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

Platinum Capital
+ Share

[Fake Day]: MFI indicator is up, volume is down PMC
Bill Williams Market Facilitation /
[Fake Day]: MFI indicator is up, volume is down PMC

PMC: BWMF Current Signal -> (1) 22 Jun: Fake Day (2) 21 Jun: Green Day (3) 20 Jun: Fade Day

Platinum Capital: Accumulation Distribution Line (-1.48836e+006)
Accumulation / Distribution /
Platinum Capital: Accumulation Distribution Line (-1.48836e+006)

[BEARISH]: Platinum Capital current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -1.48836e+006.

Short Trend /
PMC: Short term trend is still an Uptrend

PMC: Daily Trend Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BULLISH (3) 20 Jun: INSIDE DAY CONFIRM

Stochastic Oscillator /
Stochastic Oscillator (100) for PMC is still above the Overbought limit

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

White Closing Marubozu /
PMC Basic Candle: White Closing Marubozu

[BULLISH]: Platinum Capital has formed a White Closing Marubozu candlestick. This means, PMC has received strong buying confidence and upward price movement over the trading day with only a small lower shadow present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Low Price /
Platinum Capital: Daily low price is $2.07 [Lower Low]

[BEARISH]: Platinum Capital current uptrend in the first timeframe. Currently, the Low is $2.07 (1.5 %).

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Percentage Volume /
Volume is still above the short term EMA for PMC [Bullish]

[BULLISH]: Platinum Capital currently has positive PVO 0.05%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 5%.

Recent trading signals Platinum Capital is being accumulated
On Balance Volume /
Recent trading signals Platinum Capital is being accumulated

[BULLISH]: Platinum Capital current price has highlighted recent accumulation. Currently, the OBV is 849676.

MACD oscillator remains positive for PMC
MACD /
MACD oscillator remains positive for PMC

[BULLISH]: Platinum Capital currently has positive MACD of 0.0054. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 1.9%.

Two White Soldiers /
Platinum Capital: Two White Soldiers

[BULLISH]: Platinum Capital has formed a new Two White Soldiers pattern.

Medium Trend /
Recent trading indicates a confirmed T2 upward trend direction PMC [Uptrend]

[BULLISH]: Platinum Capital has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jun 20 2018.

Triangular Moving Average /
Triangular Moving Average(5) signal continues for Platinum Capital indicating upward price movement is likely

[BULLISH]: Platinum Capital currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 1.9%.

Platinum Capital has moved above the R1 pivot point ($2.136) [Bullish]
Pivot Points /
Platinum Capital has moved above the R1 pivot point ($2.136) [Bullish]

Platinum Capital has broken the first resistance point ($2.136) [Bullish]. Look for a long limit order entry near this point. Exit price for PMC should be set @$2.153 & Stoploss for Platinum Capital should be set between $2.053 & $2.036

Platinum Capital has broken below the 161.8% extension level ($11.13) [Bullish]
Fibonacci Extensions /
Platinum Capital has broken below the 161.8% extension level ($11.13) [Bullish]

Platinum Capital: The current Fibonacci Extension levels are: (23.61%) $2.09: (38.2%) $2.07: (50%) $2.06: (61.8%) $2.05The current support levels are: (78.6%) $2.03: (100%) $2: (138.2%) $1.95: (161.8%) $1.93: (261.8%) $1.81: (423.61%) $1.61

Price Range /
Platinum Capital: Daily price range is $0.05 [Uptrend]

[BULLISH]: Platinum Capital current uptrend in the first timeframe. Currently, the Range is $0.05.

Open Tod Vs Close Tod /
Platinum Capital: Buyers were in control all day.

[BULLISH STRONG]: Platinum Capital opened in the lower part of daily range at 20% & closed in the upper part of the trading range at 100%. This suggests the buyers were in control all day. Over the last 12 months there has been 39 trading days with the opening price in the lower shadow & the closing the price in the upper shadow giving a confirmation ratio of 14.8%. Over the last month there has been 2 trading days with the opening price in the lower price range & the closing the price in the upper price range giving a confirmation ratio of 13.3%.

Percentage Price /
Price percentage oscillator: Upward momentum is still present for Platinum Capital

[BULLISH]: Platinum Capital currently has positive PPO 0.738%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Platinum Capital has moved above the R1 DeMark pivot point ($2.1075) [Bullish]
Demarks Pivot Points /
Platinum Capital has moved above the R1 DeMark pivot point ($2.1075) [Bullish]

Platinum Capital has broken the first DeMark resistance point ($2.1075) [Bullish]. Look for a long limit order entry near this point. Exit price for PMC should be set @$2.145 & Stoploss for Platinum Capital should be set at $2.095

Platinum Capital: Aroon oscillator (32) has confirmed an uptrend is present
Aroon Oscillator /
Platinum Capital: Aroon oscillator (32) has confirmed an uptrend is present

[BULLISH]: Platinum Capital has a current ARU(25) of 100 and a current ARD(25) of 68

PMC: Price continues to move above the SWMA(5) @$2.053
Sine Weighted Moving Average /
PMC: Price continues to move above the SWMA(5) @$2.053

[BULLISH]: Platinum Capital 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 1.9%.

Exponential Moving Average /
Exponential Moving Average(5) signal continues for Platinum Capital indicating upward price movement is likely

[BULLISH]: Platinum Capital currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is 1.9%.

Volume /
[Bearish]: Platinum Capital has failed to beat the previous volume by -65.6

[BEARISH]: Platinum Capital current volume downtrend in the first timeframe. Volume for PMC is 127414 (-65.6).

Moving Average Envelope /
[Bullish]: Platinum Capital current trading has maintained the Envelope Bands to oversold status

[BULLISH]: Platinum Capital current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 1.938.

Commodity Channel Index /
The current price level for Platinum Capital is maintained above the average

[BEARISH]: Platinum Capital current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is 267. The bearish signal has been active for 0 day. During the quarter, the highest CCI value was 267.

William %R Overbought signal had been maintained for Platinum Capital
Williams %R /
William %R Overbought signal had been maintained for Platinum Capital

PMC: William %R Recent Trading -> (1) 22 Jun: 0 (2) 21 Jun: -11.1 (3) 20 Jun: -66.7

[Low Stress]: Low drawdown associated with recent trading of PMC
Ulcer Index /
[Low Stress]: Low drawdown associated with recent trading of PMC

[BEARISH]: Platinum Capital UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.77.

Simple Moving Average /
[Bullish]: SMA(5) is serving as a support line for Platinum Capital

PMC: SMA Recent Trading -> (1) 22 Jun: 2.058 (2) 21 Jun: 2.042 (3) 20 Jun: 2.04

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