Piedmont Lithium: MACD Death Cross and KDJ Death Cross Triggered on 15min Chart

Wednesday, Aug 6, 2025 2:02 pm ET2min read

Piedmont Lithium's 15-minute chart has triggered a MACD Death Cross and a KDJ Death Cross at 08:00 on 06/08/2025. This indicates that the stock price may continue to decline, with a downward momentum shift and potential for further decreases.

Piedmont Lithium Inc. (PLL) experienced a significant technical indicator shift on August 6, 2025, at 08:00, as its 15-minute chart triggered both a MACD Death Cross and a KDJ Death Cross. This combination of indicators suggests a potential downward trend for the stock, with momentum shifting towards the downside and the possibility of further declines.

The MACD (Moving Average Convergence Divergence) and KDJ (KST Divergence J) are widely used technical analysis tools that help identify trend reversals. A "Death Cross" in the MACD occurs when the MACD line crosses below the signal line, indicating a bearish trend. Similarly, a "Death Cross" in the KDJ suggests a potential downward trend in the stock price. The simultaneous occurrence of these indicators on Piedmont Lithium's chart is a strong signal that the stock's momentum is shifting towards a decline.

Piedmont Lithium's financial performance is expected to show a rise in quarterly revenue, with a 21.2% increase to $16.033 million from $13.23 million a year ago, according to the mean estimate from analysts [1]. However, the company is anticipated to post a loss of 59 cents per share for the period ending June 30, 2025. This earnings preview highlights the company's ongoing challenges, despite the anticipated revenue growth.

The lithium market has seen significant price fluctuations in recent months. As of July 25, 2025, the lithium spodumene concentrate spot price reached USD 810, marking a substantial increase from the previous month [1]. Meanwhile, China's lithium carbonate spot price climbed to CNY 72,900, up 20% from the previous month [1]. These price movements underscore the ongoing supply-demand dynamics in the market.

Junior lithium miners, which are not yet in commercial production, face a higher risk profile due to the long timeframe required for development and production. Companies like LibertyStream Infrastructure Partners Inc. and Galan Lithium are notable examples of juniors actively pursuing projects with high potential but significant uncertainty.

Several junior lithium miners have upcoming catalysts that could influence their stock performance. Galan Lithium aims to ramp up production at the Hombre Muerto West project, targeting 4ktpa LCE of lithium chloride production by H1, 2026, and eventually 20Ktpa LCE in Phase 2 [1]. Vulcan Energy Resources expects to commence commercial production at the Zero Carbon Lithium™ Project in Germany by the end of 2026, with a target capacity of 40,000tpa [1]. Ioneer Ltd. has begun a strategic partnering process for its Rhyolite Ridge Lithium-Boron Project, with a compelling project economics profile [1].

The lithium market remains dynamic and volatile, with both opportunities and risks for investors. Junior lithium miners face higher risks but also potentially higher rewards. Technical indicators like the MACD and KDJ suggest a downward trend for Piedmont Lithium, which could influence market sentiment. Investors should closely monitor these trends and upcoming catalysts to make informed decisions.

References:
[1] https://seekingalpha.com/article/4805409-lithium-junior-miners-news-for-july-2025
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3TW0T4:0-piedmont-lithium-inc-expected-to-post-a-loss-of-59-cents-a-share-earnings-preview/

Comments



Add a public comment...
No comments

No comments yet