PLUTUS FINANCIAL GROUP LTD (PLUT) Stock Technical Analysis
USA - NASDAQ:PLUT - KYG7144S1030 - Common Stock
3.3816 USD
-0.06 (-1.7%)
3.2 USD
-0.18 (-5.37%)
Overall PLUT gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, PLUT is a bad performer.
When comparing the yearly performance of all stocks, PLUT is a bad performer in the overall market: 100% of all stocks are doing better.
PLUT is one of the lesser performing stocks in the Capital Markets industry. 88% of 236 stocks in the same industry do better.
The long and short term trends are both positive. This is looking good!
In the last month PLUT has a been trading in the 2.51 - 3.60 range, which is quite wide. It is currently trading near the high of this range.
PLUT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.19
3.58
We found 3 important support areas.
- A support zone ranging from 2.94 to 2.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.70 from a horizontal line in the daily time frame.
- Support @2.21 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @3.39 from a horizontal line in the weekly time frame.
- Resistance @3.54 from a horizontal line in the daily time frame.
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 PLUT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PLUT is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | PLUT 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 PLUT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PLUT is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 61.71 | NEUTRAL | The RSI value for PLUT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests PLUT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.39 | OVERBOUGHT | The high Stochastics value suggests PLUT may be overbought. |
| Average True Range in percent/ATR (20) | 9.06 | HIGH VOLATILITY | The high ATR as a percentage value for PLUT suggests high volalility. |
| Average Directional Index/ADX (14) | 14.81 | NEGATIVE | The low ADX value for PLUT 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.40 | 2.93 | 0.47 (13.82%) | 7.23% |
| An entry @3.40. This is a Buy Stop order right above the resistance zone. | An exit @2.93. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.47 points, which is 13.82%. | For a 1.00% total portfolio risk, you can invest 7.23% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PLUT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
3.3816
-0.06 (-1.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-1.7%
1 Week5.18%
2 Weeks18.65%
1 Month25.24%
3 Month50.29%
6 Month12.72%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%9.06%
ATR Inc-22.13%
Range Today0.26
ADR(20)0.31
ADR(20)%9.06%
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 High3.6
10 Day Low2.73
20 Day High3.6
20 Day Low2.51
52 Week HighN/A
52 Week LowN/A
CS1 End2.97
CR1 Start3.39
Volume & EV
DER(3)-7.41%
DER(5)-8.82%
Volume8.60K
Volume Incr-16.27%
Vol(5)24.62K
Vol(50)36.30K