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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Triangular Moving Average(5) signal is confirmed for Platinum Asset Management indicating upward price movement is likely
Triangular Moving Average /
Triangular Moving Average(5) signal is confirmed for Platinum Asset Management indicating upward price movement is likely

[BULLISH]: Platinum Asset Management 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 2.8%.

PTM Basic Candle: White Opening Marubozu
White Opening Marubozu /
PTM Basic Candle: White Opening Marubozu

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

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 ($5.6460) [Bullish]. Look for a long limit order entry near this point. Exit price for PTM should be set @$5.7230 & Stoploss for Platinum Asset Management should be set at $5.3030

Medium Trend /
Platinum Asset Management: 2nd timeframe trend Downtrend remains intact

[BEARISH]: Platinum Asset Management has a medium timeframe downtrend confirmation. This was confirmed through a price breakout on the Apr 19 2018.

Pivot Reversal /
A short term Pivot Reversal has formed with Platinum Asset Management

PTM: Bar Reversal Current Signal -> (1) 24 Apr: BULLISH (2) 23 Apr: NEUTRAL (3) 24 Apr: BEARISH

Moving Average Envelope /
[NEUTRAL]: Platinum Asset Management current trading has closed out Envelope Bands to oversold status

[NEUTRAL]: Platinum Asset Management current trading has closed out Envelope Bands to oversold status and signalled the initiation of normal trading conditions. Currently, the Lower Band is 5.4150.

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Range Tod Vs Range Yest /
Buyers are now increasingly eager for Platinum Asset Management & the price range is expanding

[BULLISH]: Platinum Asset Managementbuyers are increasingly eager. This is the first day buyers have increased eagerness for PTM adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.5450. & the greatest daily price range this year has been $3.4050. The price range ratio this week versus the quarterly price range is 0.4000000000000000000x & the price range ratio this month versus the year to date price range is 0.2000000000000000000x.

Normal trading conditions are continued for Platinum Asset Management
Commodity Channel Index /
Normal trading conditions are continued for Platinum Asset Management

[NEUTRAL]: Platinum Asset Management current trading has closed out Commodity Channel Index to oversold status and signalled the initiation of normal trading conditions. Currently, the CCI is -66.0000. The previous bullish signal was active for 0 day. During the quarter, the lowest CCI value was -181.

Recent downward trend has increased drawdown exposure associated with Platinum Asset Management
Ulcer Index /
Recent downward trend has increased drawdown exposure associated with Platinum Asset Management

[BULLISH]: Platinum Asset Management UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 7.0890.

Opening Price /
Weak opening from PTM has seen an decrease of -1.6 % [Downtrend]

[BEARISH]: Platinum Asset Management opening price has gapped down. Currently, the OPEN is $5.3800 (-1.6 %).

Momentum /
5-day momentum is now increasing for Platinum Asset Management

PTM: MOM Current Signal -> (1) 24 Apr: BULLISH CROSSOVER (2) 23 Apr: BEARISH CROSSOVER (3) 24 Apr: BULLISH CROSSOVER

Volume /
[Bearish]: Platinum Asset Management has failed to beat the previous volume by -17.8

PTM: VOLUME Current Signal -> (1) 24 Apr: BEARISH (2) 23 Apr: BEARISH (3) 20 Apr: BEARISH

The MACD continues to rise above the signal line for PTM [Bullish]
MACD /
The MACD continues to rise above the signal line for PTM [Bullish]

[BULLISH]: Platinum Asset Management currently has positive MACD of 0.0250. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 0.8%.

Platinum Asset Management: Coles Rally Day has been confirmed
Coles Reaction Day /
Platinum Asset Management: Coles Rally Day has been confirmed

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 price is $5.5900 [Higher High]

[BULLISH]: Platinum Asset Management current uptrend in the first timeframe. Currently, the HIGH is 2.2 %.

Ease of Movement /
Recent trading was only supported by high volume for Platinum Asset Management

PTM: EOM Current Signal -> (1) 24 Apr: BULLISH HARD (2) 23 Apr: BEARISH HARD (3) 24 Apr: BULLISH EASY

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

Platinum Asset Management has broken the first DeMark resistance point ($5.5250) [Bullish]. Look for a long limit order entry near this point. Exit price for PTM should be set @$5.6700 & Stoploss for Platinum Asset Management should be set at $5.4600

Market conditions are indicating OBV distribution is current for PTM
On Balance Volume /
Market conditions are indicating OBV distribution is current for PTM

PTM: OBV Current Signal ->(1) 24 Apr: BEARISH (2) 23 Apr: BEARISH (3) 24 Apr: BEARISH

Recent trading highlights continued selling pressure is present for PTM
Elders Force Index /
Recent trading highlights continued selling pressure is present for PTM

[BEARISH]: Platinum Asset Management current price has highlighted recent selling pressure. Currently, the Elders Force Index is -42477.0000.

[NEUTRAL]: Platinum Asset Management current trading has closed out the Stochastic Oscillator to oversold status
Stochastic Oscillator /
[NEUTRAL]: Platinum Asset Management current trading has closed out the Stochastic Oscillator to oversold status

PTM: Stochastic Oscillator Signal -> (1) 24 Apr: BULLISH CROSSUNDER (2) 23 Apr: BULLISH (3) 20 Apr: BEARISH CROSSOVER

Price Range /
Platinum Asset Management: Daily price tange is $0.2100 [Increasing Range]

[BULLISH]: Platinum Asset Management current uptrend in the first timeframe. Currently, the Range is $0.2100.

Sine Weighted Moving Average /
Platinum Asset Management is in a short term uptrend with the support price @$5.465

[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 2.8%.

Accumulation / Distribution /
Platinum Asset Management: Confirmation of stock distribution

[BEARISH]: Platinum Asset Management current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -9069327.0000. day.

Chaikin Money Flow /
Platinum Asset Management continues negative divergence & potential shift in direction

[BEARISH]: Platinum Asset Management current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.2900. PTM received a confirmed CMF crossover days on the Apr 12 2018.The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.32 occurring on the Apr 12 2018.

DVI: Distribution still active for Platinum Asset Management
Daily Volume Index /
DVI: Distribution still active for Platinum Asset Management

[BEARISH]: Platinum Asset Management current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -6138.0000.

Platinum Asset Management: Daily low price is $5.3800 [Lower Low]
Low Price /
Platinum Asset Management: Daily low price is $5.3800 [Lower Low]

[BEARISH]: Platinum Asset Management current uptrend in the first timeframe. Currently, the Low is $5.3800 (0.4 %).

Aroon Oscillator /
[Downtrend]: Aroon oscillator (-76.0000) strong downtrend has been confirmed for PTM

[BEARISH]: Platinum Asset Management has a current ARO(25) of -76.0000. This has change 0.0000 points from yesterday.

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