Londinia Opportunities Analyses - 03/19/2025 (GMT) PHOTRONICS INC. - 1H

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Type:	Stocks
Ticker:	PLAB
ISIN:

Londinia

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

83%

11%

My opinion

Bullish above 21.67 USD

My targets

22.10 USD (+1.24%)

22.40 USD (+2.61%)

My analysis

PHOTRONICS INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 21.67 USD. The next resistance located at 22.10 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 22.40 USD. After this resistance, buyers could then target 22.83 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

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Additional analysis

Quotes

The PHOTRONICS INC. rating is 21.83 USD. The price has increased by +1.68% since the last closing and was between 21.38 USD and 21.83 USD. This implies that the price is at +2.10% from its lowest and at 0% from its highest.

21.38

21.83

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of PHOTRONICS INC. in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : 1 hour

In fact, 15 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1 (Daily)

Type : Neutral

Timeframe : 1 hour

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : 1 hour

Price is back over the pivot point (Daily)

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour

Pivot points : price is over resistance 1 (Monthly)

Type : Neutral

Timeframe : 1 hour

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

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Bearish doji star

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	20.78	21.27	21.67	21.83	22.10	22.40	22.83
Change (%)	-4.81%	-2.57%	-0.73%	-	+1.24%	+2.61%	+4.58%
Change	-1.05	-0.56	-0.16	-	+0.27	+0.57	+1.00
Level	Major	Minor	Minor	-	Intermediate	Minor	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	20.89	21.08	21.27	21.46	21.65	21.84	22.03
Camarilla	21.37	21.40	21.44	21.47	21.51	21.54	21.58
Woodie	20.90	21.08	21.28	21.46	21.66	21.84	22.04
Fibonacci	21.08	21.22	21.31	21.46	21.60	21.69	21.84

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	19.70	20.16	20.71	21.17	21.72	22.18	22.73
Camarilla	20.98	21.08	21.17	21.26	21.35	21.45	21.54
Woodie	19.75	20.18	20.76	21.19	21.77	22.20	22.78
Fibonacci	20.16	20.55	20.78	21.17	21.56	21.79	22.18

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.79	18.53	19.69	21.43	22.59	24.33	25.49
Camarilla	20.04	20.31	20.57	20.84	21.11	21.37	21.64
Woodie	16.49	18.39	19.39	21.29	22.29	24.19	25.19
Fibonacci	18.53	19.64	20.33	21.43	22.54	23.23	24.33

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):	61.07
MACD (12,26,9):	0.1000
Directional Movement:	4.71
AROON (14):	85.72
DEMA (21):	21.66
Parabolic SAR (0,02-0,02-0,2):	21.26
Elder Ray (13):	0.18
Super Trend (3,10):	21.28
Zig ZAG (10):	21.80
VORTEX (21):	1.1200
Stochastique (14,3,5):	82.26
TEMA (21):	21.68
Williams %R (14):	-1.85
Chande Momentum Oscillator (20):	0.27
Repulse (5,40,3):	0.9900
ROCnROLL:	1
TRIX (15,9):	0.0700
Courbe Coppock:	0.94

MA7:	21.21
MA20:	21.10
MA50:	22.36
MA100:	23.49
MAexp7:	21.63
MAexp20:	21.50
MAexp50:	21.33
MAexp100:	21.30
Price / MA7:	+2.92%
Price / MA20:	+3.46%
Price / MA50:	-2.37%
Price / MA100:	-7.07%
Price / MAexp7:	+0.92%
Price / MAexp20:	+1.53%
Price / MAexp50:	+2.34%
Price / MAexp100:	+2.49%

Quotes : - 15 min delayed data - Actions NASDAQ

News

Don't forget to follow the news on PHOTRONICS INC.. At the time of publication of this analysis, the latest news was as follows: