Portfolio S&P 500 ETF (PPLC) Stock Technical Analysis
USA - NYSEARCA:PPLC -
44.9557
+0.95 (+2.16%)
We assign a technical rating of 4 out of 10 to PPLC. In the last year, PPLC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
In the last month PPLC has a been trading in the 43.64 - 50.26 range, which is quite wide. It is currently trading near the lows of this range.
Warning: PPLC has an average volume of 4691 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
PPLC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so PPLC is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, PPLC did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
PPLC has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
43.37
46.98
When analyzing the support we can see 2 important areas.
- A support zone ranging from 44.80 to 44.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @43.81 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 45.39 to 46.51. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for PPLC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PPLC is down. |
| ChartMill Relative Strength | 77.08 | POSITIVE | PPLC has a high relative strength, it outperformed 77.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PPLC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PPLC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PPLC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.76 | NEUTRAL | The RSI value for PPLC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests PPLC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.44 | OVERSOLD | The low Stochastics value suggests PPLC may be oversold. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for PPLC suggests some volalility. |
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)
NYSEARCA:PPLC (9/25/2020, 8:04:01 PM)
44.9557
+0.95 (+2.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.16%
1 Week-0.88%
2 Weeks-1.67%
1 Month-7.19%
3 Month13.51%
6 Month41.59%
12 Month12.25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.06
ATR(20)%2.5%
ATR Inc-45.45%
Range Today1.12
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.08
Mansfield0.12
10 Day High47.1
10 Day Low43.64
20 Day High50.26
20 Day Low43.64
52 Week High50.26
52 Week Low26.08
CS1 End44.95
CR1 Start45.39
Volume & EV
DER(3)2.54%
DER(5)0.91%
Volume10.50K
Volume Incr-30.02%
Vol(5)4.96K
Vol(50)4.69K