PIEDMONT LITHIUM INC (PLL)

US72016P1057 - Common Stock

8.805  +0.34 (+4.08%)

Premarket: 8.9 +0.1 (+1.08%)

Technical Rating and Analysis

0

Taking everything into account, PLL scores 0 out of 10 in our technical rating. PLL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, PLL is a bad performer in the overall market: 92% of all stocks are doing better.
PLL is one of the lesser performing stocks in the Metals & Mining industry. 87% of 155 stocks in the same industry do better.
PLL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PLL has a been trading in the 8.37 - 13.09 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Weekly and Daily overview Charts
PLL Weekly chart
PLL Daily chart
Setup Rating and Analysis

3

The technical rating of PLL is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

8.38

13.78

We found 2 important support areas.

  • Support @8.73 from a horizontal line in the weekly time frame.
  • Support @8.46 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

  • Resistance @12.43 from a trend line in the daily time frame.
  • Resistance @12.86 from a trend line in the daily time frame.
  • A resistance zone ranging from 13.53 to 13.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.41
Mansfield-3.64
10 Day High12.15
10 Day Low8.37
20 Day High13.09
20 Day Low8.37
52 Week High29.5
52 Week Low6.57
Performance
1 Week-10.61%
2 Weeks-28.06%
1 Month-33.24%
3 Month-3.56%
6 Month-11.77%
12 Month-68.81%
2 Year-80%
3 Year-83.22%
5 Year6.59%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.33
RSI(14)33.03
LBB7.66
UBB13.3
PLL Daily chart

PIEDMONT LITHIUM INC

NASDAQ:PLL (12/24/2024, 7:32:01 PM)

Premarket: 8.9 +0.1 (+1.08%)

8.805

+0.34 (+4.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg4.08%
1 Week-10.61%
2 Weeks-28.06%
1 Month-33.24%
3 Month-3.56%
6 Month-11.77%
12 Month-68.81%
2 Year-80%
3 Year-83.22%
5 Year6.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.83
ATR(20)%9.1%
ATR Inc-31.49%
Range Today0.6
ADR(20)0.75
ADR(20)%8.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.41
Mansfield-3.64
10 Day High12.15
10 Day Low8.37
20 Day High13.09
20 Day Low8.37
52 Week High29.5
52 Week Low6.57
CS1 End8.73
CR1 Start12.43
Volume & EV
DER(3)1.83%
DER(5)-0.23%
Volume389.00K
Volume Incr-10.92%
Vol(5)584.84K
Vol(50)802.36K