Taking everything into account, PLL scores 5 out of 10 in our technical rating. In the last year, PLL was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
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.
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5.72
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.24 to 7.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.78 to 5.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @10.03 from a trend line in the daily time frame.
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%)
PIEDMONT LITHIUM INC / PLL FAQ
What is the technical rating for PLL stock?
ChartMill assigns a technical rating of 5 / 10 to PLL.
Can you provide the trend direction for PIEDMONT LITHIUM INC?
The current trend direction for PIEDMONT LITHIUM INC (PLL) is Bearish.
Can you provide the RSI signal for PIEDMONT LITHIUM INC?
PIEDMONT LITHIUM INC (PLL) has an RSI value of 36.9082. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PIEDMONT LITHIUM INC?
The MACD indicator for PIEDMONT LITHIUM INC (PLL) has a value of -0.257959, indicating a bearish trend.