PLANTRONICS INC (POLY)

US7274931085 - Common Stock

39.82  -0.01 (-0.03%)

After market: 39.82 0 (0%)

Technical Rating and Analysis

8

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.

The long and short term trends are both positive. This is looking good!
POLY is one of the better performing stocks in the Communications Equipment industry, it outperforms 92% of 54 stocks in the same industry.
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.
Weekly and Daily overview Charts
POLY Weekly chart
POLY Daily chart
Setup Rating and Analysis

6

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.

Support and Resistance Analysis

25.61

40.87

We found 3 important support areas.

  • 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.

When analyzing the resistance we notice one important 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.
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
CRS92.61
Mansfield2.81
10 Day High39.96
10 Day Low39.79
20 Day High39.96
20 Day Low39.75
52 Week High40.82
52 Week Low22.69
Performance
1 Week-0.08%
2 Weeks0.03%
1 Month0.08%
3 Month0.03%
6 Month43.65%
12 Month23.55%
2 YearN/A
3 YearN/A
5 YearN/A
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)51.56
LBB39.79
UBB39.9
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.

ENTRYEXITDISTANCECAPITAL
39.8539.780.07 (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 trade has a worst case loss of 0.07 points, which is 0.18%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.05%.

  • 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 Daily chart

PLANTRONICS INC

NYSE:POLY (8/26/2022, 7:04:01 PM)

After market: 39.82 0 (0%)

39.82

-0.01 (-0.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-0.03%
1 Week-0.08%
2 Weeks0.03%
1 Month0.08%
3 Month0.03%
6 Month43.65%
12 Month23.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%0.17%
ATR Inc
Range Today0.05
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 High39.96
10 Day Low39.79
20 Day High39.96
20 Day Low39.75
52 Week High40.82
52 Week Low22.69
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume192.30K
Volume Incr-15.78%
Vol(5)324.74K
Vol(50)566.93K