PHOTRONICS INC (PLAB)

US7194051022 - Common Stock

24.04  -0.37 (-1.52%)

After market: 24.4 +0.36 (+1.5%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to PLAB. PLAB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

76% of all other stocks performed better in the past year than PLAB.
PLAB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PLAB is lagging the market.
In the last month PLAB has a been trading in the 23.82 - 31.60 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
PLAB is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 43% of 108 stocks in the same industry.
Weekly and Daily overview Charts
PLAB Weekly chart
PLAB Daily chart
Setup Rating and Analysis

4

PLAB has a poor technical rating and the quality of the setup is also not perfect 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

21.41

28.27

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 23.66 to 23.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @21.63 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 26.49 to 26.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @27.35 from a horizontal line in the daily time frame.
  • Resistance @27.99 from a horizontal 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
CRS24.01
Mansfield-1.8
10 Day High31.6
10 Day Low23.82
20 Day High31.6
20 Day Low23.82
52 Week High34.16
52 Week Low20.25
Performance
1 Week-9.25%
2 Weeks-4.79%
1 Month-1.64%
3 Month2.87%
6 Month-3.61%
12 Month-23.1%
2 Year42.84%
3 Year27.53%
5 Year52.54%
10 Year189.29%
15 Year440.23%
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)-0.21
RSI(14)43.35
LBB23.44
UBB27.65
PLAB Daily chart

PHOTRONICS INC

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

After market: 24.4 +0.36 (+1.5%)

24.04

-0.37 (-1.52%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.52%
1 Week-9.25%
2 Weeks-4.79%
1 Month-1.64%
3 Month2.87%
6 Month-3.61%
12 Month-23.1%
2 Year42.84%
3 Year27.53%
5 Year52.54%
10 Year189.29%
15 Year440.23%
Volatility
ATR(14)1.51
ATR(20)%5.48%
ATR Inc-24.78%
Range Today0.8
ADR(20)1.15
ADR(20)%4.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.01
Mansfield-1.8
10 Day High31.6
10 Day Low23.82
20 Day High31.6
20 Day Low23.82
52 Week High34.16
52 Week Low20.25
CS1 End23.98
CR1 Start26.49
Volume & EV
DER(3)-1.29%
DER(5)-1.24%
Volume2.34M
Volume Incr80.2%
Vol(5)945.50K
Vol(50)488.62K