PODCASTONE INC (PODC) Technical Analysis
NASDAQ:PODC • US22275C1053
Current stock price
PODC Technical Rating and Analysis
Taking everything into account, PODC scores 6 out of 10 in our technical rating. PODC was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- When comparing the yearly performance of all stocks, we notice that PODC is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by PODC over the past year are nicely spread over this period.
- PODC is one of the better performing stocks in the Entertainment industry, it outperforms 88% of 80 stocks in the same industry.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- PODC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PODC is lagging the market slightly.
- In the last month PODC has a been trading in the 2.10 - 2.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PODC Weekly and Daily overview Charts
PODC Setup Rating and Analysis
Although the technical rating is only medium, PODC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.28, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PODC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
PODC Support and Resistance Analysis
1.51
We found 3 important support areas.
- A support zone ranging from 2.26 to 2.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.21 from a horizontal line in the daily time frame.
- Support @1.53 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.43 to 2.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.52 from a horizontal line in the daily time frame.
PODC 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 PODC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PODC is neutral. |
| ChartMill Relative Strength | 86.55 | POSITIVE | PODC has a high relative strength, it outperformed 86.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PODC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PODC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PODC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.27 | NEUTRAL | The RSI value for PODC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests PODC has a positive trend. |
| Stochastics (14,3) | 49.97 | NEUTRAL | The Stochastics value for PODC is a neutral value. |
| Average True Range in percent/ATR (20) | 7.75 | HIGH VOLATILITY | The high ATR as a percentage value for PODC suggests high volalility. |
| Average Directional Index/ADX (14) | 18.74 | NEGATIVE | The low ADX value for PODC suggests a weak or negative trend. |
PODC Chart- and CandleStick Pattern Analysis
PODC Example Setup
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 |
|---|---|---|---|
| 2.48 | 2.25 | 0.23 (9.27%) | 10.78% |
| An entry @2.48. This is a Buy Stop order right above the resistance zone. | An exit @2.25. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.23 points, which is 9.27%. | For a 1.00% total portfolio risk, you can invest 10.78% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PODC. 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.
PODC Technicals: Chart, Performance Metrics, Trend & Indicators
2.43
+0.1 (+4.29%)
PODCASTONE INC / PODC TA FAQ
What is the ChartMill technical rating of PODCASTONE INC (PODC) stock?
ChartMill assigns a technical rating of 6 / 10 to PODC.
What is the current trend direction of PODCASTONE INC (PODC) stock?
The current trend direction for PODCASTONE INC (PODC) is Bearish.
What is the RSI signal for PODC stock?
PODCASTONE INC (PODC) has an RSI value of 49.2749. This indicates that the stock is currently neutral.
What is the MACD signal for PODC stock?
The MACD indicator for PODCASTONE INC (PODC) has a value of 0.0123519, indicating a bearish trend.
What is the short term momentum for PODCASTONE INC (PODC) stock?
The short term momentum for PODCASTONE INC (PODC) is neutral.