PALTALK INC (PALT)

US69764K1060 - Common Stock

1.68  +0.08 (+5.16%)

Technical Rating and Analysis

0

Taking everything into account, PALT scores 0 out of 10 in our technical rating. PALT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
92% of all other stocks performed better in the past year than PALT.
PALT is one of the lesser performing stocks in the Interactive Media & Services industry. 79% of 73 stocks in the same industry do better.
PALT is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PALT is lagging the market.
In the last month PALT has a been trading in the 1.52 - 2.20 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Weekly and Daily overview Charts
PALT Weekly chart
PALT Daily chart
Setup Rating and Analysis

3

The technical rating of PALT 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.

Support and Resistance Analysis

1.57

1.92

When analyzing the support we notice one important area.

  • A support zone ranging from 1.59 to 1.60. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • Resistance @1.79 from a trend line in the daily time frame.
  • Resistance @1.90 from a trend line in the daily 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
CRS8.88
Mansfield-5.51
10 Day High2
10 Day Low1.52
20 Day High2.2
20 Day Low1.52
52 Week High5.5
52 Week Low1.52
Performance
1 Week-7.69%
2 Weeks-11.11%
1 Month-5.41%
3 Month-43.81%
6 Month-60.75%
12 Month-27.27%
2 Year27.27%
3 Year-40.85%
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)38.92
LBB1.63
UBB2.06
PALT Daily chart

PALTALK INC

NASDAQ:PALT (12/20/2024, 8:00:02 PM)

1.68

+0.08 (+5.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg5.16%
1 Week-7.69%
2 Weeks-11.11%
1 Month-5.41%
3 Month-43.81%
6 Month-60.75%
12 Month-27.27%
2 Year27.27%
3 Year-40.85%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%8.48%
ATR Inc42.51%
Range Today0.14
ADR(20)0.13
ADR(20)%8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.88
Mansfield-5.51
10 Day High2
10 Day Low1.52
20 Day High2.2
20 Day Low1.52
52 Week High5.5
52 Week Low1.52
CS1 End1.6
CR1 Start1.79
Volume & EV
DER(3)-11.12%
DER(5)-1.09%
Volume51.80K
Volume Incr67.34%
Vol(5)51.30K
Vol(50)51.68K