.54 | NEUTRAL | The RSI value for PLTZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests PLTZ has a negative trend. |
| Stochastics (14,3) | 17.54 | OVERSOLD | The low Stochastics value suggests PLTZ may be oversold. |
| Average True Range in percent/ATR (20) | 10.85 | HIGH VOLATILITY | The high ATR as a percentage value for PLTZ suggests high volalility. |
| Average Directional Index/ADX (14) | 13.73 | NEGATIVE | The low ADX value for PLTZ suggests a weak or negative trend. |
PLTZ Chart- and CandleStick Pattern Analysis
PLTZ Technicals: Chart, Performance Metrics, Trend & Indicators
28.04
-0.02 (-0.07%)
DEFIANCE DAILY TARGET 2X ETF / PLTZ TA FAQ
What is the ChartMill technical rating of DEFIANCE DAILY TARGET 2X ETF (PLTZ) stock?
ChartMill assigns a technical rating of 1 / 10 to PLTZ.
What is the current trend direction of DEFIANCE DAILY TARGET 2X ETF (PLTZ) stock?
The current trend direction for DEFIANCE DAILY TARGET 2X ETF (PLTZ) is Bearish.
Can you provide the RSI signal for DEFIANCE DAILY TARGET 2X ETF?
DEFIANCE DAILY TARGET 2X ETF (PLTZ) has an RSI value of 44.5366. This indicates that the stock is currently neutral.
What is the MACD signal for PLTZ stock?
The MACD indicator for DEFIANCE DAILY TARGET 2X ETF (PLTZ) has a value of -0.344392, indicating a bearish trend.