|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Pilbara Minerals (PLS.AX)
Trading: SELL @ $0.34
Signal Strength: MEDIUM
Pilbara Minerals (ASX:PLS) currently has negative momentum of -0.01 This means the current price is less than the price 14 days ago and therefore losing momentum.
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement
Momentum measures the rate of change in closing prices and is used to detect trend weakness and likely reversal points. It is often underrated because of its simplicity. High Momentum readings (positive or negative) occur when a trend is at its strongest. Lower readings are found at the start and end of trends. Overbought and oversold levels are set separately for each security based on the performance of the indicator over past cycles.
Calculation: Momentum Oscillator (MOM):
1) Closing Price [today] - Closing Price [n days ago];
PROFILE: Pilbara Minerals (PLS.AX)
Stock Exchange: ASX
Company: Pilbara Minerals
Ticker Codes: | PLS.AX | ASX:PLS |
Pilbara Minerals Limited engages in the exploration, evaluation, and development of mineral resources in Australia. It focuses on the development of Pilgangoora Lithium-Tantalum Project located in the Pilbara region of Western Australia. Pilbara Minerals Limited has a strategic relationship with POSCO Cements. The company is headquartered in West Perth, Australia.
|EVO Evolve Education||0.11||13.4||18,450,828||-0.02||BEARISH|
|CUV Clinuvel Pharmaceuticals||24.96||4.9||217,923||-2.29||BEARISH|
|CHC Charter Hall||11.55||4.4||3,137,465||-1.19||BEARISH|
|AKP Audio Pixels Holdings||19.15||4.1||37,591||-0.28||BEARISH|
|OMH OM Holdings||0.53||3.9||482,176||-0.13||BEARISH|