PLANTRONICS INC (POLY) Technical Analysis
NYSE:POLY • US7274931085
Current stock price
POLY Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to POLY. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, POLY is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- POLY is part of the Communications Equipment industry. There are 48 other stocks in this industry. POLY outperforms 76% of them.
- POLY is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so POLY is leading the market.
- Looking at the yearly performance, POLY did better than 92% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month POLY has a been trading in a tight range between 39.75 and 39.96.
- Considerably lower volume is observed in the last couple of days.
POLY Weekly and Daily overview Charts
POLY Setup Rating and Analysis
Besides having an excellent technical rating, POLY also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 39.81, a Stop Loss order could be placed below this zone.
More info and screens
POLY Support and Resistance Analysis
25.61
3 important support areas can be observed.
- A support zone ranging from 39.30 to 39.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.87 from a trend line in the weekly time frame.
- Support @25.87 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 39.83 to 40.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
POLY 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 | UP | POSITIVE | The long term trend for POLY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for POLY is up. |
| ChartMill Relative Strength | 92.61 | POSITIVE | POLY has a high relative strength, it outperformed 92.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of POLY is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of POLY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of POLY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.56 | NEUTRAL | The RSI value for POLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests POLY has a negative trend. |
| Stochastics (14,3) | 39.37 | NEUTRAL | The Stochastics value for POLY is a neutral value. |
| Average True Range in percent/ATR (20) | 0.17 | LOW VOLATILITY | The low ATR as a percentage value for POLY suggests low volalility. |
| Average Directional Index/ADX (14) | 25.09 | POSITIVE | The high ADX value value for POLY suggests a strong trend. |
POLY Chart- and CandleStick Pattern Analysis
POLY Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 39.85 | 39.78 | 0.07 (0.18%) | 25.00% |
| An entry @39.85. This is a Buy Stop order right above the 10 day moving average. | An exit @39.78. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.07 points, which is 0.18%. | For a 0.05% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of POLY. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
POLY Technicals: Chart, Performance Metrics, Trend & Indicators
39.82
-0.01 (-0.03%)
PLANTRONICS INC / POLY TA FAQ
What is the technical rating for POLY stock?
ChartMill assigns a technical rating of 7 / 10 to POLY.
What is the trend direction for POLY stock?
The current trend direction for PLANTRONICS INC (POLY) is Bullish.
What is the RSI signal for POLY stock?
PLANTRONICS INC (POLY) has an RSI value of 51.5636. This indicates that the stock is currently neutral.
What is the MACD signal for POLY stock?
The MACD indicator for PLANTRONICS INC (POLY) has a value of -0.00809047, indicating a bearish trend.
What is the short term momentum for POLY stock?
The short term momentum for PLANTRONICS INC (POLY) is positive.