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(PLATIND) Platinum Industries complete technical analysis [charts+indicators] | Buy/Sell Platinum Industries | (PLATIND) share price targets

Complete technical analysis of Platinum Industries (PLATIND) by charts plus indicators, forecast predictions and share price targets for Platinum Industries (PLATIND)

10 day averaged volume of Platinum Industries is 1144528

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 211.40 215.40 231.70 209.00 2.446 times
16 Thu May 2024 214.55 224.95 228.90 210.40 1.475 times
15 Wed May 2024 222.65 216.50 229.50 208.45 1.48 times
14 Tue May 2024 210.85 209.00 215.55 206.00 0.354 times
13 Mon May 2024 206.70 214.40 214.80 203.95 0.398 times

Stock of Platinum Industries (PLATIND) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 204.1 or till 192.6. Use a stoploss of 213.61 and if the stock hits stoploss, then it can shoot up till 223.17

Share price targets for Platinum Industries (PLATIND)

Target Type Value
Downside Target 169.30
Downside Target 180.10
Downside Target 187.20
Downside Target 203.95
Upside Target 212.00
Upside Target 224.00
Upside Target 228.95
Upside Target 231.70
Upside Target 233.10

Intraday share price targets for Platinum Industries (PLATIND)

Target Type Value
Downside Intraday Target 199.67
Downside Intraday Target 187.93
Upside Intraday Target 227.42
Upside Intraday Target 243.43
Upside Intraday Target 215.68

Weekly technical analysis of Platinum Industries (PLATIND)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 211.40 214.40 231.70 203.95 1.599 times
10 Fri May 2024 213.80 223.60 228.95 204.80 1.004 times
03 Fri May 2024 221.90 222.00 233.10 213.30 0.793 times
26 Fri Apr 2024 218.95 189.00 224.00 187.20 7.144 times
19 Fri Apr 2024 184.55 180.10 188.70 180.10 0.948 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Platinum Industries (PLATIND)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 211.40 222.00 231.70 203.95 0.679 times
30 Tue Apr 2024 219.45 171.10 233.10 171.10 3.891 times
28 Thu Mar 2024 171.40 193.80 212.00 169.30 0 times
01 Thu Jan 1970 0 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Platinum Industries (PLATIND)

Indicator Name Indicator Value Indicator Signal
ADX 20, 11, 30 Buy
MACD 22, 3Buy
Stochastics 47None
CCI 39Sell
RSI 52Buy
OBV 3563237Sell
VWAP 215Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Platinum Industries ( (PLATIND) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Platinum Industries ( (PLATIND) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Platinum Industries ( (PLATIND) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Platinum Industries ( (PLATIND) ) based on a mid to longer term time period is

ADX buy sell signal for Platinum Industries stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Platinum Industries in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Platinum Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Platinum Industries in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Platinum Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 214.67 and Platinum Industries (PLATIND) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Platinum Industries (PLATIND) stock. Volume based technical analysis of Platinum Industries (PLATIND) stock is negative.

Platinum Industries Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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