Overall PLL gets a technical rating of 5 out of 10. PLL has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
PLL has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
5.72
When analyzing the support we can see 2 important areas.
We found 1 important resistance area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for PLL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PLL is neutral. |
| ChartMill Relative Strength | 42.28 | NEUTRAL | PLL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PLL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PLL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PLL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.91 | NEUTRAL | The RSI value for PLL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests PLL has a negative trend. |
| Stochastics (14,3) | 7.01 | OVERSOLD | The low Stochastics value suggests PLL may be oversold. |
| Average True Range in percent/ATR (20) | 9.08 | HIGH VOLATILITY | The high ATR as a percentage value for PLL suggests high volalility. |
| Average Directional Index/ADX (14) | 29.25 | POSITIVE | The high ADX value value for PLL suggests a strong trend. |
7.25
-0.71 (-8.92%)
ChartMill assigns a technical rating of 5 / 10 to PLL.
The current trend direction for PIEDMONT LITHIUM INC (PLL) is Bearish.
PIEDMONT LITHIUM INC (PLL) has an RSI value of 36.9082. This indicates that the stock is currently neutral.
The MACD indicator for PIEDMONT LITHIUM INC (PLL) has a value of -0.257959, indicating a bearish trend.
PIEDMONT LITHIUM INC (PLL) has a support level at 7.24 and a resistance level at 10.03. Check the full technical report for our detailed analysis of PLL support and resistance levels.