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

Platinum Asset Management
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PTM: SWMA(15) has moved above the SWMA(30) @$7.525
Sine Weighted Moving Average /
PTM: SWMA(15) has moved above the SWMA(30) @$7.525

[BULLISH]: Platinum Asset Management 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 0.2%.

[Uptrend]: Recent trading for PTM indicates ST trend is likely to continue
Exponential Moving Average /
[Uptrend]: Recent trading for PTM indicates ST trend is likely to continue

[BULLISH]: Platinum Asset Management 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 0.2%.

High Price /
High for PTM has not surpassed the high of the previous trading session

[BEARISH]: Platinum Asset Management current downtrend in the first timeframe. Currently, the HIGH is -1.4 %.

Momentum /
Platinum Asset Management currently has positive momentum of 0.52

[BULLISH]: Platinum Asset Management currently has positive momentum of 0.52. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 0.2%. The largest upward momentum rally for the last 3 months is 1 days producing a return of 4.8%%.

Close Tod Vs Close Yest /
Closing price for PTM ($8.29) signals buyers are still keener than sellers

[BULLISH]: Platinum Asset Managementbuyers are keener than sellers and are driving the price up. There has been 2 consecutive days of price rise for PTM adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 4.6 & the greatest daily positive change this year has been 4.6. The longest consecutive upswing rally over the last 12 months has been 5 days giving a total rally upward movement of 12.7%. This quarter, the largest upswing rally has been 2 days giving a total rally upward movement of 4.8%. 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 1.3%

Woodie Pivot Point /
Platinum Asset Management has moved above the R1 Woodie pivot point ($8.4) [Bullish]

Platinum Asset Management has broken the first Woodie resistance point ($8.4) [Bullish]. Look for a long limit order entry near this point. Exit price for PTM should be set @$8.455 & Stoploss for Platinum Asset Management should be set at $8.015

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Simple Moving Average /
Price is now trading above the Simple Moving Average(5) for PTM

[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 0.2%.

Platinum Asset Management has moved above the R1 DeMark pivot point ($8.235) [Bullish]
Demarks Pivot Points /
Platinum Asset Management has moved above the R1 DeMark pivot point ($8.235) [Bullish]

Platinum Asset Management has broken the first DeMark resistance point ($8.235) [Bullish]. Look for a long limit order entry near this point. Exit price for PTM should be set @$8.4 & Stoploss for Platinum Asset Management should be set at $8.18

[Bullish]: Elder Ray Index is 0.421 indicating bull power
Elder Ray Index /
[Bullish]: Elder Ray Index is 0.421 indicating bull power

[BULLISH]: Platinum Asset ManagementElder Ray Index is signalling a Bullish movementERI is 0.421 indicating bull power. Prices are being driven above the consensus of value for PTM during the last trading session [Buying Pressure]

Opening Price /
Platinum Asset Management: Daily opening performance is 3.5 % [Uptrend]

[BULLISH]: Platinum Asset Management opening price has gapped up. Currently, the OPEN is $8.28 (3.5 %).

Rate of Change /
14-day rate of change is now increasing for Platinum Asset Management

[BULLISH CROSSOVER]: Platinum Asset Management currently has positive rate of change of 9.2%. 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

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 2 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 113 trading days with the closing price in the upper part of the range giving a confirmation ratio of 43.3%. Over the last month there has been 8 trading days with the closing price in the upper range giving a confirmation ratio of 100%. Currently this quarter, closing price has spent 8 days in the upper price range compared to 7 days in the lower range giving a ratio of 1.1x.

Platinum Asset Management: Detrended Price Oscillator(20) is 0.857 [Bullish Crossover]
Detrended Price Oscillator /
Platinum Asset Management: Detrended Price Oscillator(20) is 0.857 [Bullish Crossover]

[BULLISH]: Platinum Asset Management currently has a confirmed uptrend. Price is currently above the displaced moving average for PTMCurrently, the return on DPO20 is 0.2%.

[Bullish]: WMA(30) is serving as a support line for Platinum Asset Management
Weighted Moving Average /
[Bullish]: WMA(30) is serving as a support line for Platinum Asset Management

[BULLISH]: Platinum Asset Management 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 0.2%.

Money Flow Index /
Platinum Asset Management MFI selling pressure has been relieved

PTM: MFI Current Signal -> (1) 11 Jan: BULLISH CROSSUNDER (2) 11 Jan: BEARISH CROSSOVER (3) 11 Jan: NEUTRAL

Commodity Channel Index /
PTM: Commodity Channel Index has now confirmed overbought trading conditions

[BEARISH CROSSOVER]: Platinum Asset Management current price has driven Commodity Channel Index to become overbought signalling the start of bearish trading conditions. Currently, the CCI is 186. During the quarter, the highest CCI value was 206. The last overbought signal occurred on Dec 28 2017

Aroon Oscillator /
Platinum Asset Management has signalled an Aroon trend present [Strong Uptrend]

PTM: Aroon Oscillator Current Signal -> (1) 11 Jan: BULLISH STRONG (2) 11 Jan: BEARISH STRONG (3) 11 Jan: BULLISH STRONG

Platinum Asset Management has reached a higher closing price of $8.29 (0.2 %)
Closing Price /
Platinum Asset Management has reached a higher closing price of $8.29 (0.2 %)

[BULLISH]: Platinum Asset Management current uptrend in the first timeframe. Currently, the Close is $8.29.

Price & volume confirms continued buying pressure for Platinum Asset Management is likely
Elders Force Index /
Price & volume confirms continued buying pressure for Platinum Asset Management is likely

PTM: Elders Force Index Current Signal -> (1) 11 Jan: BULLISH (2) 11 Jan: BULLISH CROSSOVER (3) 11 Jan: BEARISH

Recent trading for Platinum Asset Management fell short of the previous price range ($0.22)
Price Range /
Recent trading for Platinum Asset Management fell short of the previous price range ($0.22)

[BEARISH]: Platinum Asset Management current downtrend in the first timeframe. Currently, the Range is $0.22.

Volume Rate of Change /
Platinum Asset Management has initiated a positive volume rate of change of 24

[BULLISH CROSSOVER]: Platinum Asset Management currently has positive volume of change of 24%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 0.2%.

Williams %R /
William %R oversold signal has just been neutralized for Platinum Asset Management

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

Relative Strength Index /
PTM: Relative Strength Index has just risen above the overbought limit @82.7891

[BEARISH]: Platinum Asset Management is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. RSI is currently overbought @82.7891

Open Tod Vs Close Tod /
Open/close reversal: Sellers have lost control during the trading day for Platinum Asset Management

[BULLISH]: Platinum Asset Management opened in the upper part of daily range at 95.5% & 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 18 trading days with the opening price in the upper shadow & the closing the price in the upper shadow giving a confirmation ratio of 6.9%. Over the last month there has been 1 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 12.5%.

[Uptrend]: Average True Range (0.175) uptrend has been confirmed for PTM
Average True Range /
[Uptrend]: Average True Range (0.175) uptrend has been confirmed for PTM

[Bullish]: Average True Range has confirmed an uptrend is present. Platinum Asset Management has a TR of 0.22, and an ATR(14) of 0.175.

Platinum Asset Management is no longer oversold with the Stochastic Oscillator @86.5
Stochastic Oscillator /
Platinum Asset Management is no longer oversold with the Stochastic Oscillator @86.5

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

Short White Candle /
PTM Basic Candle: Short White

[BULLISH WEAK]: Platinum Asset Management has formed a Short White candlestick. This means, PTM has limited price movement derived from weak buying pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

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