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Is Piedmont Lithium Ord Shs (PLL) Stock About to Get Hot Friday?

Friday, October 22, 2021 01:47 PM | InvestorsObserver Analysts

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Is Piedmont Lithium Ord Shs (PLL) Stock About to Get Hot Friday?

Piedmont Lithium Ord Shs (PLL) stock has fallen 5.57% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
Piedmont Lithium Ord Shs has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on PLL!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With PLL Stock Today?

Piedmont Lithium Ord Shs (PLL) stock is trading at $57.51 as of 1:39 PM on Friday, Oct 22, a decline of -$1.28, or -2.18% from the previous closing price of $58.79. The stock has traded between $57.17 and $59.48 so far today. Volume today is below average. So far 187,448 shares have traded compared to average volume of 292,033 shares.

More About Piedmont Lithium Ord Shs

Piedmont Lithium Inc, formerly Piedmont Lithium Ltd is a lithium-based company focused on the development of its Piedmont Lithium Project located within the Carolina TinSpodumene Belt (''TSB'') and along trend to the Hallman Beam and Kings Mountain mines. Click Here to get the full Stock Report for Piedmont Lithium Ord Shs stock.

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