Londinia Opportunities Analyses - 06/07/2023 (GMT) PLANET LABS PBC CLASS A - 1H

PLANET LABS PBC CLASS A
- USD (-)
- 15 min delayed data - NYSE Stocks
Type: Stocks
Ticker: PL
ISIN:

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
  • U.S. Stocks
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 4.78 USD
My targets
5.06 USD (+3.48%)
5.33 USD (+9.00%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on PLANET LABS PBC CLASS A as long as the price remains well above 4.78 USD. The buyers' bullish objective is set at 5.06 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 5.33 USD. If there is any crossing, the next objective would be the resistance located at 5.79 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

PLANET LABS PBC CLASS A rating 4.89 USD. On the day, this instrument gained +0.62% and was between 4.79 USD and 5.00 USD. This implies that the price is at +2.09% from its lowest and at -2.20% from its highest.

4.79
5.00
4.89

The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of PLANET LABS PBC CLASS A in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

An assessment of technical indicators shows a moderate bullish signal.
The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Williams %R indicator is back over -50

Type : Bullish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 4.21 4.55 4.78 4.89 5.06 5.79 6.18
Change (%) -13.91% -6.95% -2.25% - +3.48% +18.40% +26.38%
Change -0.68 -0.34 -0.11 - +0.17 +0.90 +1.29
Level Intermediate Major Minor - Intermediate Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard4.514.584.724.794.935.005.14
Camarilla4.804.824.844.864.884.904.92
Woodie4.554.604.764.814.975.025.18
Fibonacci4.584.664.714.794.874.925.00


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.924.104.394.574.865.045.33
Camarilla4.554.594.644.684.724.774.81
Woodie3.984.134.454.604.925.075.39
Fibonacci4.104.284.394.574.754.865.04


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard3.263.534.064.334.865.135.66
Camarilla4.374.444.524.594.664.744.81
Woodie3.393.604.194.404.995.205.79
Fibonacci3.533.844.024.334.644.825.13

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 61.01
MACD (12,26,9): 0.0700
Directional Movement: 20.27
AROON (14): 57.15
DEMA (21): 4.88
Parabolic SAR (0,02-0,02-0,2): 4.80
Elder Ray (13): 0.04
Super Trend (3,10): 4.71
Zig ZAG (10): 4.88
VORTEX (21): 1.1100
Stochastique (14,3,5): 57.14
TEMA (21): 4.88
Williams %R (14): -34.29
Chande Momentum Oscillator (20): 0.16
Repulse (5,40,3): 0.6200
ROCnROLL: 1
TRIX (15,9): 0.2200
Courbe Coppock: 5.61
MA7: 4.67
MA20: 4.37
MA50: 4.13
MA100: 4.31
MAexp7: 4.85
MAexp20: 4.78
MAexp50: 4.65
MAexp100: 4.50
Price / MA7: +4.71%
Price / MA20: +11.90%
Price / MA50: +18.40%
Price / MA100: +13.46%
Price / MAexp7: +0.82%
Price / MAexp20: +2.30%
Price / MAexp50: +5.16%
Price / MAexp100: +8.67%

Quotes : - 15 min delayed data - Actions NYSE