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Stock analysis Platinum Industries Ltd PLATIND

More indepth analysis on MunafaSutra.com

Moving Averages for Platinum Industries Ltd

  • 5Day Average: 404.47
  • 12Day Average: 417.68
  • 20Day Average: 433.76
  • 50Day Average: 437.67
  • 100Day Average: 422.37
  • 150Day Average: 372.25
  • 200Day Average: 329.89

PLATIND Indicators & signals

Indicator MACD (12,26,9)

416.56, 428.67, -6.19
Indicator MACD is in negative zone

Indicator ADX (14)

41.05, 13.58, 32.49
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 44
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
10 Fri Jan 2025 375.75 372.50 to 397.45 -5.55% 1.64 times
09 Thu Jan 2025 397.85 395.15 to 421.25 -4.07% 1.34 times
08 Wed Jan 2025 414.75 408.00 to 425.00 -1.29% 0.78 times
07 Tue Jan 2025 420.15 414.05 to 425.60 1.52% 0.7 times
06 Mon Jan 2025 413.85 411.10 to 444.00 -6.01% 1.66 times
03 Fri Jan 2025 440.30 430.05 to 443.80 2.38% 0.95 times
02 Thu Jan 2025 430.05 426.70 to 436.90 -1.19% 0.81 times
01 Wed Jan 2025 435.25 425.90 to 439.00 2.63% 0.55 times
31 Tue Dec 2024 424.10 418.35 to 428.00 0.41% 0.79 times
30 Mon Dec 2024 422.35 420.00 to 433.40 -0.66% 1.39 times
27 Fri Dec 2024 425.15 413.80 to 427.80 3.05% 1.03 times
26 Thu Dec 2024 412.55 411.00 to 438.00 -5.02% 1.77 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, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for Platinum Industries Ltd is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 365.5, for a target of 398.2 or 425.37

More indepth analysis on MunafaSutra.com