TSX:PAAS - Toronto Stock Exchange - CA6979001089 - Common Stock - Currency: CAD
We assign a technical rating of 1 out of 10 to PAAS. PAAS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, PAAS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 32.16, a Stop Loss order could be placed below this zone.
28.35
When analyzing the support we can see 3 important areas.
We found 1 important resistance area.
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 | NEUTRAL | NEUTRAL | The long term trend for PAAS.CA is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PAAS.CA is down. |
ChartMill Relative Strength | 63.85 | NEUTRAL | PAAS.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PAAS.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PAAS.CA is below a declining 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) | 46.63 | NEUTRAL | The RSI value for PAAS.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests PAAS.CA has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 33.66 | NEUTRAL | The Stochastics value for PAAS.CA is a neutral value. |
Average True Range in percent/ATR (20) | 4.42 | MEDIUM VOLATILITY | The ATR as a percentage value for PAAS.CA suggests some volalility. |
Average Directional Index/ADX (14) | 16.2 | NEGATIVE | The low ADX value for PAAS.CA suggests a weak or negative trend. |
TSX:PAAS (5/23/2025, 7:00:00 PM)
33.15
+0.08 (+0.24%)