Technical Analysis for ZIM - Zimplats Holdings Ltd  

Grade Last Price % Change Price Change
F 17.010 2.84% 0.470
ZIM closed down 0.54 percent on Tuesday, May 14, 2024, on 75 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Flat Up

Date Alert Name Type % Chg
Expansion Pivot Sell Setup Bearish Swing Setup 2.84%
Stochastic Reached Oversold Weakness 2.84%
Gapped Up Strength 2.84%
Oversold Stochastic Weakness 2.84%
50 DMA Resistance Bearish 2.29%
Evening Star Bearish 2.29%
50 DMA Resistance Bearish 0.06%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.06%
Doji - Bearish? Reversal 0.06%
Oversold Stochastic Weakness 0.06%

   Recent Intraday Alerts

Alert Time
Possible Pocket Pivot about 4 hours ago
Rose Above 50 DMA about 5 hours ago
Rose Above 20 DMA about 5 hours ago
50 DMA Resistance about 6 hours ago
20 DMA Resistance about 6 hours ago

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Profile

Zimplats Holdings Ltd   Description

Zimplats Holdings Limited is engaged in the business of producing platinum group metals (PGMs) and associated metals, which include nickel, gold, copper, cobalt and silver mined from the Great Dyke in Zimbabwe. Its segments include Platinum, Palladium, Gold, Rhodium, Nickel, Ruthenium, Iridium, Silver, Copper and Cobalt. The Company, through its subsidiary Zimbabwe Platinum Mines (Private) Limited, a producer of PGMs, is engaged in exploiting the ore bodies located on the Great Dyke in Zimbabwe. The Company has a Mineral Resource base of approximately 223.6 million ounces 4E. The Company operates approximately four underground mines and an open pit mine, which supply ore to three concentrator modules (two at Ngezi and the third one at Selous). Three of the four underground mines are operating at full production while the fourth one is under re-development. The Company sells white matte (a concentrate of metals), which consists of platinum, palladium, rhodium, gold and nickel.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Gold Chemistry Metal Copper Metals Chemical Elements Nickel Silver Cobalt Mines Transition Metals Native Element Minerals Precious Metals Platinum Platinum Group Palladium Pgm Noble Metals Rhodium

Is ZIM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 26.82
52 Week Low 15.99
Average Volume 9,569
200-Day Moving Average 20.945
50-Day Moving Average 17.031
20-Day Moving Average 17.052
10-Day Moving Average 16.696
Average True Range 0.409
RSI (14) 39.39
ADX 14.22
+DI 22.162
-DI 22.382
Chandelier Exit (Long, 3 ATRs) 17.133
Chandelier Exit (Short, 3 ATRs) 17.727
Upper Bollinger Bands 17.887
Lower Bollinger Band 16.217
Percent B (%b) 0.19
BandWidth 9.790
MACD Line -0.237
MACD Signal Line -0.219
MACD Histogram -0.0177
Fundamentals Value
Market Cap 1.78 Billion
Num Shares 108 Million
EPS 2.43
Price-to-Earnings (P/E) Ratio 6.81
Price-to-Sales 0.98
Price-to-Book 0.67
PEG Ratio 0.00
Dividend 0.56
Dividend Yield 3.39%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 17.230
Resistance 3 (R3) 17.293 17.127 17.115
Resistance 2 (R2) 17.127 16.951 17.095 17.077
Resistance 1 (R1) 16.833 16.842 16.750 16.770 17.038
Pivot Point 16.667 16.667 16.625 16.635 16.667
Support 1 (S1) 16.373 16.491 16.290 16.310 16.042
Support 2 (S2) 16.207 16.382 16.175 16.003
Support 3 (S3) 15.913 16.207 15.965
Support 4 (S4) 15.850