planet 13 stock! plnhf stock | plnhf | planet 13 stock price | planet

Описание: planet 13 stock! plnhf stock | plnhf | planet 13 stock price | planet



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Planet 13 Holdings Inc. stock downgraded to Sell Candidate
(Updated on Feb 25, 2022)

The Planet 13 Holdings Inc. stock price fell by -4.71% on the last day (Friday, 25th Feb 2022) from $3.61 to $3.44. During the day the stock fluctuated 7.10% from a day low at $3.38 to a day high of $3.62. The price has fallen in 7 of the last 10 days and is down by -12.69% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -72 thousand shares and in total, 131 thousand shares were bought and sold for approximately $451.58 thousand.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -18.67% during the next 3 months and, with a 90% probability hold a price between $2.65 and $3.22 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Signals & Forecast
There are mixed signals in the stock today. The Planet 13 Holdings Inc. stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $3.56 and $3.75. A break-up above any of these levels will issue buy signals. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. A buy signal was issued from a pivot bottom point on Wednesday, February 23, 2022, and so far it has risen 4.56%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss
Planet 13 Holdings Inc. finds support from accumulated volume at $3.38 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved $0.24 between high and low, or 7.10%. For the last week the stock has had a daily average volatility of 8.31%.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is Planet 13 Holdings Inc. stock A Buy?
Planet 13 Holdings Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -2.479

Predicted Opening Price for Planet 13 Holdings Inc. of Monday, February 28, 2022
The predicted opening price is based on yesterday's movements between high, low, and the closing price.


https://stockinvest.us/stock/PLTH.CN