PLASTIC OMNIUM (POM.PA)       17.41  +0.41 (+2.41%)

17.41  +0.41 (+2.41%)

FR0000124570 - Common Stock

Technical Rating

We assign a technical rating of 3 out of 10 to POM. In the past year, POM 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.



In the last month POM has a been trading in the 14.19 - 17.03 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
POM is an average performer in the Auto Components industry, it outperforms 50% of 12 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
When comparing the yearly performance of all stocks, POM is a bad performer in the overall market: 91% of all stocks are doing better.
POM is currently trading in the lower part of its 52 week range. But, the S&P500 Index is also trading in the lower part of its yearly range, so POM is not an exception.
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.

Statistics

1 Month 3 Months 6 Months 12 Months 11.11% -11.55% -23.22% -39.76% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 9.25 14.19 - 29.6
POM Weekly chart
POM Daily chart

Support/Resistance Analysis


14.36

24.32
When analyzing the support we notice one important area.
  • A support zone ranging from 14.50 to 14.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
  • Resistance @21.44 from a horizontal line in the daily time frame.
  • Resistance @24.08 from a horizontal line in the daily time frame.

Setup Analysis

Setup Rating

The technical rating of POM is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.


POM Daily chart

PLASTIC OMNIUM17.41

EPA:POM (5/27/2022, 5:29:59 PM)+0.41 (+2.41%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Consumer Discretionary
GICS Industry Auto Components
Performance
Today 2.41% 1 Week 6.58%
2 Weeks 10.61% 1 Month 11.11%
3 Month -11.55% 6 Month -23.22%
Volatility
ATR(14) 0.55 ATR(20)% 3.48%
ATR Inc -5.96% Range Today 0.63
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 9.25 Mansfield -1.58
10 Day High 17.03 10 Day Low 15.23
20 Day High 17.03 20 Day Low 14.19
52 Week High 29.6 52 Week Low 14.19
CS1 End 14.73 CR1 Start 21.44
Volume & EV
DER(3) 4.98% DER(5) 5.77%
Volume 64.48K Volume Incr -35.06%
Vol(5) 105.60K Vol(50) 177.19K

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