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

Premier Investments
+ Share

Closing price for PMV ($13.7) signals sellers are still keener than buyers
Close Tod Vs Close Yest /
Closing price for PMV ($13.7) signals sellers are still keener than buyers

[BEARISH]: Premier Investmentssellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for PMV adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -1.7 & the greatest daily negative change this year has been -4.3. The longest consecutive downswing rally over the last 12 months has been 2 days giving a total rally downward movement of -4.3%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -2.6%. The loss ratio for price rise in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1x. Over the last month the average daily downward movement has been -0.7%

Sine Weighted Moving Average(5) signal continues for Premier Investments indicating downward price movement is likely
Sine Weighted Moving Average /
Sine Weighted Moving Average(5) signal continues for Premier Investments indicating downward price movement is likely

[BEARISH]: Premier Investments currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.4%.

Ulcer Index /
Ulcer index has fallen as the price rises for Premier Investments

[BEARISH]: Premier Investments UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.302.

High Price /
Premier Investments: Daily high price is $13.75 [Lower High]

[BEARISH]: Premier Investments current downtrend in the first timeframe. Currently, the HIGH is -1.8 %.

Triangular Moving Average /
PMV: Price continues to move below the TMA(5) @$13.858

[BEARISH]: Premier Investments 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 -0.4%.

Open Tod Vs Close Tod /
Open/close reversal: Buyers have lost commitment during the trading day for Premier Investments

[BULLISH WEAK]: Premier Investments opened in the lower part of daily range at 0% & closed in the middle part of the trading range at 50%. This suggests the buyers have lost commitment. Over the last 12 months there has been 31 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 11.8%. 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 middle price range giving a confirmation ratio of 16.7%.

Top companies for
Australian Stock Exchange
Advertisment
Positive ROC for PMV is a leading indicator for continued price rise
Rate of Change /
Positive ROC for PMV is a leading indicator for continued price rise

PMV: ROC Recent Trading -> (1) 20 Nov: 3.474 (2) 17 Nov: 4.242 (3) 20 Nov: -28.667

Premier Investments: MACD (-0.002200)
MACD /
Premier Investments: MACD (-0.002200)

PMV: MACD Recent Trading -> (1) 20 Nov: -0.002200 (2) 17 Nov: 0.020900 (3) 20 Nov: -0.018100

Moving Average Envelope /
Oversold signal for the Lower Envelope band is still current for Premier Investments

[BULLISH]: Premier Investments current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 12.8155.

Volume Rate of Change /
Premier Investments has initiated a positive volume rate of change of 7

[BULLISH CROSSOVER]: Premier Investments currently has positive volume of change of 7%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.4%.

Daily trading has confirmed an Aroon strong uptrend (64) for Premier Investments
Aroon Oscillator /
Daily trading has confirmed an Aroon strong uptrend (64) for Premier Investments

[BULLISH]: Premier Investments has a current ARU(25) of 76 and a current ARD(25) of 12

Stoploss for Premier Investments should be set at $0.97
Fibonacci Extensions /
Stoploss for Premier Investments should be set at $0.97

Premier Investments has moved above the 161.8% level ($0.92) [Bearish]. Look for a short limit order entry near this point. Exit price for PMV should be set @$0.87 & short position stoploss for Premier Investments should be set at $0.97

MACD Volume /
The Volume MACD continues to fall below the signal line for PMV [Bearish]

[BEARISH]: Premier Investments currently has negative Volume MACD of -11793. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Price Range /
Premier Investments: Daily price range is $0.1 [Decreasing Range]

[BEARISH]: Premier Investments current downtrend in the first timeframe. Currently, the Range is $0.1.

White Candle /
PMV Basic Candle: White

[BULLISH]: Premier Investments has formed a White candlestick. Normal buying pressure highlighting buyers were in control.

Negative momentum for Premier Investments is a leading indicator for continued price falls
Momentum /
Negative momentum for Premier Investments is a leading indicator for continued price falls

[BEARISH]: Premier Investments currently has negative momentum of -0.21 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -0.4%.The largest downward momentum rally for the last 3 months is 3 days producing a return of -2.6%%.

Premier Investments has failed to achieve a lower low of $13.65 (-0.8 %)
Low Price /
Premier Investments has failed to achieve a lower low of $13.65 (-0.8 %)

PMV: LOW Current Signal -> (1) 20 Nov: BEARISH (2) 17 Nov: BULLISH (3) 16 Nov: BEARISH

Premier Investments: Closed Window
Closed Window /
Premier Investments: Closed Window

[BEARISH]: Premier Investments has Gapped Down on previous bar.

Average True Range /
Average True Range for Premier Investments has signalled an downtrend is active

[Bearish]: Average True Range has confirmed an downtrend is present. Premier Investments has a TR of 0.11, and an ATR(14) of 0.25.

Pivot Points /
[Short]: Limit orders for Premier Investments should be set at $13.65

Premier Investments has broken the first support point ($13.65) [Bearish]. Look for a short limit order entry near this point. Exit price for PMV should be set @$13.6 & short position stoploss for Premier Investments should be set between $13.8 & $13.85

Gap Down /
A short term Gap Down has formed with Premier Investments

[BULLISH]: A short term Gap Down has formed with Premier Investments which confirms the presence of a bullish bar reversal. Over the last 12 months there have been 13 occurrences of this bar reversal giving a signal probability of 4.9%.

On Balance Volume /
PMV: Current trading activity signals OBV accumulation is active

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

Recent trading for Premier Investments fell short of the previous close by -0.4 %
Closing Price /
Recent trading for Premier Investments fell short of the previous close by -0.4 %

[BEARISH]: Premier Investments current downtrend in the first timeframe. Currently, the Close is $13.7.

A Piercing Pattern (Bullish) candlestick pattern has been detected for Premier Investments (PMV).
Piercing /
A Piercing Pattern (Bullish) candlestick pattern has been detected for Premier Investments (PMV).

[BULLISH]: Premier Investments has formed a new Bullish Piercing reversal pattern. This means, PMV has been in a short term downtrend with a black candle which is followed by a strong gap down on open but closes in the upper half of the previous candle. This indicates after a very weak open the bulls have taken control on the close and highlights a potential trend change in the upward direction.

Range Tod Vs Range Yest /
Sellers are now less eager for Premier Investments given the price range is contracting

PMV: Range today versus range yesterday Current Signal ->(1) 20 Nov: BEARISH (2) 17 Nov: BEARISH (3) 20 Nov: BULLISH

See More   See more results
Advertisment
Advertisment
back to top