Homepage Active Options Active Stocks

Stock analysis Platinum Industries Ltd PLATIND

More indepth analysis on MunafaSutra.com

Moving Averages for Platinum Industries Ltd

  • 5Day Average: 421.1
  • 12Day Average: 432.99
  • 20Day Average: 430.23
  • 50Day Average: 410.35
  • 100Day Average: 369.13
  • 150Day Average: 314.9

PLATIND Indicators & signals

Indicator MACD (12,26,9)

428.12, 424.43, 7.24
Indicator MACD is in positive zone

Indicator ADX (14)

14.86, 19.25, 25.96
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of PLATIND Platinum Industries Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Tue Nov 2024 423.50 417.40 to 437.20 0.17% 0.63 times
18 Mon Nov 2024 422.80 405.85 to 425.00 2.27% 0.47 times
14 Thu Nov 2024 413.40 388.55 to 426.55 -0.13% 1.5 times
13 Wed Nov 2024 413.95 406.05 to 435.00 -4.14% 0.94 times
12 Tue Nov 2024 431.85 428.95 to 453.90 -2.58% 0.51 times
11 Mon Nov 2024 443.30 428.55 to 454.95 -0.38% 0.93 times
08 Fri Nov 2024 445.00 441.20 to 470.20 -3.38% 1.06 times
07 Thu Nov 2024 460.55 451.85 to 468.95 2.16% 1.37 times
06 Wed Nov 2024 450.80 436.00 to 459.05 3.84% 1.77 times
05 Tue Nov 2024 434.15 418.15 to 437.80 3.2% 0.82 times
04 Mon Nov 2024 420.70 417.70 to 437.85 -3.48% 0.63 times
01 Fri Nov 2024 435.85 431.05 to 445.70 0.03% 0.36 times

Technical analysis forecast for Platinum Industries Ltd Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Platinum Industries Ltd PLATIND at this time. Stock is falling and might fall more.

It appears as if Platinum Industries Ltd PLATIND gave a large move recently.

Stock of Platinum Industries Ltd (PLATIND) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Platinum Industries Ltd is bearish for shortterm, and stock might move down till 413 or till 396.5. Use a stoploss of 426.83 and if the stock hits stoploss, then it can shoot up till 440.62

More indepth analysis on MunafaSutra.com