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

Platinum Asset Management
+ Share

Platinum Asset Management: Momentum(5)
Momentum /
Platinum Asset Management: Momentum(5)

[BULLISH]: Platinum Asset Management currently has positive momentum of 0.77. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 1.9%. The largest upward momentum rally for the last 3 months is 11 days producing a return of 18.2%%.

PTM: Current trading activity signals DVI accumulation is active
Daily Volume Index /
PTM: Current trading activity signals DVI accumulation is active

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

Close Tod Vs Close Yest /
Platinum Asset Management: Share price rise (1.9% signals buyers are still keener than sellers

[BULLISH]: Platinum Asset Managementbuyers are keener than sellers and are driving the price up. There has been 3 consecutive days of price rise for PTM adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 4.9 & the greatest daily positive change this year has been 10.7. The longest consecutive upswing rally over the last 12 months has been 6 days giving a total rally upward movement of 19.7%. This quarter, the largest upswing rally has been 3 days giving a total rally upward movement of 9.1%. The win ratio for price rise in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1.1x. Over the last month the average daily upward movement has been 2.4%

Exponential Moving Average /
The EMA trend following signal is still current for Platinum Asset Management [Bullish]

PTM: EMA(5) Current Signal -> (1) 17 Oct: BEARISH (2) 16 Oct: BEARISH (3) 13 Oct: BEARISH

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

Platinum Asset Management has broken the first Woodie resistance point ($7.53) [Bullish]. Look for a long limit order entry near this point. Exit price for PTM should be set @$7.58 & Stoploss for Platinum Asset Management should be set at $7.22

PROFIT /
Platinum Asset Management: Turnover is $333.32M

Platinum Asset Management Key financial metrics: (1) Revenue: $333.32M (2) EBITDA: $284.13M (3) Price-Sales ratio: 12.81

Top companies for
Australian Stock Exchange
Advertisment
Relative Strength Index /
Relative Strength overbought signal has just been neutralized for Platinum Asset Management

[BEARISH]: Platinum Asset Management is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. RSI is currently overbought @90.2442

Platinum Asset Management: Percentage Volume Oscillator (16.2)
Percentage Volume /
Platinum Asset Management: Percentage Volume Oscillator (16.2)

[BULLISH]: Platinum Asset Management currently has positive PVO 16.2%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 6.2%.

William %R for PTM has crossed below the overbought limit triggering a neutral signal
Williams %R /
William %R for PTM has crossed below the overbought limit triggering a neutral signal

PTM: William %R Recent Trading -> (1) 17 Oct: -0.7 (2) 16 Oct: -0 (3) 13 Oct: -1.9

Range Tod Vs Range Yest /
Platinum Asset Management: Range Performance (-14.3)

PTM: Range today versus range yesterday Recent Trading -> (1) 17 Oct: -14.3% (2) 16 Oct: 50% (3) 13 Oct: 7.7%

Demarks Pivot Points /
[Long]: Entry price for PTM should be set @$7.4025

Platinum Asset Management has broken the first DeMark resistance point ($7.4025) [Bullish]. Look for a long limit order entry near this point. Exit price for PTM should be set @$7.535 & Stoploss for Platinum Asset Management should be set at $7.355

Chaikin Money Flow /
Chaikin Oscillator is showing buying pressure for PTM

[BULLISH]: Platinum Asset Management current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.39. The bullish signal has been active for 3 days. During the quarter, the highest CMF value was 0.39

Buyers of Platinum Asset Management were in control at the market close.
Close Tod Vs Range Tod /
Buyers of Platinum Asset Management were in control at the market close.

[BULLISH]: Platinum Asset Management buyers are in control at the market close. There has been 3 consecutive days of prices closing in the upper part of the trading range for Platinum Asset Management 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 99 trading days with the closing price in the upper part of the range giving a confirmation ratio of 37.6%. Over the last month there has been 10 trading days with the closing price in the upper range giving a confirmation ratio of 83.3%. Currently this quarter, closing price has spent 10 days in the upper price range compared to 2 days in the lower range giving a ratio of 5x.

Recent trading indicates Aroon upward trend direction likely for PTM [Strong Uptrend]
Aroon Oscillator /
Recent trading indicates Aroon upward trend direction likely for PTM [Strong Uptrend]

[BULLISH]: Platinum Asset Management has a current ARO(25) of 56. This has change 4 points from yesterday.

Detrended Price Oscillator /
Platinum Asset Management: Detrended Price Oscillator(20) (1.3142)

[BULLISH]: Platinum Asset Management currently has a confirmed uptrend. Price is currently above the displaced moving average for PTMCurrently, the return on DPO20 is 1.9%.

Bollinger Bands /
Upper Bollinger Band overbought signal had been cancelled for Platinum Asset Management

[BEARISH]: Platinum Asset Management is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. The current level is 104.5% with a current width of 26.91.

Average Directional Movement /
Average Directional Index for Platinum Asset Management has signalled a strong trend is active

[Trend]: ADX for PTM has confirmed a strong trend is presentPlatinum Asset Management has an ATR(14) of 0.164, a DX of 73.56 & an ADX(14) of 40.85

[Short]: Limit orders for Platinum Asset Management should be set at $0.29
Fibonacci Extensions /
[Short]: Limit orders for Platinum Asset Management should be set at $0.29

Platinum Asset Management has moved above the 161.8% level ($0.29) [Bearish]. Look for a short limit order entry near this point. Exit price for PTM should be set @$0.45 & short position stoploss for Platinum Asset Management should be set at $0.13

Platinum Asset Management: Closing price $7.44 is above the SMA(5) @$7.162
Simple Moving Average /
Platinum Asset Management: Closing price $7.44 is above the SMA(5) @$7.162

[BEARISH]: Platinum Asset Management currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 1.9%.

MACD Volume /
Platinum Asset Management: Volume MACD @117495 [Bullish]

[BULLISH]: Platinum Asset Management currently has positive Volume MACD of 117495. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Bill Williams Market Facilitation /
Trend continuation possible for PTM from reduced trading activity

Platinum Asset Management Currently is a confirmed Fake Day. MFI indicator is up, volume is down for PTM. Trend continuation possible for PTM from reduced trading activity.

Opening Price /
Recent trading for Platinum Asset Management has opened 2.5 % lower than previous session

PTM: OPEN Current Signal -> (1) 17 Oct: BEARISH (2) 16 Oct: BULLISH (3) 13 Oct: BEARISH

Three White Soldiers /
Platinum Asset Management: Three White Soldiers

[BULLISH]: Platinum Asset Management has formed a new Three White Soldiers pattern.

The current price earnings ratio for Platinum Asset Management is 23.47
VALUE /
The current price earnings ratio for Platinum Asset Management is 23.47

Platinum Asset Management Key financial metrics: (1) EPS: $0.32 (2) P/E Ratio: 23.47

The daily range for Platinum Asset Management has achieved a higher high [Bullish]
Coles Reaction Day /
The daily range for Platinum Asset Management has achieved a higher high [Bullish]

Platinum Asset Management: Coles Rally Day has been confirmed A higher high has been achieved for last trading day for PTM

High Price /
Platinum Asset Management: Daily high performance is 2.1 % [Uptrend]

[BULLISH]: Platinum Asset Management current uptrend in the first timeframe. Currently, the HIGH is 2.1 %.

See More   See more results
Advertisment
Advertisment
back to top