PLAYTIKA HOLDING CORP (PLTK) Stock Technical Analysis
NASDAQ:PLTK - Nasdaq - US72815L1070 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to PLTK. PLTK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, PLTK is a bad performer in the overall market: 82% of all stocks are doing better.
PLTK is one of the lesser performing stocks in the Entertainment industry. 64% of 72 stocks in the same industry do better.
PLTK is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month PLTK has a been trading in the 3.97 - 5.46 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
PLTK has an average volume of 2246260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although the technical rating is bad, PLTK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 5.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.92, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PLTK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.48
8.87
We found 2 important support areas.
- A support zone ranging from 4.85 to 4.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.53 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @5.31 from a horizontal line in the daily time frame.
- A resistance zone ranging from 6.36 to 6.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.52 from a trend line in the weekly time frame.
- Resistance @8.78 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.42
Mansfield-2.74
10 Day High5.15
10 Day Low4.51
20 Day High5.46
20 Day Low3.97
52 Week High9.15
52 Week Low3.97
Performance
1 Week-0.4%
2 Weeks-1.2%
1 Month10.29%
3 Month-29.57%
6 Month-34.79%
12 Month-28.34%
2 Year-50.7%
3 Year-71.96%
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)0.06
RSI(14)46.01
LBB4.58
UBB5.37
4.93
-0.06 (-1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-1.2%
1 Week-0.4%
2 Weeks-1.2%
1 Month10.29%
3 Month-29.57%
6 Month-34.79%
12 Month-28.34%
2 Year-50.7%
3 Year-71.96%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%6.74%
ATR Inc-24.98%
Range Today0.21
ADR(20)0.29
ADR(20)%5.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.42
Mansfield-2.74
10 Day High5.15
10 Day Low4.51
20 Day High5.46
20 Day Low3.97
52 Week High9.15
52 Week Low3.97
CS1 End4.92
CR1 Start5.31
Volume & EV
DER(3)3.8%
DER(5)2.3%
Volume1.93M
Volume Incr-45.09%
Vol(5)1.85M
Vol(50)2.25M