PATRIA LATIN AMERICAN OPPORT (PLAO)

KYG694541098 - Common Stock

11.58  -0.02 (-0.17%)

Technical Rating and Analysis

6

Taking everything into account, PLAO scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, PLAO is a bad performer.

When comparing the yearly performance of all stocks, PLAO is a bad performer in the overall market: 62% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
PLAO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PLAO is lagging the market.
In the last month PLAO has a been trading in a tight range between 11.45 and 12.06.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
PLAO Weekly chart
PLAO Daily chart
Setup Rating and Analysis

7

PLAO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 11.57, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

11.13

11.78

When analyzing the support we notice one important area.

  • A support zone ranging from 11.24 to 11.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 11.65 to 11.66. This zone is formed by a combination of multiple trend lines 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
CRS38.39
Mansfield-1
10 Day High11.6
10 Day Low11.54
20 Day High12.06
20 Day Low11.45
52 Week High12.06
52 Week Low10.85
Performance
1 Week0.09%
2 Weeks0.43%
1 Month0.26%
3 Month1.53%
6 Month2.93%
12 Month6.73%
2 Year13.75%
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
RSI(14)55
LBB11.52
UBB11.61
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
11.6111.530.08 (0.73%)25.00%
An entry @11.61. This is a Buy Stop order right above the 10 day high.An exit @11.53. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.08 points, which is 0.73%.For a 0.18% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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.
PLAO Daily chart

PATRIA LATIN AMERICAN OPPORT

NASDAQ:PLAO (9/18/2024, 8:22:27 PM)

11.58

-0.02 (-0.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.17%
1 Week0.09%
2 Weeks0.43%
1 Month0.26%
3 Month1.53%
6 Month2.93%
12 Month6.73%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.03
ATR(20)%0.5%
ATR Inc
Range Today0
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 High11.6
10 Day Low11.54
20 Day High12.06
20 Day Low11.45
52 Week High12.06
52 Week Low10.85
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume300
Volume Incr-17.09%
Vol(5)22.36K
Vol(50)120.68K