PIEDMONT LITHIUM INC (PLL)

US72016P1057 - Common Stock

13.33  +0.29 (+2.22%)

After market: 13.32 -0.01 (-0.08%)

Technical Rating and Analysis

1

Taking everything into account, PLL scores 1 out of 10 in our technical rating. PLL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, PLL is a bad performer in the overall market: 94% of all stocks are doing better.
PLL is one of the lesser performing stocks in the Metals & Mining industry. 89% of 154 stocks in the same industry do better.
PLL is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PLL is lagging the market.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month PLL has a been trading in the 10.82 - 17.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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

13.20

16.97

4 important resistance areas can be observed.

  • A resistance zone ranging from 14.33 to 14.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @14.69 from a horizontal line in the daily time frame.
  • Resistance @15.06 from a horizontal line in the daily time frame.
  • Resistance @16.80 from a trend line in the daily time frame.
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
CRS6.87
Mansfield-6.52
10 Day High13.8
10 Day Low10.83
20 Day High17.66
20 Day Low10.83
52 Week High65.72
52 Week Low10.83
Performance
1 Week9.53%
2 Weeks14.81%
1 Month4.39%
3 Month-2.77%
6 Month-54.58%
12 Month-76.02%
2 Year-79.42%
3 Year-79.46%
5 Year12.49%
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)0.14
RSI(14)53.61
LBB10.67
UBB13.97
PLL Daily chart

PIEDMONT LITHIUM INC

NASDAQ:PLL (5/3/2024, 7:12:36 PM)

After market: 13.32 -0.01 (-0.08%)

13.33

+0.29 (+2.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.22%
1 Week9.53%
2 Weeks14.81%
1 Month4.39%
3 Month-2.77%
6 Month-54.58%
12 Month-76.02%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1
ATR(20)%9.02%
ATR Inc
Range Today0.72
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High13.8
10 Day Low10.83
20 Day High17.66
20 Day Low10.83
52 Week High65.72
52 Week Low10.83
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume492.70K
Volume Incr-49.25%
Vol(5)532.70K
Vol(50)828.14K