POLISHED.COM INC (POL) Stock Technical Analysis
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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
91% of all other stocks performed better in the past year than POL.
POL is one of the lesser performing stocks in the Specialty Retail industry. 79% of 120 stocks in the same industry do better.
POL is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so POL is lagging the market.
In the last month POL has a been trading in the 1.75 - 5.21 range, which is quite wide. It is currently trading near the lows of this range.
POL has an average volume of 3946830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
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.
More info and screens
1.77
2.95
When analyzing the support we notice one important area.
- A support zone ranging from 1.79 to 1.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @2.12 from a trend line in the weekly time frame.
- Resistance @2.31 from a trend line in the daily time frame.
- Resistance @2.92 from a trend 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 | 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. |
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)
NYSEARCA:POL (2/29/2024, 8:04:01 PM)
1.8222
-0.01 (-0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg-0.43%
1 Week-0.43%
2 Weeks-8.43%
1 Month-65.16%
3 Month33.01%
6 Month-71.21%
12 Month-94.89%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%21.94%
ATR Inc-78.67%
Range Today0.08
ADR(20)0.31
ADR(20)%17.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.64
Mansfield-8.81
10 Day High2.17
10 Day Low1.75
20 Day High5.22
20 Day Low1.75
52 Week High35.84
52 Week Low1.06
CS1 End1.81
CR1 Start2.12
Volume & EV
DER(3)4.25%
DER(5)0.44%
Volume13.90K
Volume Incr-86.38%
Vol(5)25.52K
Vol(50)3.95M