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

Platinum Capital
+ Share

Price for PMC has opened stronger than close of the previous trading session
Opening Price /
Price for PMC has opened stronger than close of the previous trading session

PMC: OPEN Current Signal -> (1) 23 Apr: NEUTRAL (2) 20 Apr: BEARISH (3) 19 Apr: BULLISH

Platinum Capital: Potential CCI trend reversal has been identified
Commodity Channel Index /
Platinum Capital: Potential CCI trend reversal has been identified

PMC: CCI Current Signal ->(1) 23 Apr: BULLISH (2) 20 Apr: BULLISH CROSSOVER (3) 19 Apr: BULLISH CROSSUNDER

Volume /
Recent trading for PMC has beaten the previous volume high by 73.9 [Uptrend]

[BULLISH]: Platinum Capital current volume uptrend in the first timeframe. Volume for PMC is285193 (73.9).

Accumulation / Distribution /
Platinum Capital is being actively distributed

[BEARISH]: Platinum Capital current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -2970561.0000. day.

Fibonacci Extensions /
Platinum Capital has moved above the 161.8% extension level ($1.2800) [Bearish]

Platinum Capital: The current Fibonacci Extension levels are: (23.61%) $1.9800: (38.2%) $1.9900: (50%) $2.0000: (61.8%) $2.0100The current support levels are: (78.6%) $2.0200: (100%) $2.0400: (138.2%) $2.0700: (161.8%) $2.0900: (261.8%) $2.1600: (423.61%) $2.2800

Woodie Pivot Point /
Platinum Capital has moved above the R1 Woodie pivot point ($2.0030) [Bullish]

Platinum Capital has broken the first Woodie resistance point ($2.0030) [Bullish]. Look for a long limit order entry near this point. Exit price for PMC should be set @$2.0190 & Stoploss for Platinum Capital should be set at $1.9490

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MACD /
Platinum Capital: MACD oscillator (-0.0010)

[BEARISH]: Platinum Capital currently has negative MACD of -0.0010. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is 0.5%.

[Bullish]: Elder Ray Index is 0.0110 indicating bull power
Elder Ray Index /
[Bullish]: Elder Ray Index is 0.0110 indicating bull power

[BULLISH]: Platinum CapitalElder Ray Index is signalling a Bullish movementERI is 0.0110 indicating bull power. Prices are being driven above the consensus of value for PMC during the last trading session [Buying Pressure]

Platinum Capital: Coles reaction day has been confirmed
Coles Reaction Day /
Platinum Capital: Coles reaction day has been confirmed

Platinum Capital: Coles Reaction Day has been confirmed A lower low has been achieved for last trading day for PMC

Simple Moving Average /
Price continues to trade below the Simple Moving Average(5) for PMC

[BULLISH]: Platinum Capital currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 0.5%.

Percentage Price /
Signal line is still below the EMA for Platinum Capital producing negative momentum

[BEARISH]: Platinum Capital currently has negative PPO 0.0000%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Rate of Change /
Platinum Capital currently has negative rate of change for -0.2510

[BEARISH]: Platinum Capital currently has negative rate of change of -0.3000%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

Limit order for a long position has been identified for Platinum Capital [Bullish]
Demarks Pivot Points /
Limit order for a long position has been identified for Platinum Capital [Bullish]

Platinum Capital has broken the first DeMark resistance point ($1.9875) [Bullish]. Look for a long limit order entry near this point. Exit price for PMC should be set @$2.0100 & Stoploss for Platinum Capital should be set at $1.9750

The TMA trend following signal is still current for Platinum Capital [Bearish]
Triangular Moving Average /
The TMA trend following signal is still current for Platinum Capital [Bearish]

[BEARISH]: Platinum Capital currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 0.5%.

MACD Volume /
Volume MACD oscillator remains positive for PMC

[BULLISH]: Platinum Capital currently has positive Volume MACD of 13774.0000. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Sine Weighted Moving Average /
The SWMA trend following signal is still current for Platinum Capital [Bearish]

PMC: SWMA Current Signal -> (1) 23 Apr: BULLISH (2) 20 Apr: BULLISH (3) 19 Apr: BEARISH

Average Directional Movement /
[Strong Trend]: Average Directional Index (34.3800) strong trend has been confirmed for PMC

[Trend]: ADX for PMC has confirmed a strong trend is presentPlatinum Capital has an ATR(14) of 0.0320, a DX of 27.7200 & an ADX(14) of 34.3800

Platinum Capital: Uptrend for the medium term trend is continued
Medium Trend /
Platinum Capital: Uptrend for the medium term trend is continued

PMC: Medium Term Recent Trading -> (1) 23 Apr: Uptrend (2) 20 Apr: Uptrend (3) 19 Apr: Uptrend

Long positions for Platinum Capital should be set between $1.9830 & $2.0010
Pivot Points /
Long positions for Platinum Capital should be set between $1.9830 & $2.0010

Platinum Capital has broken the first resistance point ($2.0010) [Bullish]. Look for a long limit order entry near this point. Exit price for PMC should be set @$2.0180 & Stoploss for Platinum Capital should be set between $1.9480 & $1.9310

Chaikin Oscillator showing selling pressure for PMC
Chaikin Money Flow /
Chaikin Oscillator showing selling pressure for PMC

[BEARISH]: Platinum Capital current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.4500. PMC received a confirmed CMF crossover days on the Nov 3 2017.The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.51 occurring on the Nov 3 2017.

Fibonacci Fans /
The 61.8% Fibonacci fan level for PMC is bearish. Stoploss should be positioned @$1.2050

Platinum Capital has moved below the 61.8% retracement level ($2.7100) [Bearish]. Look for a short limit order entry near this point. Exit price for PMC should be set @$1.2050 & short position stoploss for Platinum Capital should be set between $1.2250

Aroon Oscillator /
Platinum Capital: ARO(-20.0000) has signalled a downtrend is current

[BEARISH]: Platinum Capital has a current ARO(25) of -20.0000. This has change -80.0000 points from yesterday.

Stochastic Oscillator /
Stochastic Oscillator for PMC is still below the oversold limit signalling a bullish movement

[BULLISH]: Platinum Capital is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Percentage Volume /
Platinum Capital: Percentage Volume Oscillator @2.4000 [Bullish Crossover]

[BULLISH CROSSOVER]: Platinum Capital currently has positive PVO 2.4000%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 0%.

Platinum Capital: Buyers have lost commitment.
Open Tod Vs Close Tod /
Platinum Capital: Buyers have lost commitment.

[BULLISH WEAK]: Platinum Capital opened in the lower part of daily range at 28.600000000000000% & closed in the middle part of the trading range at 57.100000000000000%. This suggests the buyers have lost commitment. Over the last 12 months there has been 29 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 11%. Over the last month there has been 4 trading days with the opening price in the lower price range & the closing the price in the middle price range giving a confirmation ratio of 25%.

Market conditions are indicating DVI distribution is current for PMC
Daily Volume Index /
Market conditions are indicating DVI distribution is current for PMC

[BEARISH]: Platinum Capital current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -501.0000.

Closing Price /
Platinum Capital: Daily performance is 0.5 % [Uptrend]

[BULLISH]: Platinum Capital current uptrend in the first timeframe. Currently, the Close is $1.9850.

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