Market Mover | Pilbara stock jumps 5.35%, rebounding near the support level
Market Mover | Pilbara stock jumps 5.35%, rebounding near the support level
Support: A$2.86$Pilbara Minerals Ltd (PLS.AU)$ stock jumped 5.35% on Friday, with trading volume expanding to A$69.52 million. Pilbara has risen 10.07% in the past week, with a cumulative loss of 19.75% year-to-date.
$Pilbara Minerals Ltd (PLS.AU)$ 股票週五上漲了5.35%，交易量擴大到6952萬澳元。皮爾巴拉上週上漲了10.07%，但今年累計虧損了19.75%。
Pilbara's technical analysis chart:
Pilbara的技術面分析圖表：
Technical Analysis:
技術面分析：
Support: A$2.86
壓力位：A$2.86
Resistance: A$3.72
支撐位：A$3.72
Price range A$2.86 to A$3.72: The trading range indicates a heavy concentration of buy orders, with the stock price on an upward trend and strong upward momentum. The trading range suggests a sparse distribution of locked-in positions, leading to reduced resistance to upward price movement. The stock price bounced back after finding support near A$2.86. It repeatedly touched around A$3.72, establishing a level of resistance that impedes further upward movement. There are also some trapped positions around A$3.72, and it is necessary to observe whether the resistance level near A$3.72 can be effectively broken through.
價格區間A$2.86至A$3.72：交易區間顯示買單集中，股價呈現上漲趨勢並具有強勁的上行動能。交易區間暗示鎖定頭寸分佈稀疏，降低了向上價格運動的阻力。股價在A$2.86附近找到支撐後反彈。它反覆接近A$3.72，建立了一個阻礙進一步上漲的阻力水平。在A$3.72附近也有一些被困住的頭寸，需要觀察A$3.72附近的阻力位能否有效突破。
Market News :
市場資訊：
Pilbara released its FY2024 results at the end of August, with a 69% decline in revenue to A$1.254 billion. This decrease was primarily attributed to the downward trend in lithium prices. During the reporting period, the company's average estimated realized price for spodumene concentrate dropped by 74% to A$1,762 per dry metric tonne (CIF China) on a ~SC5.3 basis. As for profit, Pilbara's EBITDA of A$538 million was 84% lower than the same period last year, mainly due to lower realized prices. However, lower total costs and higher sales volumes partially offset this decline. The EBITDA margin remained strong at 43% for the period. The underlying profit after tax and statutory profit after tax also experienced significant decreases of 86% and 89% respectively.
Pilbara在八月底發佈了其2024財年的業績報告，營業收入下降了69%，至澳元12.54億。這一下降主要歸因於鋰價格的下降趨勢。在報告期內，該公司的鋰輝石精礦濃縮物的平均實現價格下降了74%，至每幹噸澳元1,762（到岸價中國），基於~SC5.3的單價。至於利潤，Pilbara的A$5,380萬的EBITDA比去年同期下降了84%，主要是由於實現價格較低。然而，較低的總成本和更高的銷售量部分抵消了這一下降。該期間的EBITDA利潤率保持在43%的高水平。稅後基本盈利和法定稅後純利也分別大幅下降了86%和89%。
Previously, the reduction in supply from CATL was expected to drive up the price of lithium mines, leading to a rebound in stock prices. Recently, Australian mining stocks are likely to benefit from China's economic stimulus measures, with shares continuing to rise.
此前，預計CATL的供應減少將推動鋰礦價格上漲，導致股票價格反彈。最近，澳大利亞礦業股票可能受益於中國的經濟刺激措施，股份繼續上漲。
Overall Analysis:
總體分析：
Fundamentally, focus on the company's performance and operational status, as well as the fluctuations in lithium ore prices. Technically, pay attention to whether the support levels hold and if the resistance levels can be effectively breached.
基本面上，重點關注公司的表現和運營狀況，以及鋰礦礦石價格的波動。技術上，注意支撐位能否保持，以及阻力位能否有效突破。
In this scenario, investors should adopt a cautious strategy, setting stop-loss points to manage risk and maintaining ongoing vigilance regarding company developments and market conditions.
在這種情況下，投資者應採取謹慎的策略，設置止損點來管理風險，並對公司發展和市場情況保持持續警惕。
Source: Pilbara, Bloomberg
來源: Pilbara，彭博