Technical Analysis for PL8 - Plato Income Maximiser Ltd  

Grade Last Price % Change Price Change
D 1.180 -1.26% -0.015
PL8 closed down 1.26 percent on Friday, April 26, 2024, on 78 percent of normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. It ran into resistance at its 50 day moving average. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Flat Down Down

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Fell Below 200 DMA Bearish 0.00%
Cup with Handle Other 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
20 DMA Resistance Bearish -1.26%
50 DMA Resistance Bearish -1.26%
Cup with Handle Other -1.26%

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Profile

Plato Income Maximiser Ltd   Description

Plato Income Maximiser Limited is focused on providing investors with the opportunity to benefit from an investment in an actively managed, well-diversified portfolio of Australian listed equities. The Company is seeking to generate annual income (including franking credits), and achieve total returns and including franking credits over each full investment cycle (which the Manager considers to be a period of typically 3 to 5 years), in excess of the Benchmark. It focuses on investing in a portfolio of Australian Stock Exchange (ASX) listed entities, as well as listed SPI futures and cash. The Company will invest in F Class Units. It may invest in a range of sectors, including energy, materials-x-metals and mining gold, consumer discretionary-x-media, media, financials-x-property trusts, property trusts, industrials, consumer staples, healthcare, utilities, information technology and telecommunication service. Plato Investment Management Limited is the manager of the Company.


Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Mining Gold Metal Energy Health Metals Communication Healthcare Australian Securities Exchange Media Information Technology Credit Dividends S&P/Asx 200 Taxation In Australia Trust Law Australian Dividend Imputation System Corporate Taxation Dividend Imputation Franking

Is PL8 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 1.23
52 Week Low 1.0555
Average Volume 559,824
200-Day Moving Average 1.182
50-Day Moving Average 1.197
20-Day Moving Average 1.202
10-Day Moving Average 1.195
Average True Range 0.014
RSI (14) 41.86
ADX 25.24
+DI 17.063
-DI 25.722
Chandelier Exit (Long, 3 ATRs) 1.182
Chandelier Exit (Short, 3 ATRs) 1.223
Upper Bollinger Bands 1.221
Lower Bollinger Band 1.182
Percent B (%b) -0.06
BandWidth 3.228
MACD Line -0.003
MACD Signal Line 0.000
MACD Histogram -0.0031
Fundamentals Value
Market Cap 505.55 Million
Num Shares 428 Million
EPS 0.05
Price-to-Earnings (P/E) Ratio 22.26
Price-to-Sales 17.42
Price-to-Book 1.09
Dividend 0.05
Dividend Yield 4.24%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.210
Resistance 3 (R3) 1.213 1.207 1.205
Resistance 2 (R2) 1.207 1.199 1.205 1.203
Resistance 1 (R1) 1.193 1.194 1.190 1.190 1.202
Pivot Point 1.187 1.187 1.185 1.185 1.187
Support 1 (S1) 1.173 1.179 1.170 1.170 1.158
Support 2 (S2) 1.167 1.174 1.165 1.157
Support 3 (S3) 1.153 1.167 1.155
Support 4 (S4) 1.150