POLAR POWER INC (POLA) Technical Analysis
NASDAQ:POLA • US73102V2043
Current stock price
1.81 USD
-0.01 (-0.55%)
At close:
1.78 USD
-0.03 (-1.66%)
Pre-Market:
POLA Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to POLA. POLA 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, POLA is a bad performer in the overall market: 76% of all stocks are doing better.
- POLA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month POLA has a been trading in the 1.51 - 2.89 range, which is quite wide. It is currently trading near the lows of this range.
- POLA has an average volume of 1659880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- POLA is part of the Electrical Equipment industry. There are 91 other stocks in this industry, POLA did better than 44% of them.
- Considerably lower volume is observed in the last couple of days.
POLA Weekly and Daily overview Charts
POLA Setup Rating and Analysis
POLA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for POLA 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
POLA Support and Resistance Analysis
1.53
2.39
We found 2 important support areas.
- A support zone ranging from 1.62 to 1.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.55 to 1.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @1.84 from a horizontal line in the weekly time frame.
- Resistance @1.91 from a trend line in the daily time frame.
- Resistance @1.95 from a horizontal line in the daily time frame.
- Resistance @2.19 from a horizontal line in the daily time frame.
- Resistance @2.37 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 | DOWN | NEGATIVE | The long term trend for POLA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for POLA is neutral. |
| ChartMill Relative Strength | 24.46 | NEGATIVE | POLA has a low relative strength, it was outperformed by 75.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of POLA is above a declining 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) | 52.95 | NEUTRAL | The RSI value for POLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests POLA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.01 | NEUTRAL | The Stochastics value for POLA is a neutral value. |
| Average True Range in percent/ATR (20) | 12.91 | HIGH VOLATILITY | The high ATR as a percentage value for POLA suggests high volalility. |
| Average Directional Index/ADX (14) | 32.09 | POSITIVE | The high ADX value value for POLA suggests a strong trend. |
POLA Chart- and CandleStick Pattern Analysis
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)
POLA Technicals: Chart, Performance Metrics, Trend & Indicators
1.81
-0.01 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-0.55%
1 Week1.12%
2 Weeks16.77%
1 Month-1.09%
3 Month7.74%
6 Month-57.01%
12 Month-16.59%
2 Year-29.74%
3 Year-77.12%
5 Year-97.69%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%12.91%
ATR Inc-61.1%
Range Today0.11
ADR(20)0.23
ADR(20)%12.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.46
3 months CRS83.02
6 months CRS7.14
Mansfield-2.17
10 Day High2.89
10 Day Low1.54
20 Day High2.89
20 Day Low1.51
52 Week High5.75
52 Week Low1.31
CS1 End1.64
CR1 Start1.84
Volume & EV
DER(3)4.83%
DER(5)-1.24%
Volume70.60K
Volume Incr-96.19%
Vol(5)152.66K
Vol(50)1.66M
POLAR POWER INC / POLA TA FAQ
Can you provide the ChartMill technical rating for POLAR POWER INC?
ChartMill assigns a technical rating of 2 / 10 to POLA.
What is the trend direction for POLA stock?
The current trend direction for POLAR POWER INC (POLA) is Bearish.
What is the RSI signal for POLA stock?
POLAR POWER INC (POLA) has an RSI value of 52.9494. This indicates that the stock is currently neutral.
What are the support and resistance levels for POLAR POWER INC (POLA) stock?
POLAR POWER INC (POLA) has a support level at 1.64 and a resistance level at 1.84. Check the full technical report for our detailed analysis of POLA support and resistance levels.