Technical Analysis for ZIM - Zimplats Holdings Ltd  

Grade Last Price % Change Price Change
D 17.600 0.17% 0.030
ZIM closed up 0.17 percent on Wednesday, April 24, 2024, on 12 percent of normal volume. It ran into resistance at its 50 day moving average.
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ADX Long Term Intermediate Term Short Term
Strong Down Down Flat

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Gapped Up Strength 0.00%
Narrow Range Bar Range Contraction 0.17%
Inside Day Range Contraction 0.17%
20 DMA Support Bullish 0.17%
Gapped Down Weakness 0.17%
Narrow Range Bar Range Contraction -0.56%
Outside Day Range Expansion -0.56%
NR7 Range Contraction 0.23%
NR7-2 Range Contraction 0.23%

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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 13,477
200-Day Moving Average 21.529
50-Day Moving Average 17.806
20-Day Moving Average 17.475
10-Day Moving Average 17.654
Average True Range 0.443
RSI (14) 49.49
ADX 26.37
+DI 32.407
-DI 21.392
Chandelier Exit (Long, 3 ATRs) 17.873
Chandelier Exit (Short, 3 ATRs) 17.958
Upper Bollinger Bands 18.469
Lower Bollinger Band 16.480
Percent B (%b) 0.56
BandWidth 11.378
MACD Line -0.019
MACD Signal Line -0.066
MACD Histogram 0.0471
Fundamentals Value
Market Cap 1.89 Billion
Num Shares 108 Million
EPS 2.43
Price-to-Earnings (P/E) Ratio 7.24
Price-to-Sales 0.98
Price-to-Book 0.67
PEG Ratio 0.00
Dividend 0.56
Dividend Yield 3.18%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 17.945
Resistance 3 (R3) 17.977 17.893 17.888
Resistance 2 (R2) 17.893 17.805 17.878 17.868
Resistance 1 (R1) 17.747 17.751 17.705 17.715 17.849
Pivot Point 17.663 17.663 17.643 17.648 17.663
Support 1 (S1) 17.517 17.575 17.475 17.485 17.351
Support 2 (S2) 17.433 17.521 17.418 17.332
Support 3 (S3) 17.287 17.433 17.313
Support 4 (S4) 17.255