Pluton Resources strengthens above Exponential Moving Average Price 12-day EMAP outperforms 26-day EMAP Pluton Resources, Australia's 105th largest materials company by market capitalisation, has strengthened above its trend. The MACD indicator (12 day EMA-26 day EMA) is positive, a bullish signal. In the past 26 days this indicator was positive for 20 days, suggesting further upside. The stock rose for a second day on Friday bringing its two-day rise to 9.0c or 8.7%. The stock price increased 2.0c (or 1.8%) to close at $1.13. Compared with the All Ordinaries index, which fell 19.1 points (or 0.4%) on the day, this was a relative price change of 2.2%.
stocks are scored on a set of technical parameters reflecting price performance and trading volumes. They are ranked according to the average values of those parameters. The highest rating is 5 and the lowest rating is 1.
PLV Short-Term Rating (Technical): 5 out of 5
Its price change has been positive in the short-term over 5 days, medium-term over 3 months and over the period of 1 year. Its short term rises have been combined with strong volume resulting in strong momentum rises over 1 day. Significantly its price of $1.13 is at a premium of 110% to its 200-day moving average price of 53.83c. Its 52-week range has been $1.14 to 31.50c; it is trading at a discount of 0.9 % to its 52-week high and a premium of 258.7 % to its 52-week low. $1,000 invested exactly one year ago is now worth $2,093 of which $1,093 is a capital gain. Recommended stop loss: $1.045
