POLAR POWER INC (POLA)

US73102V1052 - Common Stock

0.4141  +0.03 (+8.97%)

Premarket: 0.43 +0.02 (+3.84%)

Technical Rating and Analysis

2

Overall POLA gets a technical rating of 2 out of 10. In the past year, POLA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, POLA is a bad performer in the overall market: 90% of all stocks are doing better.
POLA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month POLA has a been trading in the 0.33 - 0.45 range, which is quite wide. It is currently trading near the high of this range.
POLA is part of the Electrical Equipment industry. There are 86 other stocks in this industry, POLA did better than 44% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
POLA Weekly chart
POLA Daily chart
Setup Rating and Analysis

6

POLA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.42. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

0.33

0.59

We found 2 important support areas.

  • Support @0.34 from a horizontal line in the weekly time frame.
  • Support @0.33 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 0.42 to 0.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.52 from a trend line in the daily time frame.
  • Resistance @0.58 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.87
Mansfield-5.55
10 Day High0.43
10 Day Low0.35
20 Day High0.45
20 Day Low0.33
52 Week High1.58
52 Week Low0.32
Performance
1 Week14.39%
2 Weeks14.9%
1 Month10.28%
3 Month6.59%
6 Month-50.11%
12 Month-66.33%
2 Year-85.77%
3 Year-95.71%
5 Year-89.78%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)53.88
LBB0.34
UBB0.41
POLA Daily chart

POLAR POWER INC

NASDAQ:POLA (5/13/2024, 7:00:02 PM)

Premarket: 0.43 +0.02 (+3.84%)

0.4141

+0.03 (+8.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg8.97%
1 Week14.39%
2 Weeks14.9%
1 Month10.28%
3 Month6.59%
6 Month-50.11%
12 Month-66.33%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.04
ATR(20)%9.26%
ATR Inc
Range Today0.03
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.43
10 Day Low0.35
20 Day High0.45
20 Day Low0.33
52 Week High1.58
52 Week Low0.32
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume171.10K
Volume Incr-5.77%
Vol(5)46.94K
Vol(50)96.64K