PLATIND NEWS why is Platinum Industries Ltd price falling or rising

PLATIND NEWS reasons for why stock price of Platinum Industries Ltd is falling or rising

PLATIND Platinum Industries is falling or rising technical reasons

Technical analysis forecast for Platinum Industries Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Platinum Industries PLATIND at this time. Stock is falling and might fall more.

It appears as if Platinum Industries PLATIND gave a large move recently.

Stock of Platinum Industries (PLATIND) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Platinum Industries is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 378.2 as stoploss in an intra day buy trade for a target of 390.71. However, stock will show a bearish move below 378.2.

PLATIND Platinum Industries is falling or rising NEWS fundamental reasons

Company Announcement Platinum Industries Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 27, 2024 - NEWS as on 2024-09-30

Company Announcement - NEWS as on 2024-09-27

Company Announcement Platinum Industries Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 27, 2024 - NEWS as on 2024-09-06

Company Announcement Platinum Industries Limited has informed the Exchange about Copy of Newspaper Publication by the Company on Tuesday, 03rd September, 2024 regarding information on 04th Annual General Meeting to be held on 27th September, 2024 at 11.00 am through Video Conf - NEWS as on 2024-09-04

Company Announcement Platinum Industries Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32 - NEWS as on 2024-08-16

Company Announcement Platinum Industries Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-08-14

Company Announcement Platinum Industries Limited has informed the Exchange regarding Resignation of Mr Narendrakumar Raval as Chief Financial Officer of the company w.e.f. August 12, 2024. - NEWS as on 2024-08-13

Company Announcement Platinum Industries Limited has informed the Exchange regarding 'Press Release' dated 13th August, 2024. - NEWS as on 2024-08-13

More announcements and NEWS

PLATIND Platinum Industries Ltd current price & indicator signals

Moving Averages for Platinum Industries Ltd

  • 5Day Average: 384.05
  • 12Day Average: 388.57
  • 20Day Average: 391.87
  • 50Day Average: 381.88
  • 100Day Average: 300.52

PLATIND Indicators & signals

Indicator MACD (12,26,9)

389.06, 389.03, 3.64
Indicator MACD is in positive zone

Indicator ADX (14)

17.8, 17.14, 24.57
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 58
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of PLATIND Platinum Industries Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
04 Fri Oct 2024 380.10 365.30 to 382.00 0.57% 0.79 times
03 Thu Oct 2024 377.95 375.20 to 396.00 -1.77% 0.67 times
01 Tue Oct 2024 384.75 382.60 to 393.45 -0.44% 0.35 times
30 Mon Sep 2024 386.45 380.00 to 395.20 -1.16% 0.78 times
27 Fri Sep 2024 391.00 383.00 to 406.75 -1.55% 0.82 times
26 Thu Sep 2024 397.15 394.40 to 412.65 -3.77% 0.71 times
25 Wed Sep 2024 412.70 409.50 to 425.95 0.83% 1.15 times
24 Tue Sep 2024 409.30 394.05 to 413.40 4.73% 1.79 times
23 Mon Sep 2024 390.80 388.40 to 400.05 -0.66% 0.65 times
20 Fri Sep 2024 393.40 364.45 to 400.00 8.67% 1.86 times
19 Thu Sep 2024 362.00 358.40 to 382.25 -4.03% 1.23 times
18 Wed Sep 2024 377.20 374.15 to 388.75 -1.32% 0.69 times

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PLATIND NEWS why is Platinum Industries Ltd price falling or rising

 

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