POLAR POWER INC (POLA) Technical Analysis
NASDAQ:POLA • US73102V2043
Current stock price
POLA Technical Rating and Analysis
Overall POLA gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. POLA was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, POLA is a bad performer in the overall market: 86% of all stocks are doing better.
- POLA is part of the Electrical Equipment industry. There are 91 other stocks in this industry, of which 67% are performing better than POLA.
- POLA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so POLA is lagging the market.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- POLA has an average volume of 2463340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month POLA has a been trading in the 1.38 - 2.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
POLA Weekly and Daily overview Charts
POLA Setup Rating and Analysis
POLA has an average technical rating and it also does not offer a high 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
POLA Support and Resistance Analysis
1.46
When analyzing the support we notice one important area.
- Support @1.47 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @2.19 from a horizontal line in the daily time frame.
POLA 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 POLA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for POLA is up. |
| ChartMill Relative Strength | 14.03 | NEGATIVE | POLA has a low relative strength, it was outperformed by 85.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of POLA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of POLA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of POLA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.64 | NEUTRAL | The RSI value for POLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests POLA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.5 | NEUTRAL | The Stochastics value for POLA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.02 | HIGH VOLATILITY | The high ATR as a percentage value for POLA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.92 | POSITIVE | The high ADX value value for POLA suggests a strong trend. |
POLA Chart- and CandleStick Pattern Analysis
POLA Technicals: Chart, Performance Metrics, Trend & Indicators
1.83
-0.51 (-21.79%)
POLAR POWER INC / POLA TA FAQ
Can you provide the ChartMill technical rating for POLAR POWER INC?
ChartMill assigns a technical rating of 4 / 10 to POLA.
What is the current trend direction of POLAR POWER INC (POLA) stock?
The current trend direction for POLAR POWER INC (POLA) is Bearish.
Can you provide the RSI signal for POLAR POWER INC?
POLAR POWER INC (POLA) has an RSI value of 54.6444. This indicates that the stock is currently neutral.
Can you provide the MACD signal for POLAR POWER INC?
The MACD indicator for POLAR POWER INC (POLA) has a value of 0.072226, indicating a bearish trend.
What are the support and resistance levels for POLAR POWER INC (POLA) stock?
POLAR POWER INC (POLA) has a support level at 1.47 and a resistance level at 2.19. Check the full technical report for our detailed analysis of POLA support and resistance levels.