NYSEARCA:POL - NYSE Arca - US28252C2089 - Common Stock - Currency: USD
Taking everything into account, POL scores 1 out of 10 in our technical rating. POL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
POL has a poor technical rating and the quality of the setup is also only medium 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.
1.77
When analyzing the support we notice one important area.
3 important resistance areas can be observed.
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 POL is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for POL is down. |
ChartMill Relative Strength | 9.64 | NEGATIVE | POL has a low relative strength, it was outperformed by 90.36% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of POL is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of POL is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of POL is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 32.61 | NEUTRAL | The RSI value for POL is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests POL has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 2.02 | OVERSOLD | The low Stochastics value suggests POL may be oversold. |
Average True Range in percent/ATR (20) | 21.94 | HIGH VOLATILITY | The high ATR as a percentage value for POL suggests high volalility. |
Average Directional Index/ADX (14) | 21.55 | NEUTRAL | The ADX value for POL suggests a possible start of a new trend. |
NYSEARCA:POL (2/29/2024, 8:04:01 PM)
1.8222
-0.01 (-0.43%)