PIEDMONT LITHIUM INC. - Weekly - Technical analysis published on 05/01/2023 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Additional analysis
Quotes
PIEDMONT LITHIUM INC. rating 0.855 AUD. The price is up +7.55% over 5 days and was traded between 0.825 AUD and 0.855 AUD over the period. The price is currently at +3.64% from its lowest point and 0% from its highest point.A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this Weekly chart of PIEDMONT LITHIUM INC. indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. The overall trend seems to be showing some signs of weakness, as do the tentative bullish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Weekly
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Weekly
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Weekly
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Weekly
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 5 are neutral and 7 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Aroon indicator bearish trend
Type : Bearish
Timeframe : Weekly
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : Weekly
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.485 | 0.603 | 0.765 | 0.855 | 0.945 | 1.050 | 9.000 |
Change (%) | -43.27% | -29.47% | -10.53% | - | +10.53% | +22.81% | +952.63% |
Change | -0.370 | -0.252 | -0.090 | - | +0.090 | +0.195 | +8.145 |
Level | Major | Major | Intermediate | - | Intermediate | Major | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.830 | 0.835 | 0.845 | 0.850 | 0.860 | 0.865 | 0.875 |
Camarilla | 0.851 | 0.852 | 0.854 | 0.855 | 0.856 | 0.858 | 0.859 |
Woodie | 0.833 | 0.836 | 0.848 | 0.851 | 0.863 | 0.866 | 0.878 |
Fibonacci | 0.835 | 0.841 | 0.844 | 0.850 | 0.856 | 0.859 | 0.865 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.652 | 0.718 | 0.757 | 0.823 | 0.862 | 0.928 | 0.967 |
Camarilla | 0.766 | 0.776 | 0.785 | 0.795 | 0.805 | 0.814 | 0.824 |
Woodie | 0.638 | 0.711 | 0.743 | 0.816 | 0.848 | 0.921 | 0.953 |
Fibonacci | 0.718 | 0.758 | 0.783 | 0.823 | 0.863 | 0.888 | 0.928 |
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.543 | 0.647 | 0.768 | 0.872 | 0.993 | 1.097 | 1.218 |
Camarilla | 0.828 | 0.849 | 0.869 | 0.890 | 0.911 | 0.931 | 0.952 |
Woodie | 0.553 | 0.651 | 0.778 | 0.876 | 1.003 | 1.101 | 1.228 |
Fibonacci | 0.647 | 0.733 | 0.786 | 0.872 | 0.958 | 1.011 | 1.097 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
RSI (14): | 49.00 | |
MACD (12,26,9): | -0.0050 | |
Directional Movement: | 9.311 | |
AROON (14): | -35.715 | |
DEMA (21): | 0.841 | |
Parabolic SAR (0,02-0,02-0,2): | 1.053 | |
Elder Ray (13): | -0.020 | |
Super Trend (3,10): | 0.725 | |
Zig ZAG (10): | 0.825 | |
VORTEX (21): | 0.9180 | |
Stochastique (14,3,5): | 17.33 | |
TEMA (21): | 0.823 | |
Williams %R (14): | -77.61 | |
Chande Momentum Oscillator (20): | -0.140 | |
Repulse (5,40,3): | -7.8590 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.1490 | |
Courbe Coppock: | 1.46 |
MA7: | 0.830 | |
MA20: | 0.824 | |
MA50: | 0.864 | |
MA100: | 0.845 | |
MAexp7: | 0.822 | |
MAexp20: | 0.841 | |
MAexp50: | 0.827 | |
MAexp100: | 0.764 | |
Price / MA7: | +3.01% | |
Price / MA20: | +3.76% | |
Price / MA50: | -1.04% | |
Price / MA100: | +1.18% | |
Price / MAexp7: | +4.01% | |
Price / MAexp20: | +1.66% | |
Price / MAexp50: | +3.39% | |
Price / MAexp100: | +11.91% |
News
Don't forget to follow the news on PIEDMONT LITHIUM INC.. At the time of publication of this analysis, the latest news was as follows:
- Piedmont Lithium Completes Phase 2 Drilling Program And Announces Further High-Grade Assay Results
- Piedmont Commences Trading In The United States And Admitted To Nasdaq International Designation
- Piedmont Lithium Limited to Present at the Cathodes 2017 Conference
- Four Kilometers of Mineralization Confirmed at the Piedmont Lithium Project
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