Technical analysis from Platinum Asia Investments (PAI.AX, ASX:PAI) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Platinum Asia Investments
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The simple moving average and past price for PAI has confirmed bullish trading conditions
Detrended Price Oscillator /
The simple moving average and past price for PAI has confirmed bullish trading conditions

[BULLISH]: Platinum Asia Investments currently has a confirmed uptrend. Price is currently above the displaced moving average for PAICurrently, the return on DPO20 is 0.8%.

PAI: Percentage Volume Oscillator [Bullish Crossover]
Percentage Volume /
PAI: Percentage Volume Oscillator [Bullish Crossover]

PAI: PVO Current Signal -> (1) 20 Nov: BULLISH CROSSOVER (2) 17 Nov: BEARISH CROSSOVER (3) 20 Nov: BEARISH CROSSOVER

Pivot Points /
Platinum Asia Investments has broken the first resistance point ($1.285) [Bullish]

Platinum Asia Investments current pivot point is: 1.275. The current resistance levels are: (R1) $1.285: (R2) $1.29: (R3) $1.3: The current support levels are: (S1) $1.27: (S2) $1.26: (S3) $1.255

Close Tod Vs Range Tod /
Platinum Asia Investments closed in the upper part of daily range at 100%.

[BULLISH]: Platinum Asia Investments buyers are in control at the market close. This is the first day of buyer commitment for Platinum Asia Investments adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 259 trading days with the closing price in the upper part of the range giving a confirmation ratio of 98.5%. Over the last month there has been 8 trading days with the closing price in the upper range giving a confirmation ratio of 66.7%. Currently this quarter, closing price has spent 30 days in the upper price range compared to 29 days in the lower range giving a ratio of 1x.

Sine Weighted Moving Average /
Sine Weighted Moving Average(5) signal continues for Platinum Asia Investments indicating upward price movement is likely

[BULLISH]: Platinum Asia Investments currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 0.8%.

Rate of Change /
14-day rate of change is increasing for Platinum Asia Investments

[BULLISH]: Platinum Asia Investments currently has positive rate of change of 7.1%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

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Simple Moving Average /
[Bullish]: Trend following indicator for PAI highlights upward price direction is likely

PAI: SMA(5) Current Signal -> (1) 20 Nov: BEARISH (2) 17 Nov: BEARISH CROSSOVER (3) 20 Nov: BULLISH

Stochastic Oscillator (89.5) for PAI is now below the overbought limit
Stochastic Oscillator /
Stochastic Oscillator (89.5) for PAI is now below the overbought limit

[BEARISH]: Platinum Asia Investments is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

Platinum Asia Investments: Medium term trend (Uptrend)
Medium Trend /
Platinum Asia Investments: Medium term trend (Uptrend)

[BULLISH]: Platinum Asia Investments has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Oct 20 2017.

MACD Volume /
Platinum Asia Investments: Volume MACD oscillator (-15173)

[BEARISH]: Platinum Asia Investments currently has negative Volume MACD of -15173. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Weighted Moving Average /
Weighted Moving Average(5) signal continues for Platinum Asia Investments indicating upward price movement is likely

[BULLISH]: Platinum Asia Investments currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 0.8%.

Recent trading has opened 0.8 % higher than previous close for PAI
Opening Price /
Recent trading has opened 0.8 % higher than previous close for PAI

[BULLISH]: Platinum Asia Investments opening price has gapped up. Currently, the OPEN is $1.28 (0.8 %).

[Bullish]: Elder Ray Index is 0.032 indicating bull power
Elder Ray Index /
[Bullish]: Elder Ray Index is 0.032 indicating bull power

[BULLISH]: Platinum Asia InvestmentsElder Ray Index is signalling a Bullish movementERI is 0.032 indicating bull power. Prices are being driven above the consensus of value for PAI during the last trading session [Buying Pressure]

Average Directional Movement /
Platinum Asia Investments: Average Directional Index (75.62) has confirmed a extremely strong trend is present

[Strong Trend]: ADX for PAI has confirmed an extremely strong trend is presentPlatinum Asia Investments has an ATR(14) of 0.022, a DX of 93.1 & an ADX(14) of 75.62

On Balance Volume /
Traders are currently accumulating Platinum Asia Investments

PAI: OBV Current Signal ->(1) 20 Nov: BULLISH (2) 17 Nov: BULLISH CROSSOVER (3) 20 Nov: BEARISH

Close Tod Vs Close Yest /
Daily trading performance for PAI has continued a short term uptrend

[BULLISH]: Platinum Asia Investmentsbuyers are keener than sellers and are driving the price up. There has been 2 consecutive days of price rise for PAI adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 2.1 & the greatest daily positive change this year has been 2.9. The longest consecutive upswing rally over the last 12 months has been 2 days giving a total rally upward movement of 2.9%. This quarter, the largest upswing rally has been 2 days giving a total rally upward movement of 2.7%. The win ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.5x. Over the last month the average daily upward movement has been 1.1%

Platinum Asia Investments is in a short term uptrend with the support price @$1.257
Triangular Moving Average /
Platinum Asia Investments is in a short term uptrend with the support price @$1.257

PAI: TMA Current Signal -> (1) 20 Nov: BEARISH (2) 17 Nov: BEARISH CROSSOVER (3) 20 Nov: BULLISH

Limit order for a long position has been identified for Platinum Asia Investments [Bullish]
Woodie Pivot Point /
Limit order for a long position has been identified for Platinum Asia Investments [Bullish]

Platinum Asia Investments has broken the first Woodie resistance point ($1.287) [Bullish]. Look for a long limit order entry near this point. Exit price for PAI should be set @$1.291 & Stoploss for Platinum Asia Investments should be set at $1.261

The CCI indicator for Platinum Asia Investments is still above the overbought limit
Commodity Channel Index /
The CCI indicator for Platinum Asia Investments is still above the overbought limit

[BEARISH]: Platinum Asia Investments current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is 105. PAI received a confirmed CCI crossover on the Nov 17 2017.The bearish signal has been active for 0 day. During the quarter, the highest CCI value was 268.

Accumulation / Distribution /
Market conditions are indicating accumulation is current for PAI

[BULLISH]: Platinum Asia Investments current accumulation has given strength to the share price and the continuation of bullish trading conditions.

Ulcer Index /
Ulcer index has reduced in stress level for Platinum Asia Investments & low drawdown is expected

[BEARISH]: Platinum Asia Investments UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 0.657.

Momentum /
5-day momentum is increasing for Platinum Asia Investments

[BULLISH]: Platinum Asia Investments currently has positive momentum of 0.01. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 0.8%. The largest upward momentum rally for the last 3 months is 0 days producing a return of 2.7%%.

Relative Strength Index /
Relative Strength overbought signal had been initiated for Platinum Asia Investments

[BEARISH]: Platinum Asia Investments is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. RSI is currently overbought @70.6030

CMF highlights continued negative divergence for Platinum Asia Investments
Chaikin Money Flow /
CMF highlights continued negative divergence for Platinum Asia Investments

[BEARISH]: Platinum Asia Investments current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.05. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.13

PAI has achieved a new high of $1.28 (0 %)
High Price /
PAI has achieved a new high of $1.28 (0 %)

PAI: HIGH Current Signal -> (1) 20 Nov: NEUTRAL (2) 17 Nov: BULLISH (3) 16 Nov: NEUTRAL

Open Tod Vs Close Tod /
PAI: Over the last month there has been 2 trading days with the opening price in the upper price range & the closing the price in the upper price range

[BULLISH]: Platinum Asia Investments opened in the upper part of daily range at 100% & closed in the upper part of the trading range at 100%. This suggests the sellers have lost control. Over the last 12 months there has been 30 trading days with the opening price in the upper shadow & the closing the price in the upper shadow giving a confirmation ratio of 11.4%. Over the last month there has been 2 trading days with the opening price in the upper price range & the closing the price in the upper price range giving a confirmation ratio of 16.7%.

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