PAN AMERICAN SILVER CORP (PAAS.CA) Stock Technical Analysis
TSX:PAAS - Toronto Stock Exchange - CA6979001089 - Common Stock - Currency: CAD
Taking everything into account, PAAS scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PAAS is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, PAAS did better than 81% of all other stocks. We also observe that the gains produced by PAAS over the past year are nicely spread over this period.
PAAS is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so PAAS is leading the market.
PAAS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
PAAS has an average volume of 1102690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PAAS is an average performer in the Metals & Mining industry, it outperforms 62% of 807 stocks in the same industry.
PAAS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for PAAS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
28.61
40.40
6 important support areas can be observed.
- A support zone ranging from 38.97 to 39.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 35.09 to 35.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.85 from a trend line in the weekly time frame.
- Support @32.33 from a trend line in the daily time frame.
- A support zone ranging from 31.25 to 31.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.90 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 39.43 to 40.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PAAS.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PAAS.CA is up. |
| ChartMill Relative Strength | 81.52 | POSITIVE | PAAS.CA has a high relative strength, it outperformed 81.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PAAS.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PAAS.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PAAS.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.49 | NEUTRAL | The RSI value for PAAS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests PAAS.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.96 | OVERBOUGHT | The high Stochastics value suggests PAAS.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for PAAS.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.36 | NEUTRAL | The ADX value for PAAS.CA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 40.01 | 38.96 | 1.05 (2.62%) | 25.00% |
| An entry @40.01. This is a Buy Stop order right above the resistance zone. | An exit @38.96. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.05 points, which is 2.62%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.66%. |
- The distance between exit and entry is rather small compared to the average daily movement of PAAS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:PAAS (6/13/2025, 7:00:00 PM)
39.42
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week0.54%
2 Weeks17.78%
1 Month23.57%
3 Month6.51%
6 Month24.71%
12 Month44.34%
2 Year104.25%
3 Year55.87%
5 Year-4.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.23
ATR(20)%2.87%
ATR Inc-39.88%
Range Today0.71
ADR(20)0.98
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.52
Mansfield1.81
10 Day High40.62
10 Day Low34.12
20 Day High40.62
20 Day Low30.94
52 Week High40.62
52 Week Low24.96
CS1 End39.41
CR1 Start39.43
Volume & EV
DER(3)6.44%
DER(5)3.89%
Volume765.50K
Volume Incr-20.03%
Vol(5)946.21K
Vol(50)1.10M