PERFECT MOMENT LTD (PMNT) Stock Technical Analysis
USA - NYSEARCA:PMNT - US7137151004 - Common Stock
We assign a technical rating of 2 out of 10 to PMNT. PMNT'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.
PMNT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.48. Right above this resistance zone may be a good entry point.
More info and screens
0.41
When analyzing the support we can see 2 important areas.
- Support @0.43 from a horizontal line in the weekly time frame.
- Support @0.41 from a trend line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.51 from a trend line in the daily time frame.
- Resistance @0.52 from a horizontal line in the weekly time frame.
- Resistance @0.56 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for PMNT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PMNT is neutral. |
| ChartMill Relative Strength | 8.61 | NEGATIVE | PMNT has a low relative strength, it was outperformed by 91.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PMNT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PMNT is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PMNT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.93 | NEUTRAL | The RSI value for PMNT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests PMNT has a positive trend. |
| Stochastics (14,3) | 66.51 | NEUTRAL | The Stochastics value for PMNT is a neutral value. |
| Average True Range in percent/ATR (20) | 8.83 | HIGH VOLATILITY | The high ATR as a percentage value for PMNT suggests high volalility. |
| Average Directional Index/ADX (14) | 15.87 | NEGATIVE | The low ADX value for PMNT suggests a weak or negative trend. |
0.4606
-0.01 (-3.03%)
PERFECT MOMENT LTD / PMNT FAQ
What is the ChartMill technical rating of PERFECT MOMENT LTD (PMNT) stock?
ChartMill assigns a technical rating of 2 / 10 to PMNT.
Can you provide the trend direction for PERFECT MOMENT LTD?
The current trend direction for PERFECT MOMENT LTD (PMNT) is Bearish.
Can you provide the RSI signal for PERFECT MOMENT LTD?
PERFECT MOMENT LTD (PMNT) has an RSI value of 49.9286. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PERFECT MOMENT LTD?
The MACD indicator for PERFECT MOMENT LTD (PMNT) has a value of 0.00120976, indicating a bearish trend.
Can you provide the short term momentum for PERFECT MOMENT LTD?
The short term momentum for PERFECT MOMENT LTD (PMNT) is neutral.