PIEDMONT LITHIUM INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	PLL
ISIN:

PIEDMONT LITHIUM INC. - Daily - Technical analysis published on 01/20/2021 (GMT)

Timeframe : Daily
- Analysis generated on
Status : WITHOUT TARGET

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 42.84 USD

My targets

My analysis

PIEDMONT LITHIUM is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 42.84 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

9.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by sergio ronconi. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The PIEDMONT LITHIUM rating is 46.83 USD. The price has increased by +1.52% since the last closing with the lowest point at 46.63 USD and the highest point at 49.79 USD. The deviation from the price is +0.43% for the low point and -5.94% for the high point.

46.63

49.79

46.83

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by PIEDMONT LITHIUM:

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of PIEDMONT LITHIUM in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 17 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily

CCI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	29.71	34.97	42.84	46.83
Change (%)	-36.56%	-25.33%	-8.52%	-
Change	-17.12	-11.86	-3.99	-
Level	Minor	Intermediate	Major	-

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	33.65	35.34	38.12	39.81	42.60	44.29	47.07
Camarilla	39.68	40.09	40.50	40.91	41.32	41.73	42.14
Woodie	34.20	35.61	38.67	40.09	43.15	44.56	47.62
Fibonacci	35.34	37.05	38.10	39.81	41.52	42.58	44.29

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26.24	29.41	35.16	38.33	44.08	47.25	53.00
Camarilla	38.46	39.28	40.09	40.91	41.73	42.55	43.36
Woodie	27.53	30.06	36.45	38.98	45.37	47.90	54.29
Fibonacci	29.41	32.82	34.92	38.33	41.74	43.84	47.25

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	14.49	19.02	22.79	27.32	31.09	35.62	39.39
Camarilla	24.27	25.03	25.79	26.55	27.31	28.07	28.83
Woodie	14.10	18.83	22.40	27.13	30.70	35.43	39.00
Fibonacci	19.02	22.19	24.15	27.32	30.49	32.45	35.62

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	78.22
MACD (12,26,9):	3.7100
Directional Movement:	35.52
AROON (14):	92.86
DEMA (21):	37.97
Parabolic SAR (0,02-0,02-0,2):	34.24
Elder Ray (13):	9.51
Super Trend (3,10):	33.62
Zig ZAG (10):	46.13
VORTEX (21):	1.1900
Stochastique (14,3,5):	92.42
TEMA (21):	40.47
Williams %R (14):	-9.85
Chande Momentum Oscillator (20):	18.64
Repulse (5,40,3):	17.9800
ROCnROLL:	1
TRIX (15,9):	1.1100
Courbe Coppock:	73.65

MA7:	37.87
MA20:	33.28
MA50:	29.19
MA100:	23.93
MAexp7:	38.95
MAexp20:	33.77
MAexp50:	29.39
MAexp100:	24.51
Price / MA7:	+23.66%
Price / MA20:	+40.72%
Price / MA50:	+60.43%
Price / MA100:	+95.70%
Price / MAexp7:	+20.28%
Price / MAexp20:	+38.73%
Price / MAexp50:	+59.41%
Price / MAexp100:	+91.15%

Quotes : 2021-01-20 14:48:42 - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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