ETFPLT: shallow correction?A price action below 16600 supports a bearish trend direction.
Recently crossed below its 200-day simple moving average.
Expect further downside potential for a break below the mentioned 16600 price level.
The target price is set at 15900 (its 200-week simple moving average).
The stop-loss price is
Key stats
About 1NVESTPLATINUM ETF
Home page
Inception date
Apr 7, 2014
Replication method
Physical
Income tax type
Capital Gains
Primary advisor
STANLIB Collective Investments (RF) Pty Ltd.
ISIN
ZAE000182556
1nvest Platinum ETFs are backed by physical platinum, stored and insured in secured custodian vaults
Classification
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.