POLAR POWER INC (POLA) Stock Technical Analysis
USA - NASDAQ:POLA - US73102V2043 - Common Stock
2.45 USD
-0.09 (-3.54%)
2.43 USD
-0.02 (-0.82%)
Overall POLA gets a technical rating of 7 out of 10. In the last year, POLA was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the performance of all stocks over the past year, POLA turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
POLA is part of the Electrical Equipment industry. There are 92 other stocks in this industry, POLA did better than 46% of them.
POLA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so POLA is lagging the market.
In the last month POLA has a been trading in the 1.78 - 3.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, POLA also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
1.69
2.90
When analyzing the support we can see 5 important areas.
- Support @2.28 from a trend line in the daily time frame.
- A support zone ranging from 2.17 to 2.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.93 from a trend line in the weekly time frame.
- Support @1.79 from a trend line in the daily time frame.
- Support @1.71 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @2.69 from a horizontal line in the weekly time frame.
- Resistance @2.87 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 | 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 | 63.73 | NEUTRAL | POLA is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of POLA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.65 | NEUTRAL | The RSI value for POLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests POLA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 31.64 | NEUTRAL | The Stochastics value for POLA is a neutral value. |
| Average True Range in percent/ATR (20) | 11.66 | HIGH VOLATILITY | The high ATR as a percentage value for POLA suggests high volalility. |
| Average Directional Index/ADX (14) | 42.67 | POSITIVE | The high ADX value value for POLA suggests a strong 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)
2.45
-0.09 (-3.54%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-3.54%
1 Week-8.58%
2 Weeks15.57%
1 Month33.85%
3 Month39.6%
6 Month-8.92%
12 Month-18.28%
2 Year-68.47%
3 Year-85.83%
5 Year-88.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%11.66%
ATR Inc-6.26%
Range Today0.19
ADR(20)0.27
ADR(20)%11.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.73
Mansfield-1.38
10 Day High3.67
10 Day Low2.04
20 Day High3.67
20 Day Low1.78
52 Week High4.69
52 Week Low1.53
CS1 End2.28
CR1 Start2.69
Volume & EV
DER(3)-15.44%
DER(5)-10.39%
Volume32.71K
Volume Incr-90.66%
Vol(5)82.96K
Vol(50)376.91K